Kuwait Petroleum Corporation

KPC Borrows $6.58 B from National Banks

The Kuwait Petroleum Corporation’s (KPC) board of directors made several vital decisions to finance its strategic projects, among them KPC has gained the approval to borrow around $6.58 billion from Kuwaiti banks. ...

KPC Sells First shipment of Low Sulphur Diesel  

Kuwait Petroleum Corporation announced that it's international marketing sector has sold its first shipment of low Sulphur Diesel with a Sulphur content of 10 ppm, in cooperation with Kuwait National petroleum com ...

KPC to Boost Oil Exports, Gas Production

Kuwait Petroleum Corporation (KPC) aims to boost its oil exports and increase gas production.

Kuwait Extracts Light Crude From Jurassic Production Units

Kuwait Oil Company has separated and extracted light crude oil from Jurassic production.

Kuwait Petroleum to Produce 4.75 b/d by 2040

Kuwait Petroleum Corporation eyes boosting its crude oil output through spending an expected amount exceeding $500 billion by 2040.

Kuwait Doubles Crude Oil Storage in Egypt

Kuwait increased the monthly amounts of crude oil to be stored in Egypt to 4m b/m.

Kuwait Bumped Oil Price to $44 a Barrel

Kuwait Petroleum Corporation (KPC) stated that the country increased oil prices increased by $0.13, late August, from $43.87 per barrel to reach $44 per barrel

Egypt, Kuwait Debate Joint Investment Strategies

Minister of Petroleum and Mineral Resources Tarek El Molla welcomed a delegation from Kuwait Petroleum Corporation (KPC) headed by Nabil Bourisly, the Managing Director of International Marketing, with whom he discus ...

Kuwait to Boost Oil Exports through Suez Canal

The Kuwait Petroleum Corporation has signed an agreement with Egypt’s Suez Canal Authority to boost the bilateral cooperation between the two countries and increase the number of Kuwaiti tankers to increase the Kuwai ...

Kuwait Boost Purchase of Russian LNG

Kuwait has plans to purchase up to 1.5m metric tons of LNG from Russia on an annual basis, according to Deputy Managing Director of Kuwait Petroleum Corporation (KPC), Nasser Abdullah Saleh.

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