British Petroleum (bp) is having late-stage talks to sell its Lightsource solar energy unit to a consortium backed by Kuwait’s sovereign wealth fund, as bp is focusing on oil and gas to boost returns, Reuters repo ...
Kuwait Oil Company has signed a $16 billion pipeline lease-and-leaseback agreement with a consortium led by Blackstone, Brookfield, and KKR, securing the largest foreign direct investment in Kuwait's history.
Kuwait’s crude oil output surged by 184.5% month on month (M-o-M), reaching 1.65 million barrels per day (mmbl/d) in June 2026, a source familiar with the matter said on June 30, as the Organization of the Petrole ...
Badawi met with Sheikh Nawaf Saud Al-Sabah, Deputy Chairman and CEO of Kuwait Petroleum Corporation (KPC), on the sidelines of his visit to the United States.
Kuwait Petroleum company (KPC), a state- owned oil company, has extended the deadline for preliminary bids on its crude oil pipeline network to April 28, citing disruptions from the US–Israeli war on Iran, accordi ...
Kuwait Petroleum Corporation (KPC) has begun cutting crude oil production and declared force majeure amid ongoing disruptions to energy shipments through the Strait of Hormuz as the conflict between US and Iran en ...
Kuwait expects to launch tenders this year for the long-delayed development of the Durra oil and gas field, a major offshore project to be developed in cooperation with Saudi Arabia, Kuwait’s Oil Minister Tariq Al ...
Baker Hughes, one of the major innovators, has secured a significant multi-year contract from Kuwait Oil Company (KOC), the state-owned oil company, to deploy advanced artificial lift technologies aimed at enhanci ...
On the sidelines of his visit to Kuwait to attend the meetings of the Organization of Arab Petroleum Exporting Countries (OAPEC) Karim Badawi, Minister of Petroleum and Mineral Resources, met with Loay Jassim Al- ...
The Ministry of Petroleum and Mineral Resources (MoPMR) took part in the 16th Kuwait Week in Cairo, held under the patronage of Egyptian Prime Minister, Mostafa Madbouly. The ministry participated with a dedicated ...
