Kuwait | Egypt Oil & Gas - Part 11
KPC Signs Oil Supply Contract for Chinese Refinery
The Kuwait Petroleum Company (KPC) has signed a contract to supply crude oil to a privately owned Chinese oil refinery, The Arab Times reported. Managing Director for International Marketing at KPC Walid Al-Badran sai...
Kuwait, Sinopec Sign Agreement to Build Chinese Refinery
Kuwait has signed a memorandum of understanding (MoU) with Chinese oil major Sinopec for the construction of an oil refinery in the south of China, the Kuwait Oil Ministry announced on October 25, according to Reuters...
KNPC to Meet Companies for Kuwait Solar Power Plant Project
The Kuwait National Petroleum Company (KNPC) will hold preliminary meetings with companies participating in the construction of the planned Al-Dibdibah solar power plant project, Al-Rai reported citing sources familia...
Kuwait Oil Company Says Gas Leak Under Control
The Kuwait Oil Company reported a slight gas leak in West Kuwait on October 2, which it says is now under control, according to Reuters. “The incident did not affect at all operations which are running normally,...
Kuwait’s Crude Shipments to Japan Down 5.3% in July
Kuwaiti crude oil exports to Japan fell 5.3% in July year-on-year (YOY) to 216,000 barrels per day (b/d), the third consecutive monthly decrease, Kuwait News Agency (KUNA) reported. However, Kuwait’s share of total Ja...
OPEC to Agree Oil Supply Monitoring Mechanism: Kuwait Minister
OPEC and non-OPEC petroleum producing countries will agree to introduce a mechanism for monitoring crude oil production before the end of 2018, Kuwaiti Oil Minister Bakheet Al-Rashidi stated, according to the Arab Tim...
Kuwait, Iraq to Study the Development of Shared Oil Fields
Kuwait and Iraq plan to appoint consultants to study the development of shared oil fields, as a solution to long-standing tensions over cross border oilfields, Reuters reported. Kuwaiti oil minister Bakhit al-Rashidi ...
Bab al-Mandeb Closure has Limited Impact on Shipments: Kuwait
The temporary closure of the Bab al-Mandeb strait has a limited impact on Kuwaiti oil shipments as only 10% pass through the strategic shipping lane, Reuters cited Kuwait News Agency (KUNA) on July 26. Sheikh Talal al...
