Kuwait’s Oil Minister: Demand to Rise by 1.5M b/d
Global oil demand will increase 1.5 million barrels per day (b/d) next year, Kuwait’s Oil Minister, Bakheet El Rashidi, predicted.
Kuwait | Egypt Oil & Gas - Part 14
Kuwait Appoints New Oil Minister
In a cabinet shake-up, Bakheet El Rashidi, CEO of Kuwait Petroleum International (KPI), has been appointed as Kuwait’s new oil minister.
Kuwait, Iraq Agree to Natural Gas Price
Kuwait and Iraq agreed on an export price for Iraq’s natural gas.
Iraq Considering Natural Gas Pipeline to Kuwait
Iraq is considering building a natural gas pipeline to Kuwait and an associated petrochemical plant.
Some ME Oil Exporters Could Run Budget Surpluses
With rising oil prices, Iran, Iraq, Kuwait, and Qatar could run budget surpluses next year if prices remain stable.
Kuwaiti Business Group to Build 600,000 b/d Refinery in India
The Kuwaiti Al Arfaj Group signed a memorandum of understanding to build a 600,000 barrel per day (b/d) oil refinery in the Indian state of Andhra Pradesh.
Egypt Gas Signs $8.6M Contract with Kuwaiti Al Rabiya
Egypt Gas Company signed an $8.6 million contract with Al Rabiya in Kuwait.
Egyptian Firms Participate in KOGS 2017
A number of Egyptian firms participated in the Kuwait Oil & Gas Show and Conference (KOGS 2017).
KPC Aims to Increase Crude & Natural Gas Output
Kuwait Petroleum Company (KPC) plans to raise crude oil output to 4 million barrels a day by 2020 and natural gas output to 1 billion cubic feet per day (bcf/d) by 2023.
Kuwaiti Oil Minister: Markets Steady Despite Concerns over Iraq & Iran
Despite simmering tensions in Iraq and uncertainty over the Iran nuclear agreement, world oil supplies have remained steady, according to the Kuwaiti Oil Minister, Essam El Marzouq.
