Kuwait | Egypt Oil & Gas - Part 17
Kuwait Increases Oil Exports to China
Kuwait’s crude oil exports to China increased by 37.5% in April 2017, from a year earlier, to reach 1.63m tons, which is equivalent to 397,000b/d, reported Kuwait News Agency (KUNA). According to the General Adm...
Kuwait Urges Deepening OPEC Oil Cuts
Kuwait stated on the 24th of May that OPEC and non-member oil producers could deepen output cuts or extend them for a year as they seek to clear a global stocks overhang and prop up the price of crude, reported Channe...
Kuwait’s Oil Exports to China Rise 14.7%
Kuwait’s crude oil exports to China in the first three months of 2017 rose 14.7% from the same period of 2016 to 305,000b/d, Kuwait News Agency (KUNA) reported, citing the government’s data. As mentioned by MENA...
Kuwaiti Oil Price Decreases
Kuwait Petroleum Corporation (KPC) told Kuwait News Agency (KUNA) that the price of Kuwaiti oil went down by $0.42 to reach $48.75 per barrel on the 25th of April after it was $49.17 on the 21st of April. Globally oil... Kuwait to Receive $1b for Refinery Renovation
Kuwait’s Al-Ahmadi Oil Refinery, which is managed by Kuwait National Petroleum Company (KNPC), will receive $1b in funding from the Japan Bank for International Cooperation (JBIC), in addition to Japanese mega-b...
Egypt, Kuwait Renew Oil Supply Contracts
According to a press release to Egypt Oil&Gas, the Egyptian General Petroleum Corporation (EGPC) renewed two 3-year commercial contracts with Kuwait Petroleum Corporation (KPC) in the presence of the Egyptian Mini...
Kuwaiti Oil Price Reached $49.27 per barrel
The Kuwait Petroleum Corporation (KPC) stated on the 2nd of April that on the 1st of April the Kuwaiti oil prices were stable at $49.27 per barrel, which is the same price of the preceding day, reported Kuwait News Ag...
Oman, Kuwait to Sign Duqm Refinery Agreement
Oman and Kuwait agreed on signing mid-April a partnership deal for the Duqm refinery, near Al Wusta region’s port, Times of Oman reported following a statement by Kuwait’s Oil Minister. According to Zawya, the 230,000...
