Kuwait | Egypt Oil & Gas - Part 26
Long Standing Kuwait-Vietnam Relationship Comes to a Close
Vietnam’s top fuel importer, Petrolimex, and Kuwait Petroleum Corp (KPC) have ended their long-standing diesel term contract that dates back to the 1990s since imports from Southeast Asia now attract lower dutie...
GCC States Outline Key Technological Priorities for Oil Sector
The Industry Technology Facilitator’s (ITF) Gulf Cooperation Council (GCC) members have agreed to take on three technology challenges. Representatives from Kuwait Oil Co., Petroleum Development Oman, and Abu Dhabi Nat...
Kuwait’s 5-Year Plan to Sustain Non-Oil Growth
Kuwait’s non-oil growth will maintain a steady 5% in 2015 and 2016 as project implementation improves, a report said. Kuwait’s economic growth is set to maintain a healthy pace despite last year’s collapse in oil pric...
Saudi Sipchem Makes Moves to Buy Kuwait Subsidiaries
Saudi International Petrochemical Co (Sipchem) has agreed to pay $100.2 million to raise its stake in two local subsidiaries, it said on Wednesday. The firm will buy stakes owned by Kuwait’s Ikarus Petroleum Ind...
Negotiations Over Petroleum Derivative Imports with UAE, Kuwait, Saudi
The Egyptian government is currently involved in negotiations with Emirates to sign a new agreement to secure the needs of local market of petroleum derivatives during the second half of the current year, with payment...
Kuwaiti Refinery Construction Put on Hold
The start-up of Kuwait’s Al Zour crude oil refinery is expected to be delayed after rising construction costs forced state refiner Kuwait National Petroleum Co (KNPC) to seek more money to finance the plant, a K...
Saudi and Kuwait Entering the Global Solar Contest
To hear the oil ministers of Saudi Arabia and Kuwait talk about it this week, the race to develop massive solar power arrays in the world’s sunniest nations is nearly as important as the current battle for oil m...
Oil Leak Under Control in Kuwait Refinery
Kuwaiti National Petroleum Company (KNPC) announced on Saturday that a leak had been discovered in a water treatment unit tank at its Mina Abdullah refinery, the state news agency reported. The agency said workers had...
