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OPEC+ Keeps October Oil Output Unchanged as Members Prepare for 2027 Quota Talks

OPEC+ kept its oil output policy unchanged for October during a meeting on Sunday. OPEC+ now faces important decisions about future production levels and...
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US-Iran Escalation Sends Oil Prices Higher as Strait of Hormuz Supply Risks Grow

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Kuwait Launches $3.3 Billion Tender for Major Onshore Facility Linked to Al-Durra Gas Development

Kuwait has launched a major tender for an onshore facility linked to the Al-Durra gas development. The project carries an estimated value of $3.3...
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Kuwait Moves Ahead with $372 Million Desalination Plant to Strengthen Water Security and Meet Future Demand

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OPEC+ Keeps October Oil Output Unchanged as Members Prepare for 2027 Quota Talks

OPEC+ kept its oil output policy unchanged for October during a meeting on Sunday. OPEC+ now faces important decisions about future production levels and...

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OPEC+ Keeps October Oil Output Unchanged as Members Prepare for 2027 Quota Talks

OPEC+ kept its oil output policy unchanged for October during a meeting on Sunday. OPEC+ now faces important decisions about future production levels and...

US-Iran Escalation Sends Oil Prices Higher as Strait of Hormuz Supply Risks Grow

Hormuz oil prices moved higher after renewed fighting between the United States and Iran increased concerns about regional energy supplies. The latest escalation has...

Kuwait Launches $3.3 Billion Tender for Major Onshore Facility Linked to Al-Durra Gas Development

Kuwait has launched a major tender for an onshore facility linked to the Al-Durra gas development. The project carries an estimated value of $3.3...

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OPEC+ Keeps October Oil Output Unchanged as Members Prepare for 2027 Quota Talks

OPEC+ kept its oil output policy unchanged for October during a meeting on Sunday. OPEC+ now faces important decisions about future production levels and...

US-Iran Escalation Sends Oil Prices Higher as Strait of Hormuz Supply Risks Grow

Hormuz oil prices moved higher after renewed fighting between the United States and Iran increased concerns about regional energy supplies. The latest escalation has...

Kuwait Launches $3.3 Billion Tender for Major Onshore Facility Linked to Al-Durra Gas Development

Kuwait has launched a major tender for an onshore facility linked to the Al-Durra gas development. The project carries an estimated value of $3.3...

Kuwait Moves Ahead with $372 Million Desalination Plant to Strengthen Water Security and Meet Future Demand

Kuwait desalination capacity is set to expand as construction moves closer on a new water treatment facility. The project aims to strengthen the country’s...

Kuwait Petroleum Corporation Profit Hits Three-Year High Despite Oil Sector Challenges

Kuwait’s state oil sector recorded a major earnings improvement as Kuwait Petroleum Corporation reported its strongest annual profit in three years. KPC profit surge...

Action Energy Profit Surges 96.6% as Kuwait Firm Expands Drilling and Oilfield Services

Action Energy delivered strong financial growth during the first half of 2026. The Kuwait-based energy company nearly doubled its net profit during the period. Revenue...

Kuwait Secures $16 Billion Pipeline Infrastructure Investment with Global Partners

Kuwait pipeline deal reached a major milestone after Kuwait Petroleum Corporation completed a $16 billion infrastructure agreement with a consortium of leading international investment...

Kuwait and Oman Reaffirm Commitment to Expanding Energy and Oil Sector Cooperation

Kuwait Oman relations continued to strengthen as senior officials reaffirmed their commitment to closer cooperation. Kuwait Oman discussions highlighted the importance of expanding collaboration...

Kuwait Reports Damage to Oil Facilities Following Iranian Missile and Drone Strikes

Kuwait Attacks have intensified regional tensions after missile and drone strikes damaged an important oil facility on Saturday. The latest escalation triggered emergency responses...

OPEC+ Approves August Oil Production Increase of 188,000 Barrels Per Day to Support Market Stability

OPEC+ Output will increase in August after seven major producers agreed to raise crude production while continuing efforts to support market stability. The latest...

Kuwait Petroleum Seeks Global Fund Consortia for $7 Billion Pipeline Stake Sale

Kuwait pipeline deal reflects a major push to attract global capital into energy infrastructure. It also signals stronger international interest in Gulf assets. In...

Kuwait Prepares to Increase Oil Production and Export Shipments as Confidence Grows in Strait of Hormuz Trade Recovery

Kuwait Oil is moving back into focus as the country prepares to increase energy exports through the Strait of Hormuz. Recent developments have encouraged...
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