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OPEC+ Keeps December Oil Output Targets Unchanged, With Saudi Arabia’s Required Production at 10.478 Million bpd

Seven OPEC+ producers including Saudi Arabia, Iraq, Kuwait and Oman agreed on Sunday to keep December production at September's required levels.
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Kuwait’s HEISCO Wins KD1.92 Million Order to Replace FCC Regenerator at KNPC’s Mina Al-Ahmadi Refinery

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Gulf Crude Output Rose 5% to 16.9 Million Barrels a Day in 2025, About 22.5% of World Supply, GCC-Stat Says

Crude oil production in the six Gulf Cooperation Council states rose 5% to 16.9 million barrels per day in 2025, while exports climbed 6.1% to 12.2 million barrels per day, GCC-Stat said.
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Kuwait Approves KWD5.38 Million of Emergency Contracts for Damaged KOTC Tankers

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OPEC+ Keeps December Oil Output Targets Unchanged, With Saudi Arabia’s Required Production at 10.478 Million bpd

Seven OPEC+ producers including Saudi Arabia, Iraq, Kuwait and Oman agreed on Sunday to keep December production at September's required levels.

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OPEC+ Keeps December Oil Output Targets Unchanged, With Saudi Arabia’s Required Production at 10.478 Million bpd

Seven OPEC+ producers including Saudi Arabia, Iraq, Kuwait and Oman agreed on Sunday to keep December production at September's required levels.

Kuwait’s HEISCO Wins KD1.92 Million Order to Replace FCC Regenerator at KNPC’s Mina Al-Ahmadi Refinery

Heavy Engineering Industries and Shipbuilding Company (HEISCO) has received a KD1.92 million ($6.2 million) purchase order to help replace a regenerator in a fluid catalytic cracking unit at KNPC's Mina Al-Ahmadi refinery.

Gulf Crude Output Rose 5% to 16.9 Million Barrels a Day in 2025, About 22.5% of World Supply, GCC-Stat Says

Crude oil production in the six Gulf Cooperation Council states rose 5% to 16.9 million barrels per day in 2025, while exports climbed 6.1% to 12.2 million barrels per day, GCC-Stat said.

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Iran Targets Gulf Energy and Utility Infrastructure, Raising Regional Oil and Economic Security Concerns

Iran widened its regional campaign by striking energy and industrial infrastructure across the Gulf, raising fresh concerns over oil security, utilities, and economic stability....

Singapore Bunker Imports Decline as Kuwaiti Fuel Shipments Halt Amid Strait of Hormuz Tensions

Singapore bunker imports are declining as fuel shipments from Kuwait have effectively disappeared. The disruption follows escalating regional tensions that have limited access through...

$158 Million Shagaya Grid Project to Boost Kuwait’s Energy Network

A Kuwaiti contractor has secured a major $158 million deal to develop the Shagaya power grid. The project will connect the Shagaya Solar Energy...

Saudi Arabia and Kuwait Push Energy Deals Amid Regional Tensions

Saudi Arabia and Kuwait are pushing ahead with major energy projects despite the ongoing regional conflict. The Middle East war has targeted oil and...

Oil Prices Drop Sharply as Kuwaiti Crude Falls to $113

The price of Kuwaiti crude oil declined sharply this Tuesday as global markets reacted to shifting supply expectations. Data from the Kuwait Petroleum Corporation...

Kuwait Oil Company Triggers 30% Workforce Rotation

The Kuwait Oil Company (KOC) transitioned to an emergency "30% workforce" model this Tuesday. This precautionary measure aims to protect personnel during the ongoing...

Gulf States Slash Oil Production by 6.7 Million BPD Amid Strait of Hormuz Crisis

Global oil markets faced a historic shock Tuesday as Bloomberg reported that Iraq, Saudi Arabia, the UAE, and Kuwait have collectively cut production by...

Gulf Oil Crisis Intensifies As Kuwait Halts Exports And Prices Surge

Gulf oil crisis escalates as Kuwait began cutting crude production after storage tanks approached capacity. Officials say very large crude carriers cannot transport oil...

Kuwait Pipeline Stake Sale Talks Advance With Global Funds

Kuwait pipeline stake discussions have entered an early but active phase. Moreover, Kuwait pipeline stake negotiations now involve several major global investment firms. As...

KPC Pipeline Deal Attracts $7 Billion Investment

Kuwait’s KPC pipeline deal is attracting interest from global investors as the company explores a $7 billion stake sale. Early talks have involved several...

Kuwait to Build Power and Steam Plant in Ratqa

Kuwait Petroleum Corporation (KPC) signed an MoU with the Ministry of Electricity, Water and Renewable Energy and Kuwait Oil Company (KOC) to build the...

Saudi Arabia and Kuwait Advance Divided Zone Projects

Saudi Arabia and Kuwait strengthened cooperation on major Divided Zone Projects during a meeting in Al-Khafji, Saudi Arabia, on Sunday. Furthermore, the discussions highlighted...
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