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

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

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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...

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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...

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ADNOC Drilling Acquires 80% of MB Petroleum to Expand Gulf Presence

The ADNOC Drilling will acquire an 80% stake in MB Petroleum Services, marking its second regional acquisition. This move accelerates the company’s expansion across...

Kuwait Oil Company Drives Operational Excellence and Secures Energy Future

Kuwait Oil Company achieves record oil and gas production, advances offshore exploration, and strengthens digital transformation. KOC empowers Kuwait’s energy future with innovation, sustainability,...

Oil Kuwait crude price rises amid global market rebound

Oil prices in Kuwait climbed steadily this week. The Kuwait Petroleum Corporation confirmed the increase, as crude oil rose by $1.46 to reach $64.53...

Global Oil Surplus May Shift To Shortage in Coming Years

The global oil surplus is expected to continue through this year and next, as production levels remain higher than demand. However, experts predict a shift toward...

Reducing Oil Dependence Remains Kuwait’s Key Economic Challenge

Kuwait continues to rely heavily on oil dependence, according to the latest IMF assessment. The International Monetary Fund (IMF) analyzed the country’s economic and...

Kuwait Oil Capacity Hits Highest Level in a Decade

Kuwait’s oil production capacity has climbed to 3.2 million barrels per day, the highest level in more than 10 years. Oil Minister Tariq Al-Roumi...

Kuwait Oil Sector Leaders Outline Vision at Annual Forum

The Kuwait oil sector gathered senior executives in Kuwait City to outline strategies for growth, training, and sustainability. At the annual oil sector leaders’ forum, Kuwait...

Durra Gas Field Gets Kuwait Approval Amid Regional Dispute

Kuwait has secured final government approvals to advance the Durra gas field, a project central to its long-term energy strategy. Sheikh Nawaf Saud Al-Nasser...

Kuwait Petroleum Considers Pipeline Leasing to Raise Billions

Kuwait Petroleum Corp. (KPC) is considering leasing part of its pipeline network. The move aims to fund a $65 billion investment plan covering upstream,...

Kuwait Power Grid Efficiency Improves at Control Center

Kuwait's National Control Center plays a crucial role in managing the nation's electric grid with skill and dedication. Every day, employees monitor, operate, and...

Kuwait crude oil price falls slightly to US$69.98 per barrel

Kuwait crude oil price fell slightly, closing at US$69.98 per barrel. This marks a 9-cent drop from its earlier level of US$70.07 per barrel....

Kuwait Oil Price Increases as Global Benchmarks Decline

The Kuwait oil price recorded a slight increase, climbing by 22 cents to reach $69.23 per barrel. This development signals a modest gain in regional oil...
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