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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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Oil Minister Highlights Arab Energy Cooperation at OAPEC Meeting in Kuwait

OAPEC Energy Cooperation stood at the center of discussions as Arab oil ministers met in Kuwait on December 15, 2025. Arab energy cooperation and investment...

Local Firm Awarded Trunk Line Project for Kuwait Oil Co.

Kuwait Oil project advances as MECC secures a crucial trunk line contract, aiming to boost northern field production. This development is pivotal for the...

Kuwait Strengthens Border Security with Major Diesel Smuggling Operation Bust

Kuwaiti authorities successfully dismantled a diesel smuggling operation, seizing a farm in Abdali and arresting nine suspects. This diesel smuggling operation highlights the government’s...

KPC Excellence Award Strengthens Innovation in Kuwait

Kuwait Petroleum Corporation (KPC) has launched the KPC Excellence Award to promote innovation, teamwork, and high performance across the oil sector. Accordingly, officials emphasized...

Middle East Oil Producers to Boost Supplies to India in December

Middle Eastern oil producers Saudi Arabia, Iraq, and Kuwait will increase crude oil supplies to India in December. This move comes as Indian refiners...

Kuwait Commemorates 34 Years Since Last Oil Well Fire

Well extinguishment in Kuwait marks 34 years since Iraqi forces set fire to the last of 737 oil wells in February 1991. The event...

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...
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