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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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OPEC Oil Output in May Rises Less Than Planned in Iraq and the Gulf

OPEC oil output in May increased slightly but fell short of expectations, as Iraq and Gulf states limited production boosts. The Reuters survey revealed...

Adnoc Drilling Oman Deal Secures 70% Stake in SLB Rigs

Adnoc Drilling has made a bold move in the regional oil sector. The company secured a 70% stake in SLB’s drilling operations in Oman....

Kuwait Oil Production to Reach 3 Million BPD by 2030

Kuwait oil plan is a massive oil investment to boost national output. The country aims to raise its oil production capacity above 3 million...

GCC Faces Economic Challenges Amid Oil Price Decline

Gulf Cooperation Council (GCC) companies are navigating a complex economic challenges landscape. The dual impact of declining oil prices and escalating trade tensions presents...

Kuwait Eyes Stake in US LNG Project for Energy Growth

Kuwait LNG strategy is exploring a key opportunity in the American energy sector. Its overseas energy arm is now in talks with Australia’s Woodside...

Kuwait Oil Sector Strength Grows with KNPC-KIPIC Merger

Kuwait has launched a major transformation to boost Kuwait oil sector strength by merging two major companies. The Kuwait National Petroleum Company (KNPC) and...

Kuwait Merger Strengthens Oil Sector Development

Kuwait continues to reshape its energy industry through bold moves and strategic planning. In a major step forward for Kuwait's oil sector development, the...

Kuwait Boosts Oil Future with Burgan Field Upgrade

Kuwait plans to boost production at the Burgan oilfield to support Kuwait's oil production growth. The country aims to reverse the decline in one of...

Kuwait Oil Prices Drop as Global Crude Prices Slide

Kuwait oil prices drop again, showing how global trends affect local markets. Kuwait's oil price fell by USD 1.06. The price dropped from USD...

Kuwait Aims to Boost Oil Production and Develop Durra Gas Field

Kuwait has unveiled a strategic initiative to enhance its oil production capacity and develop the Durra gas field, despite ongoing territorial disputes with Iran....
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