In international markets, the Brent crude forwards dropped by 75 cents to USD 64.15 pb while those of the West Texas crude ...

The project represents a significant investment of approximately $1.54bn (Kd473.37m), aimed at producing 55 million standard cubic feet per year.

Kuwait announces a $50 billion investment plan to significantly increase its oil production capacity over the next five years, with long-term goals extending to 2040.

Brent futures rose by 81 cents to USD 64.90 pb and West Texas Intermediate went up by 95 cents to USD 61.84 pb ...

The Oil Ministry affirmed Tuesday that the Kuwait Oil Tankers Company (KOTC) is a strategic pillar of Kuwait's oil sector, ...

April 26, 2025 Kuwait Petroleum subsidiary acquires 25% stake in China's Wanhua Chemical Group Kuwait's Petrochemical Industries Company, a subsidiary of state-owned Kuwait Petroleum Corporation ...

A week ago, Kuwait Oil Company (KOC) announced a significant discovery of light oil and associated gas in the offshore Al-Nokhatha field. Kuwait has revealed ambitions to nearly double its oil ...

Kuwait Petroleum (KPC) has announced a $33bn investment strategy up to 2029 to enhance its oil production capacity, according to a report by Bloomberg. The plan aligns with other producers ...

In November 1976, the United Arab Emirates was on a date with the birth of the Emirates News Agency, as a news and knowledge media entity that expresses the country, and on June 18, 1977, “WAM” ...

Acting Chief Executive Officer (CEO) of Kuwait Oil Tankers Company (KOTC) Sheikh Khaled Al-Sabah has announced that Kuwait is ...

PIC, a unit of state-owned Kuwait Petroleum Corp., is investing $638 million to acquire the holding, the Chinese company said in a statement. KPC said separately it expects the transaction to ...

The Kuwaiti crude oil fell 17 cents during Wednesday's trading to hit US$64.09 per barrel (pb), compared with US$64.26 pb the day before, Kuwait Petroleum Corporation said Thursday.According to the ...