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Kuwait
Oil & Gas Trade
Kuwait Oil Company Q8 to Buy 50% of Italian Biodiesel Producer Ecofox
The Italian branch of Kuwait Petroleum International (KPI), Q8,said on Saturday that it would buy a 50% stake in Italian biodiesel producer, EcoFox, as part of …
Solar project
Kuwait tenders 1.1 GW solar project
The Kuwait Authority for Partnership Projects (KAPP) has launched a tender to build a 1,100 MW solar project in Al-Shaqaya, Al-Jahra Governorate, near Kuwait Ci…
Oil Exploration
Kuwait's Al-Zour Refinery Put Into Full Production
Bringing online the third of the three mini refineries will gradually take the capacity to 615,000 bpd.Kuwait’s mega Al-Zour refinery is now fully operati…
Oil & Gas Supply
Saudi Arabia, Other Arab States Reaffirm Commitment to Voluntary Oil Production Adjustments
The OPEC logo pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria, Septemb…
Oil&Gas Drilling
Kuwait Expects Durra Gas Field to Be Fully Commissioned by 2029 -Official
The Durra gas field in the Arabian Gulf is expected to be fully commissioned by 2029, a deputy managing director of Kuwait Petroleum (IPO-KUWP.KW) said on Wedne…
Oil&Gas Drilling
Kuwait Oil's First Offshore Drilling Expected to End in 2026
Kuwait Oil Company's first offshore exploratory and drilling operations for oil and gas are expected to end in 2026, the state-owned firm's chief geolog…
Oil Price
Kuwait Petroleum Corporation Posts Net Profit of $8.5 Billion in Last Fiscal Year
Kuwait Petroleum Corporation and its subsidiaries posted a net profit of more than 2.6 billion Kuwaiti dinars ($8.48 billion) in the last fiscal year, the highe…
Oil&Gas Drilling
Kuwait Oil Company to Invest $43 Billion on New Oil Projects, CEO Says
Kuwait intends to expand production by nearly 200,000 barrels per day
Oil & Gas Trade
Kuwait’s Oil Company Seeks to Exit Norway
Kuwait's overseas oil and gas division has launched a sale process for its Norwegian assets as part of its focus on newer exploration and production hubs, i…
Combined Heat and Power
Efficiency Upgrade Planned for Kuwait’s Sabiya Power Station
Sabiya Power Station in Kuwait. Image: Mitsubishi PowerMitsubishi Power has won a contract from the Kuwait Ministry of Electricity & Water & Renewable Energy to…
Personnel Appointment
Schneider Electric Appoints Hady Stephan as Vice President of Power Systems for the Gulf Region
As the head of Schneider Electric’s Power Systems segment, Stephan will be responsible for commercial and operational activities in critical industries su…
Hydropower Plant
Kuwait Awards Sabiya Power Station Deal to Mitsubishi Power
Mitsubishi Power has secured a long-term contract from the Kuwait Ministry of Electricity & Water & Renewable Energy to upgrade and enhance the Sabiya power and…
Oil&Gas Drilling
COSL Rig Getting Ready for Its Gig off Kuwait
A rig, which is destined to work on a drilling campaign offshore Kuwait, is preparing for its assignment at a Chinese yard. The rig is slated to depart for Kuwa…
Oil & Gas Trade
Saudi Arabia, UAE and Allies Announce Surprise Oil Production Cuts
Saudi Aramco's Ras Tanura oil refinery and oil terminal. Opec+ members Saudi Arabia, the UAE, Iraq, Kuwait and Algeria have agreed to voluntary oil producti…
OPEC
OPEC Secretary General Says Russia’s Membership in OPEC+ Is Vital for Success of Agreement
OPEC's new secretary general said that Russia's membership in OPEC+ is vital for the success of the agreement, Kuwait's Alrai newspaper reported on Sunday.
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