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The State of Kuwait is seeking to boost its oil production capacity up to 4.750 million barrels per day by 2040 in line with Kuwait Petroleum Corporation's strategy, Minister of ... >>
Kuwait has appointed as oil minister Bakheet Al-Rashidi, who led the OPEC member’s international refining unit as the business expanded from Italy to Vietnam. Al-Rashidi, presi... >>
Thales, the French multi-national defense services company, has delivered a state-of-the-art remotely operated turret and surveillance system to the Kuwait Ministry of Interior for u... >>
Oil Minister Essam al-Marzouk said Sunday the international crude market is expected to rebalance in the fourth quarter of 2018 after producers extended a deal to curb output. Speaki... >>
State-owned Kuwait Petroleum Corporation (KPC) have opened up four oil projects to private investors,it was announced on Sunday. The move follows a trend of state-owned companies... >>
Kuwait has not been enthusiastic about any new electronic product, as is the case with the process of the virtual currency Bitcoin (BTC), reports Al-Anba daily. The daily quoting... >>
With benchmark Brent crude prices hovering around $62 per barrel in late November, oil looks set to round off a fifth consecutive month of gains. November’s price also marks th... >>
The need for a vibrant private sector employing more Kuwaiti nationals has heightened as the Gulf country is facing "lower for longer" oil prices, the International Monetar... >>
Oil will continue to remain the world’s largest source of energy over the next two decades, despite the increasing importance of renewable energy, notes the latest edition of t... >>
The global energy market has experienced significant changes since last November, which had an impact on medium- and long-term estimates, according to OPEC's World Oil Outlook (W... >>
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