Kuwait has approved a new financing and liquidity law, enabling it to borrow up to $97.3 billion to fund projects aimed at ...

In January 2024, Khaled Al-Sabah, CEO of Kuwait Petroleum Corporation (KPC), unveiled an ambitious $30 billion investment plan aimed at boosting the emirate’s oil production capacity by 40%. The ...

Kuwait Oil Company (KOC) has issued a tender for an Engineering, Procurement, and Construction (EPC) contract for the Sabriya & Bahra Field Water Separation Facility. The project involves the ...

KUWAIT CITY, March 22: Oil Minister Tariq Al-Roumi has stressed the need to Kuwaitize the oil sector in the coming years, particularly since the nationals working in the sector are creative and ...

Output and prices both down Surplus falls by 18% Total exports drop by 9% A fall in oil export revenues caused by lower output and a drop in prices pushed Kuwait’s trade surplus down by ...

KUWAIT, March 22 (KUNA) -- Kuwaiti oil price rose 89 cents to USD 76.60 per barrel in Friday's trading compared to Thursday's rate of USD 75.71 pb, reported Kuwait Petroleum Corporation (KPC) on ...

This is a locator map for the Gulf Cooperation Council member states: Saudi Arabia, Bahrain, Qatar, Oman, Kuwait and United Arab Emirates. (AP Photo) ...