oil
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Business
‘Oil, gas used as main weapon openly, consumers bear brunt’
THE USA, Europe, and Russia are using oil and gas as the latest weapon in the current Russia-Ukraine war. These…
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Kuwait
Kuwait has 9th largest oil reserves
‘53 billion barrels recoverable’ KUWAIT CITY, July 3: Kuwait ranked ninth in the world for recoverable oil reserves, according to…
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Business
No more oil is available, Mr. President – OPEC+
THE message sent by 23 members of OPEC+ in anticipation of the expected visit of the US President to the…
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Business
‘$30 per barrel cost added due to crisis’
KUWAIT CITY, June 25: Bloomberg Agency quoted the CEO of the Kuwait Petroleum Corporation, Nawaf Saud Al- Sabah, as saying…
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Business
Kuwait plans to implement oil, gas projects worth $11.5bn
KUWAIT CITY, June 25: Kuwait has allocated about $11.5 billion to implement oil and gas projects during the coming years,…
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Business
Kuwait to launch ‘offshore’ drilling in territorial waters
‘Project a real challenge for KOC’ KUWAIT CITY, June 20: The Kuwait Oil Company (KOC) is preparing to launch a…
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Insight
‘Pouring more oil into market not enough – curtail demand’
TO start with, there isn’t enough oil that is readily available to meet the ongoing demand, especially with China awakening…
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Business
‘Pouring more oil into market not enough – curtail demand’
TO start with, there isn’t enough oil that is readily available to meet the ongoing demand, especially with China awakening…
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Business
‘Number of job vacancies in oil sector expected to exceed 2,000’
KUWAIT CITY, May 23: Kuwait Petroleum Corporation (KPC) has instructed its subsidiaries to look into job vacancies in the oil…
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Business
‘Serious measures vital to stabilize prices of oil’
KUWAIT CITY, May 21: Minster of Commerce and Industry Fahad Al-Shuraian said on Wednesday that the political and economic changes…
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