oil
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Business
Oil firms flush with cash, reluctant to invest more
International oil companies are sitting on cash piles worth billions of dollars but still not prepared to invest in oil…
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Business
Kuwait able to increase oil ‘output’ in line with OPEC+, says oil minister
KUWAIT CITY, Oct 21, (KUNA): Kuwaiti Minister of Oil and Higher Education Dr. Mohammad Al-Fares will participate in the Saudi…
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Business
Kuwait crude production on the decline! Can we stem it?
What happened to oil investments? WHILE the rest of our Gulf oil producers are on track to increasing and boosting…
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Business
Energy industry ‘shocked’ by soaring prices & tight supply
Russia now in full control of market OPEC+ and its main partner Russia are squeezing on both fronts in the…
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Business
Time for OPEC+ to act … ‘increase’ oil production
NEXT week the oil organization will meet to decide on the fate of the direction of the oil price. Consumers…
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Business
Europe in need of more Russian gas supply: IEA
IN anticipation of a gas shortage in the coming winter months in Europe, the International Energy Agency (IEA) has urged…
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Business
Time for Kuwait govt to be serious about ‘reining in’ our expenditures
We should not be overtaken by the recent surge in oil prices, which is hitting $ 75 a barrel. Actually,…
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Business
Imminent major changes in KPC with ‘cost cuts’ in mind
IT is either that or a repetition of the previous years’ situation with no changes in the mainstream or upgrade…
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