oil
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Ahmed Al Jarallah
Sheikh Mohammad, bring our dreams closer
Ahmed Al-Jarallah THE Almighty Allah says in the Holy Quran, “And continue to remind, for surely the reminder benefits the…
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Business
Introduction of ‘oil and gas’ into JPF a milestone for KOC strategy
KUWAIT CITY, Jan 3: MEED Magazine reported that Kuwait Oil Company and Kuwaiti Spitco Engineering Company brought oil and gas…
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Business
KPC sets $70 per barrel estimate for fiscal 2024/’25 budget
KUWAIT CITY, Jan 3: Kuwait Petroleum Corporation (KPC) has estimated the indicative price of a barrel of Kuwaiti oil at…
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Business
Market focus on two key factors influencing oil prices
KUWAIT CITY, Jan 2: The market focus is currently honed in on two pivotal factors influencing oil prices, with their…
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Business
Kuwait’s oil revenues for 9 months surpass 15.8 billion dinars, 92% of the budget
Kuwaiti oil prices exceed budgeted estimates, averaging $85 per barrel. KUWAIT CITY, Dec 27: As the conclusion of the fiscal…
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Business
Kuwait’s oil industry ‘grapples’ with challenges, striving for 2040 targets
KUWAIT CITY, Dec 21: Standard & Poor’s credit rating agency “S&P” said that Kuwait faces challenges to raise the production…
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Business
‘Kuwait’s sovereign rating stability relies on oil prices, fiscal reforms’
KUWAIT CITY, Dec 18: In a recent report, Standard & Poor’s (S&P) outlined that Kuwait’s sovereign rating stability is mainly…
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Business
Oil sector eyes leasing current oil and gas pipelines
KUWAIT CITY, Dec 7: The oil sector is gearing towards providing rapid liquidity estimated at KD1.116 billion without putting pressure…
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Business
Kuwait’s annual oil and gas financing faces 34.7% drop
KUWAIT CITY, Dec 6: In October, local bank financing for the oil and gas sector witnessed an extraordinary surge, increasing…
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Business
OPEC summit focuses on ‘balancing’ market
The OPEC meeting last Thursday ended with some uncertainty surrounding the future oil prices. From OPEC’s decision, it can be…
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