oil
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Kuwait
KOC reports minor fire in oil-leaked well due to bad weather conditions
KUWAIT CITY, March 27: Kuwait Oil Company (KOC) confirmed that due to bad weather conditions, a minor fire broke out…
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Business
Oil price awaiting US replenishing stocks!
THE US oil price is trading below $90 a barrel, and Brent close to $75. The market is in a…
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Business
Oil price rise sparks revenue surge
KUWAIT CITY, March 7: Global Finance magazine revealed that high oil prices in 2022 led to an increase in Kuwaiti…
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International
Oil good for 90 years, gas up for 95
KUWAIT CITY, March 6: The Middle East Institute website stated that Kuwait has established a national committee on ozone and…
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Business
Study of Russia’s monopoly in energy supply to Europe
ONE of the main consequences of the Russian invasion of Ukraine is the loss of Russia’s grip on its gas…
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Business
KPC looks at fierce competition from int’l companies to obtain Kuwait oil contracts
Duqm Refinery 97% complete KUWAIT CITY, March 2: The Kuwait Petroleum Corporation is at the center of fierce competition from…
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Business
Kuwait to increase diesel, jet fuel production
‘Fulfillment of Europe’s energy supply needs to hamper KOC operations’ KUWAIT CITY, Feb 16: The Gulf states are facing challenges…
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Business
Oil price at $140 per barrel!
THE latest forecast for the crude oil price level during the coming months is $140. The main reason behind this…
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Business
Increase in oil sector’s claims to MEW up by KD 3b
KUWAIT CITY, Feb 4: The oil sector’s financial claims to the Ministry of Electricity, Water and Renewable Energy has risen…
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