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oil and gas
Without funding for KOC projects, Kuwait might lose huge oil profits
February 1, 2023
KUWAIT CITY, Jan 31: Oil sources have warned that Kuwait will lose about USD 10 billion of its oil revenues within a year, unless a funding of at......
Continue Reading >MEW to operate 16 power transfer stations in Al-Mutla’a soon
January 31, 2023
The Ministry of Electricity and Water and Renewable Energy will, during the next five months, operate 16 main power transformers in various sectors......
Continue Reading >Scarcity of liquidity confuses the oil sector
January 31, 2023
Kuwait stands to lose about $10 billion of its oil revenues within a year, unless funding of at least one billion dinars is available for KOC projects......
Continue Reading >Total projects awarded in Kuwait during 2022 reached $2.8 billion
January 31, 2023
KUWAIT: GCC project awards contracted during 2022 as global economic challenges mounted. The decline of GCC contract awards was affected by high......
Continue Reading >Top five oil majors set to rake in record $200b profit for 2022
January 30, 2023
The five biggest oil majors in the world are expected to rake in record profits for 2022 of around $200 billion in combined yearly earnings in the......
Continue Reading >Kuwait poised for decade-high oil revenues amid political turmoil
January 28, 2023
Middle East petro-state Kuwait is poised to significantly boost its oil revenues to more than $81.9 billion this financial year, led by robust oil......
Continue Reading >Kuwait Petroleum Corporation to recruit ‘600 Kuwaitis’
January 27, 2023
KUWAIT CITY, Jan 26: Kuwait Petroleum Corporation (KPC) and its subsidiaries will soon hire about 600 Kuwaitis – diploma and bachelor degree......
Continue Reading >KPC sends oil shipment sent to Oman
January 23, 2023
KUWAIT CITY, Jan 21: Managing Director for Global Marketing at Kuwait Petroleum Corporation (KPC) Sheikh Khaled Ahmad Al- Sabah confirmed that the......
Continue Reading >KOC establishes largest renewable energy station to feed its facilities
January 20, 2023
The Kuwait Oil Company is preparing feasibility studies for the establishment of the largest renewable energy station in Kuwait, which would feed......
Continue Reading >Kuwait largest importer of natural gas in Middle East-
January 16, 2023
KUWAIT CITY, Jan 15: Kuwait has become the largest and most important market for importing natural gas in the Middle East and North Africa region......
Continue Reading >Top News
MoCI studying ways to provide support to nano-businesses
Give jobs to Kuwaiti youth in municipal projects