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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......

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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......

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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......

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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......

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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......

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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......

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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......

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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......

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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......

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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......

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Top News

January 20, 2023
MoCI studying ways to provide support to nano-businesses
January 20, 2023
Give jobs to Kuwaiti youth in municipal projects
January 20, 2023
Kuwait project deals surge 688% quarter-on-quarter to $1.25bln


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