Kuwait's Ministry of Oil organized Sunday a virtual seminar on developments in liquefied natural gas (LNG) and hydrogen in ...
Kuwait aims to elevate its oil production capacity from 2.7 million to 3.15 million bpd within four years. Along with this, the country plans to boost its natural gas production by a significant 79%.
Thirty-five years ago, the oil fields of this desert sheikhdom the size of New Jersey went up in flames when Iraq’s Saddam ...
Kuwait's new government aims to support the development of the energy industry while facing calls for economic diversification to lessen dependence on oil revenues. After suffering a significant ...
Kuwait exported zero crude oil in April 2026 for the first time since the 1991 Gulf War, according to tanker tracking data. While production continues, the country has diverted oil into storage and ...
Officials and economists warned that the war in the Middle East has transformed from a geopolitical crisis into a “protracted economic ...
Kuwait on Friday said that its Mina Al-Ahmadi oil refinery again came under attack by Iranian drones, sparking fire at several of its units. The refinery was also hit on Thursday, leading to fire.
KUWAIT: Kuwait’s current account surplus moderated in 2025 but nevertheless remained very large at almost 23 percent of GDP. The dip reflected weaker oil prices, higher imports of goods and services, ...
Kuwait’s recently installed premier chose new oil and finance ministers as part of an abrupt government overhaul, changing all but three cabinet members for the country’s sixth line-up in less than 18 ...
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Kuwait Oil Company (KOC) remains committed to achieving and maintaining the highest standards of operational excellence, ...
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 prices. Oil revenues for the fiscal year 2022-2023 — ...