He argued that optimal planning for increasing domestic oil production should be done every three years, not over decades, especially since increasing oil production capacity must be a gradual process ...
Kuwait plans to raise oil production capacity to 4 million bpd by 2035, leveraging low costs, offshore development, and ...
KUWAIT: Kuwait Petroleum Corporation will invite international companies to assist its state-owned unit Kuwait Oil Company ...
The major turnout for an annual oil and gas conference in Kuwait is a testament to the nation's transformation into a "trusted" international energy partner, His Highness the Prime Minister Sheikh ...
Add Yahoo as a preferred source to see more of our stories on Google. A view shows a pressure gauge near oil pump jacks outside Almetyevsk KUWAIT (Reuters) -Kuwait's oil minister Tariq Al-Roumi said ...
KOC is “engaging with some U.S. operators to explore how their expertise can support the development of Kuwait’s shale oil and shale gas resources," said Ahmad Al-Eidan on the sidelines of a ...
Arabian Gulf Business Insight on MSN
Kuwait says 2026-27 fiscal gap to widen on lower oil prices
Kuwait expects its fiscal deficit to widen sharply during the 2026-27 year as government revenue declines on lower oil income, the draft budget shows. The deficit is projected at KD9.8 billion ($32 ...
Kuwait prepares to invite international oil companies to help it develop recently discovered offshore oil and gas fields, Kuwait’s Prime Minister, Sheikh Ahmad Abdullah Al-Ahmad Al-Sabah, said on ...
Kuwait's government announced on Tuesday that the country's state oil company plans to invite foreign energy companies to help it develop its recent crude and gas discoveries. What happened: In his ...
AMEC has won a major contract to manage US$5billion of oil field projects in Kuwait. AMEC has won a major contract to manage US$5billion of oil field projects in Kuwait. The contract with the Kuwait ...
Arabian Gulf Business Insight on MSN
Kuwait expects record non-oil revenue in 2026-27
Kuwait expects its non-oil revenues to climb to an all-time high of more than $11 billion during its next fiscal year as it pushes ahead with plans to increase taxes and fees on government services.
KUWAIT (Reuters) -Kuwait's Oil Minister Tariq Al-Roumi said on Thursday that OPEC is closely monitoring global oil supply, demand trends, and U.S. President Donald Trump's recent remarks on Russian ...
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