Kuwait government invests in major infrastructure plans.
Kuwait is a member of both the Organisation of the Petroleum Exporting Countries (OPEC) and the GCC. Additionally, the country
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OPEC
Qatar to ready for talks to resolve Gulf crisis.
Qatar’s ruler said Friday that the Gulf emirate is ready for talks to resolve a diplomatic crisis with a Saudi-led
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Kuwait, Qatar to reduce oil production from January 1.
Oil companies in Qatar and Kuwait on Tuesday announced that they will reduce production levels from the beginning of the
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Kuwait deputy FM says Iran, oil producers must not increase production
Kuwait’s deputy foreign minister Khaled Jarallah said oil exporting countries must freeze production and the market could not support a
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Saudi planning $2 trillion fund for post-oil era, says deputy crown prince.
Saudi Arabia plans to set up a $2 trillion mega fund for post-oil era, Bloomberg reported on Friday, citing Saudi
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Kuwait says will commit to oil freeze only if all major producers take part.
Kuwait will commit to a potential global oil production freeze only if major oil producers, including Iran, agreed to join
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Finally, Kuwait’s fourth oil refinery on its way.
AFTER waiting for more than ten years and obtaining all necessary approvals, Kuwait has finally signed the contract worth $15
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Kuwait’s Shuaiba oil refinery fire is ” Not an act of terrorism” – KNPC
A fire at Kuwait’s 200,000 barrel-per-day Shuaiba oil refinery on Monday that led to its total shutdown was not the
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Kuwait mulls changes to board of state-owned energy giant.
Kuwait is considering whether to make changes to the board of its state-owned energy giant, Kuwait Petroleum Corp (KPC), after
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Iran in talks with Asia buyers to up oil sales.
Iran is in talks with at least three buyers in Asia to sell them more crude oil if sanctions on
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Kuwait to boost drilling rigs by 50% by 2016.
Kuwait plans to boost its oil and gas drilling rigs by 50 percent by early 2016 as it seeks to
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Saudi Aramco to postpone some projects due to oil price slump.
Saudi Aramco will renegotiate some contracts and postpone some projects due to falling oil prices, the head of Saudi Arabia’s
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Qatar named MidEast’s most expensive construction market
Construction costs in Qatar remain the highest in the Middle East, followed by the UAE and Saudi Arabia, according to
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“We have to live either $80 or with $60,” says Kuwait oil minister.
Kuwait’s oil minister said on Wednesday the Organisation of the Petroleum Exporting Countries (OPEC) member will have to accept any
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