Saturday 18 November 2017
 
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KPC

Kuwait seeks to set up energy trading venture says report

Opec member Kuwait plans to start trading energy and not just producing it, joining other Middle Eastern producers eager to claw back some of the profit traders like Vitol Group and Glencore earn by buying and selling the region’s oil.

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Kuwait sells annual naphtha supplies at lower premiums

Kuwait Petroleum Corp (KPC) has sealed new annual naphtha supply deals at lower premiums than a year ago, three sources with knowledge of the matter said on Tuesday.   The producer sold full-range nap

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Kuwait sells annual naphtha supplies at lower premiums

Kuwait Petroleum Corp (KPC) has sealed new annual naphtha supply deals at lower premiums than a year ago, three sources with knowledge of the matter said on Tuesday.   The producer sold full-range nap

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Kuwait mulls privatisation of oil services sector

Kuwait is mulling the privatisation of its oil services sector, a senior finance ministry official said on Tuesday, although any such plans would not include the Gulf Arab state's production capability.   The

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Kuwait mulls privatisation of oil services sector

Kuwait is mulling the privatisation of its oil services sector, a senior finance ministry official said on Tuesday, although any such plans would not include the Gulf Arab state's production capability.   The

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Qatargas in 4-year deal to supply LNG to Kuwait

Qatargas and Kuwait Petroleum Corporation (KPC) have signed a deal to supply half a million tonnes of liquefied natural gas (LNG) to Kuwait over the next four years, according to a report.   The LNG will be sourc

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Kuwait seeks to privatise some KPC facilities

Kuwaiti Finance Minister Anas Al-Saleh told a press conference on Monday that the country would seek to privatise some state-owned projects, including airports, ports and some facilities of the Kuwait Petroleum Corporation (KPC).

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Kuwait to develop Pakistan oil fields

State-run Kuwait Petroleum Corporation (KPC) said on Sunday that its international arm has signed a memorandum of understanding to develop oil fields in Pakistan. The signing by Kuwait Foreign Petroleum Exploration Company (Kufpec

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Kuwait to raise crude output, sign export deals

Kuwait plans to raise its crude oil production by 150,000 barrels per day (bpd) in the third quarter and aims to sign new export deals with European customers soon, a senior Kuwaiti official was quoted as saying. New contracts are

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KPC to sell loss-making assets to cut costs

State-run Kuwait Petroleum Corp (KPC) plans to sell loss-making assets to cut costs as low oil prices pressure its finances, state news agency Kuna has reported. Nizar Al-Adsani, chief executive of KPC, was quoted as saying the co

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