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Kuwait replaces top oil sector officialsState-run Kuwait Petroleum Company (KPC) appointed a new chief executive and suspended other top officials after the country paid $2.2 billion in damages to Dow Chemical Co over a scrapped plastic More… |
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Kuwait Oil Company to invest $40bnKuwait Oil Company (KOC), the upstream division of the Kuwait Petroleum Corporation (KPC), plans to invest about $40 billion in the next five years, it was revealed today. The investment is aime More… |
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Kuwait oil firm pulls out of Ithaca bidKuwait's national oil company has walked away from takeover talks with North Sea-focused oil and gas explorer Ithaca Energy, a Kuwaiti daily reported on Sunday. Kuwait Foreign Petroleum Exploration, the international arm of Kuwait Petroleu More… |
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Emarat to buy Kuwait jet fuel as demand growsEmirates General Petroleum Corp (Emarat) has secured an additional term contract with Kuwait Petroleum Corp to purchase jet fuel in anticipation of an increase in domestic demand, sources said. With Gulf airlines intensifying competition w More… |
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Kuwait forms new cabinetKuwait formed a new cabinet on Tuesday, state television reported, after a snap parliamentary election earlier this month in which opposition candidates won a solid majority. The former head of Kuwait's state petroleum corporation KPC, Ha More… |
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Kuwait crude output near full capacityCore Opec Gulf member Kuwait is producing near its full capacity and would find it difficult to increase production or honour requests for additional crude, Kuwait Petroleum Corp chief executive Farouk Al-Zanki said on Tuesday. Al-Zanki sa More… |
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KPC, Sinopec start building $9.3bn projectChina Petroleum & Chemical Corp (Sinopec) and Kuwait Petroleum Corp on Friday started building their joint refining and petrochemical complex in the southern Chinese province of Guangdong, the top Chinese oil refiner said. The 59 billi More… |
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KPC plans to sell 20pc stake in China projectKuwait Petroleum Corp. hopes an international oil company will take 20 per cent of its stake in a $9-billion joint venture project in China soon, KPC's chief executive said. KPC and Chinese refiner Sinopec Corp are equal partners in a More… |
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KPC wins Italy jet fuel contractQ8Aviation, a part of Kuwait Petroleum Corporation (KPC), has won its first major contract from easyJet for supply of jet fuel at Catania-Vincenzo Bellini Airport in Italy. The world's sixth largest supplier of aviation fuel, Q8Aviatio More… |
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Kuwait oil exports move as strike continuesExports of crude oil and oil products out of Kuwait are moving normally and all customer commitments will be met, a Kuwaiti oil industry spokesman said on Tuesday, as the customs union pledged to continue a strike that stranded sea tanker traffic More… |
