Saturday 12 July 2014
 
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Kuwait Petroleum Corporation

KPC chief says $100 an acceptable oil price

Oil at $100 a barrel is a comfortable price for producers and consumers, the head of state-run Kuwait Petroleum Corporation (KPC) told state news agency Kuna on Thursday.      "Kuwait is satisfied with oil prices

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KPC wins Italy jet fuel contract

Q8Aviation, 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

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Bangladesh signs diesel, jet deal with Kuwait

Bangladesh has renewed a term oil products supply deal with Kuwait for diesel and jet, the chairman of its state oil company said on Wednesday. Bangladesh Petroleum Corporation (BPC) will import 1.2 million tonnes of oil products annually

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Shell inks strategic Kuwait deals

Energy giant Shell said it has signed key agreements with Kuwait Petroleum Corporation (KPC) and Kuwait Oil Company to jointly investigate new business opportunities. The agreement with KPC, covers areas of co-operation across the upstrea

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KPC to spend $90bn in 5 years for growth

Kuwait Petroleum Corporation (KPC) plans to spend $90 billion in the next five years to implement its growth strategy, Hashim al-Rifai, managing director for planning at KPC told a news conference on Monday. Kuwait, the world's fourth-

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KPC to host 1st ME oil products forum

Leading oil product experts will participate and address The 1st Middle East Oil Products Forum (OPF 2010), which is being hosted by Kuwait Petroleum Corporation (KPC). The event, to be held on April 28 and 29 in Kuwait, is being held in c

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KPC and Vitol sign LNG supply deal

Vitol has signed an agreement with Kuwait Petroleum Corporation (KPC) to supply liquefied natural gas (LNG) to Kuwait to help the state meet peak electricity demand during summer from 2010 to 2013. While KPC is following through on its pla

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Kuwait working on renewing oil tanker fleet

Kuwait, the world's fourth-largest oil exporter, is in the process of renewing its shipping fleet, a senior official said on Monday. 'We are...changing most of the tankers we have, around 25 ships, said Saad al-Shuwaib, chief execu

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Kuwait Petroleum cuts naphtha term offer

Kuwait Petroleum Corporation (KPC) has for the first time cut its term naphtha offer to $13 a tonne premium, despite sealing a deal with one buyer at a higher price which would have been normally agreed by others, traders have said. The la

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KPC to spend half of investments budget abroad

The state-owned Kuwait Petroleum Corporation (KPC) plans to spend around half of its investment budget on petrochemical and refinery projects abroad, the official Kuna news agency reported on Saturday. The company will also focus on projec

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