Kuwait extends bidding deadline for a major KOC project aimed at boosting oil production in the southern region.

Riyadh, May 26, 2025, SPA -- The governments of the Kingdom of Saudi Arabia and the State of Kuwait announced that Wafra Joint Operations have made a new oil discovery in (North Wafra Wara-Burgan) ...

Oil markets are in turmoil after U.S. strikes on Iran, with fears of regional escalation and potential disruption to vital ...

Gulf oil giants like Saudi Aramco, ADNOC, and QatarEnergy are investing billions to nearly double LNG capacity by 2030.

Kuwait's fiscal deficit is projected to average 8.9% of GDP between 2025 and 2028, a significant increase from the estimated 2% in 2024, according to S&P Global Ratings. This deterioration is ...

With concrete steps and a lucid vision, Kuwait's oil sector has succeeded in assembling a rigid cybersecurity system that acts as a shield for the national economy, helping to stifle any potential ...

A Kuwaiti oil company listed on the local bourse has received an offer to sell its controlling share in its subsidiary in the UAE. Energyhouse said it is considering the offer for the purchase of its ...

Oil prices jumped on Friday and settled 7% higher as Israel and Iran traded air strikes, feeding investor worries that the combat could widely disrupt oil exports from the Middle East.

Kuwait's crude oil exports to China reached 115,000 bpd in 2008 from 18,000 bpd in 2004, a six-time increase, with KPC planning to hit 50,000 bpd by 2015. In a separate meeting with Andrew Liveris, ...

Kuwait Construction Industry Report 2025: Output To Record An AAGR Of 5.1% During 2026-2029, Driven By Investments In Renewable Energy, Transport, And Oil And Gas Projects Date 2025-06-05 06:16:07 ...