Oil News in Kuwait

Kuwait Oil Imports Down 26% in November
12/27/2024 - Japanese government data showed on Friday that crude oil imports from Kuwait fell 26 percent year-on-year in November to 5.18 million barrels (173,000 barrels per day), marking the 14th straight month...
Ministry of Oil Sponsors Digital Transformation Conference in Kuwait
11/27/2024 - Undersecretary of the Ministry of Oil Sheikh Dr. Nimer Fahad Al-Malik Al-Sabah delivers a speech during the conference, discussing the ministry's vision for adopting the latest digital technologies to...
Ministry of Oil Launches Petroleum Culture Platform
10/28/2024 - • Sheikh Dr. Nimer Fahad Al-Malik Al-Sabah: The platform ensures easy access to all information through smooth transition between its sections

• Sheikha Tamader Khaled Al-Ahmad Al-Jaber Al...
Kuwait Stresses Importance of Gulf Cooperation at 18th Meeting of Petroleum Undersecretaries
9/28/2024 - Sheikh Dr. Nimer Fahad Al-Malik Al-Sabah: The meeting aims to present a unified Gulf vision on the international scene that enhances the region's position as a major source of energy • Sheikha Tamader...
The Forum Becomes a Platform for Exchanging Experiences and Innovations in the Oil and Gas Sector
8/8/2024 - Sheikh Dr. Nimer Fahad Al-Malik Al-Sabah: The Gulf Petroleum Media Forum plays a pivotal role in spreading awareness of the importance of energy - We aim to build a new generation of specialized media...
A Delegation from the Kuwait Ministry of Oil Participates in the Fifth Gulf Petroleum Media Forum
7/31/2024 - Sheikh Dr. Nimer Fahad Al-Malik Al-Sabah: The forum contributes to enhancing communication between the media and the oil and gas industry and its role in supporting the national and global economy - S...
Kuwaiti (KIPIC): Al-Zour Refinery Exports the First Shipment of Low-sulfur Fuel Oil
11/30/2022 - Kuwait Integrated Petroleum Industries Company (KIPIC) announced today, Tuesday, the export of the first shipment of high-quality low-sulphur fuel oil produced by Al-Zour Refinery to Singapore on boar...
Kuwaiti Crude Oil Exports to Japan Rose to 9.6M barrels Last August
10/1/2022 - Japanese government data showed today, Friday, that Kuwaiti crude oil exports to Japan achieved their highest rise last August in the last 31 months, which amounted to 9.60 million barrels, equivalent...
A New Era of Export Oil Operations in Kuwait
2/24/2021 - Taking the operations of one of the Middle East’s biggest upstream projects into a new era, our Lower Fars heavy oil development project team has completed the successful integration of Kuwait Oil Com...
Kuwait Hopes to Resolve Neutral Zone Issue with Saudi Arabia by Year End
12/22/2019 - Kuwait’s oil minister said on Sunday he hoped Kuwait and Saudi Arabia will resolve the Neutral Zone issue by the end of 2019. The two countries halted output from the jointly-run oilfields - Khafji an...
Kuwait Renews Gas Oil Supply Contract with Lebanon
11/29/2018 - Kuwait Petroleum Corporation has renewed its contract with Lebanon’s energy ministry to supply Lebanon’s state electricity company with gas oil for a year at international market prices, Kuwait News A...
Kuwait and UAE Oil Demand - November 2017
Kuwait and UAE Oil Demand - November 2017 11/29/2017 - Oil requirements also increased in Kuwait and the UAE by 3% and 2%, respectively, y-o-y as growth in the transportation fuels appeared to be the main source of support in both countries. ...
Kuwait Says Agreement on Oil Output Cuts must Satisfy all Parties
5/23/2017 - Oil producers agree they need to do whatever is necessary to restore balance to the crude market but any decision on output cuts must satisfy all parties, Kuwait's oil minister told state news agency ...
Kuwait's KPC Informs Customers of Lower Oil Supplies in Jan 2017
12/13/2016 - Kuwait Petroleum Corporation (KPC) said on Tuesday it had officially notified its customers of a cut in their contractual crude oil supplies for January, in line with a deal with OPEC to reduce produc...
SPE International Heavy Oil Conference & Exhibition
12/7/2016 - The third edition of the SPE Heavy Oil Conference and Exhibition taking place at the Hilton Kuwait Resort welcomed 781 delegates from 128 companies and 28 countries on its opening day. The three-day c...
Middle East Oil Demand - August 2016
Middle East Oil Demand - August 2016 8/17/2016 - In June 2016, total oil demand in Saudi Arabia stands at 2.76 mb/d, with oil demand contracting by around 0.22 mb/d, or around 8% y-o-y, primarily as consumption for direct crude for burning declined....
Middle East Oil Demand - July 2016
Middle East Oil Demand - July 2016 8/8/2016 - In Saudi Arabia, oil demand figures declined for the second consecutive month in May 2016. Oil requirements decreased by around 0.18 mb/d, or more than 6%, compared with the same month in 2015. All pr...
Kuwait Energy Signs Block 9 Export Oil Sales Agreement in Iraq
4/10/2016 - Kuwait Energy plc, is pleased to announce the signing of Block 9 Export Oil Sales Agreement. The Export Oil Sales Agreement, signed between a consortium led by Kuwait Energy plc and the State Oil Mark...
Kuwait will Commit to Oil Freeze Only if Others Do So
3/8/2016 - Kuwait will commit to a potential global oil production freeze if major oil producers, including Iran, also agree to join the pact, acting oil minister Anas Al-Saleh said yesterday. OPEC leader Saudi ...
Middle East Oil Demand in March 2015
Middle East Oil Demand in March 2015 3/17/2015 - In 2015, Middle East oil consumption is expected to continue growing at a steady pace, increasing by 0.28 mb/d from 2014 levels. Most of this growth is expected to come from Saudi Arabia with a foreca...

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