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oil and gas
Kuwaiti fuel cheapest in Gulf region
July 5, 2022
KUWAIT CITY, July 4: According to the Bloomberg news agency, Kuwait ranked first within the Gulf region in terms of cheap fuel prices, based on the......
Continue Reading >Kamco plays key role in Qurain Petrochemical's ATC acquisition deal
July 4, 2022
Kamco Invest, a regional non-banking financial powerhouse, acted as the Partial Purchase Offer Manager to Qurain Petrochemical Industries Company......
Continue Reading >Incentives for oil employees before Eid
July 1, 2022
The CEO of the Kuwait Petroleum Corporation, Sheikh Nawaf Al-Saud, has directed the affiliated companies to disburse the incentive bonus to team......
Continue Reading >Kuwait’s May crude oil exports to Japan up 2.2 Pct
July 1, 2022
KUWAIT: Kuwait’s crude oil exports to Japan in May rose 2.2 percent from a year earlier to 5.55 million barrels, or 179,000 barrels per day......
Continue Reading >Discussions on contract for major oil project to resume
June 29, 2022
KUWAIT CITY, June 28: According to a report issued by the MEED magazine, the Kuwait Oil Company (KOC) requested the Central Agency for Public Tenders......
Continue Reading >Italian energy services giant Saipem inks $1.25bln Middle East contracts
June 29, 2022
Italian energy services contractor Saipem has bagged $1.25 billion worth of onshore and offshore contracts in the Middle East. The awards include......
Continue Reading >Panel approves budget surplus as oil price soars
June 28, 2022
KUWAIT: The National Assembly’s budgets committee approved on Monday the 2022/2023 fiscal budget, projecting a surplus for the first time in......
Continue Reading >KOC unit employees exempted from English language test for promotion
June 27, 2022
KUWAIT CITY, June 26: Employees at the Security and Firefighting Unit in Kuwait Oil Company (KOC) have been exempted from the English language test......
Continue Reading >Kuwait ‘Reserve’ up by 46%
June 27, 2022
KUWAIT CITY, June 26: The liquidity level of the public treasury is finally boosted by the oil revenues, to the extent that the officials of the......
Continue Reading >Surging gas, food prices fan consumers frustration. Did corporate greed fuel inflation?
June 27, 2022
Furious about surging prices at the gasoline station and the supermarket, many consumers feel they know just where to cast blame: On greedy companies......
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