Kuwait aims to elevate its oil production capacity from 2.7 million to 3.15 million bpd within four years. Along with this, the country plans to boost its natural gas production by a significant 79%.
Kuwait halts oil exports for the first time since the Gulf War. US blockade of the Strait of Hormuz lifted by May 31 at 27.5% ...
Kuwait halts oil exports due to the Strait of Hormuz blockade. WTI Crude Oil at $160 in April 2026 priced at 55% YES.
Kuwait's new government aims to support the development of the energy industry while facing calls for economic diversification to lessen dependence on oil revenues. After suffering a significant ...
Kuwait is a major OPEC producer and a key component of global energy supply chains, exporting primarily to Asia and Europe.
Investing.com — Kuwait has confirmed reports that it reduced oil and refinery production on Saturday, citing disruptions linked to declining shipping activity through the Strait of Hormuz. OPEC’s ...
Kuwait’s oil sector came under a fresh barrage of attacks overnight and into Sunday as drone strikes sparked fires at ...
Middle East petro-state Kuwait is poised to significantly boost its oil revenues to more than $81.9 billion this financial year, led by robust oil prices. Oil revenues for the fiscal year 2022-2023 — ...
Kuwait declared a further force majeure on shipments of crude oil and refined products, taking into account that it would not ...
KUWAIT CITY, April 19: In a message from senior officials in the oil sector to employees of the Kuwait Petroleum Corporation (KPC) and its subsidiaries, Chief Executive Officer of KPC Sheikh Nawaf ...
Kuwait exported no crude oil in April 2026, marking the first such stoppage since the aftermath of the Gulf War, according to ...