Kuwait has discovered a significant amount of oil and gas in the Al-Noukhitha offshore field, estimated at around 3.2 billion barrels of oil equivalent. The discovery includes 2.1 billion barrels of ...

Kuwait Petroleum Corporation CEO Al-Sabah: Global oil demand looks robust. Al-Sabah: U.S. shale production has helped meet part of the recent growth in world oil consumption. As part of the voluntary ...

State-owned Kuwait Oil Company has declared what it calls a state of emergency following an onshore oil spill incident in the country’s western region. A brief statement issued by Kuwait Oil in a ...

Kuwait and Saudi Arabia have put more than five years of differences behind them by signing a new deal for an oil-rich area known as the Neutral Zone that both have territorial claims to. On December ...

Kuwait, a key member within the Organization of Petroleum Exporting Countries, is currently producing about 2.7 million barrels per day — YASSER AL-ZAYYAT The Kuwait Oil Company declared a "state of ...

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This is a locator map for the Gulf Cooperation Council member states: Saudi Arabia, Bahrain, Qatar, Oman, Kuwait and United Arab Emirates. (AP Photo) DUBAI, United Arab Emirates (AP) — Flights to the ...

TOKYO -- Kuwait's crude oil exports to Japan in November declined 28.1 percent from a year earlier to 3.73 million barrels, or 124,000 barrels per day (bpd), down for the first time in two months, ...

KUWAIT, Oct 22 (Reuters) - Kuwait said on Monday it had reached a preliminary deal with Exxon Mobil Corp to produce heavy oil in the north of the Gulf Arab state and aimed to boost production to ...

DUBAI, United Arab EmiratesDUBAI, United Arab Emirates — When Kuwait emerged from a monthslong coronavirus lockdown, hundreds of Kuwaitis flocked to reopened stores, the lines clogging malls, snaking ...

Kuwait aims to produce 14.5 million tonnes of petrochemicals per year by 2040 as part of a long-term drive to reduce reliance on sales of crude oil, the country’s oil minister has said. The target, ...

Kuwait's oil export dynamics have undergone a transformation, shifting from crude oil to refined petroleum products. The shift is attributed to the expansion of the country’s refining capacity, ...