Kuwait
Kuwait to export first oil shipment from Neutral Zone with Saudi ِArabia

The Kuwaiti Ministry of Oil announced on Sunday 5 April 2020 that it had exported the first shipment of oil from the Khafji field outside the country, through joint operations in the neutral zone...

Read more
Pressures on the Revenues of the GCC Countries Due to the Collapse of Oil Prices

Experts of Fitch International credit rating agency said on Monday 9 March 2020 that the collapse of oil prices will put pressure on the financial returns of the Gulf Cooperation Council countries,...

Read more
KOTC Takes Delivery of Massive Gas Tanker

On Tuesday, 10th of March 2020, the Kuwait Oil Tanker Company (KOTC) received the huge LNG carrier “Umm Al-Ruwaisat” as part of a comprehensive overhaul of the company’s fleet, according to...

Read more
Chevron expects to restore production of the neutral zone between Kuwait and Saudi Arabia within 12 months

After four and a half years, the Wafra oil field is set to resume production soon. Ed Colina, Chevron Operations Advisor, speaking at a technical session at the International Petroleum Technology...

Read more
OPEC and Russia deepen oil output cuts

Sources told Reuters that OPEC and its allies led by Russia are close to the agreement to reduce oil supplies for next year, to support crude prices and prevent the abundance of oil. The Organization...

Read more
Saudi Arabia and Kuwait agree to restore shared Oil Production in Neutral Zone

Kuwait and Saudi Arabia agree to stop the political dispute related to oil production from the fields of the Neutral Zone, which lasted for five years, and the agreements paved for the resumption of...

Read more
GPIC wins The Gold Medal in France

28.11.2019 Gulf Petrochemical Industries Company (GPIC) wins a gold medal in the field of industrial excellence from the International Fertilizer Association (IFA) in November during the...

Read more
National holidays of Kuwait

On the occasion of the national holidays of the State of Kuwait (25 and 26 February 2019), the family of “Oil and Gas World Magazine OGWM” offer their warmest congratulations to the State and...

Read more
Hashem Hashim appointed as CEO of Kuwait Petroleum Corporation

A decree was issued on December 18, 2018 appointing Hashim Hashim as Chief Executive Officer of KPC and Vice Chairman. The corporation is the executive arm of the state oil sector in Kuwait. The...

Read more
Kuwait to conduct ministerial amendment includings the entry of four new ministers, including “Khalid al-Fadhel” for oil

Kuwait has conducted an amendment to the cabinet four days ago, including four new cabinet ministers, including Khalid al-Fadhil, who was appointed as minister of oil, electricity and water. He...

Read more