The eight OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria, and Oman met virtually on March 3, 2025, […]
Greece’s DESFA, the terminal’s operation and maintenance contractor, revealed the milestone in a social media post on Wednesday. KIPIC’s Al Zour LNG terminal achieved the “safe and successful discharge of the 300th vessel, representing an […]
QatarEnergy’s CEO, Saad Sherida al-Kaabi, and KPC’s CEO, Sheikh Nawaf al-Sabah, signed the SPA during a ceremony in Kuwait on Monday. The new SPA includes the delivery of up to three million tons per annum […]
Daily Standup Top Stories U.S. Northeast Gasoline Reserve Could Be Sold Off March 4, 2024 Mariel Alumit The U.S. could sell off its 1-million-barrel Northeast Gasoline Supply Reserve in the fiscal year of 2024, a funding […]
OPEC and its allies will maintain their tight grip on oil supply, with several members on March 3 announcing extensions of their voluntary production cuts that had been scheduled to expire at the end of […]
Kuwait Petroleum Corporation (KPC) has announced the setting of the indicative price for Kuwaiti oil at $70 per barrel for the fiscal year 2024/2025, commencing this April. This key financial indicator was reported by Al-Anba […]
Kuwait City, Kuwait – The Israeli military has said that it has planted landmines along parts of the Gaza-Israel fence to prevent further infiltrations of the Palestinian armed group Hamas following its attack on southern […]
In this piece, we will take a look at the 20 countries with the largest natural gas reserves in 2023. If you want to skip our overview of the natural gas industry, then take a […]
Data source: Kpler tanker tracking data (accessed August 2023) Kuwait’s oil exports are shifting from crude oil to refined petroleum products following the addition of new refining capacity, according to data in our recently updated Country Analysis […]
September 26, 2023 Data source: Kpler tanker tracking data (accessed August 2023) Kuwait‘s oil exports are shifting from crude oil to refined petroleum products following the addition of new refining capacity, according to data in […]
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