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HomeKuwait

Kuwait

OPEC+
Crude Oil News

Several OPEC+ countries extend output cuts through Q2, as Russia announces new reductions

March 4, 2024 Mariel Alumit

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
Crude Oil News

Kuwait Petroleum Corporation fixes oil price at $70 for 2024/2025 fiscal year

January 15, 2024 Mariel Alumit

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 […]

Killer mines in Kuwait
Geopolitical

Killer mines in Kuwait keep Gulf War alive and deadly

November 28, 2023 Mariel Alumit

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 […]

Natural Gas
Exploration and Production

20 Countries With The Largest Natural Gas Reserves in 2023

November 16, 2023 Mariel Alumit

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 […]

Kuwait
Crude Oil News

Kuwait’s oil exports shift from crude oil to petroleum products

September 26, 2023 Mariel Alumit

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 […]

Price
EIA News

Kuwait’s oil exports shift from crude oil to petroleum products

September 26, 2023 Mariel Alumit

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 […]

China
BRICS

China’s Influence In Oil Markets Grows With BRICS Expansion

September 6, 2023 Mariel Alumit

Piece by piece, China continues to build alternatives to each of the key building blocks of the West’s world order, including – crucially – a new global oil market order, as analysed in full in my […]

Hormuz
Crude Oil News

West Warns on Strait of Hormuz Shipping Risk

August 15, 2023 Mariel Alumit

Western nations warned the shipping industry at the weekend of increased risks to vessels transiting the Strait of Hormuz in the Middle East. “As of now, the timeline remains at 72 hours” from Saturday, maritime […]

Kuwait
Crude Oil News

COP 27: Kuwait pledges carbon neutrality in oil and gas by 2050

November 9, 2022 Mariel Alumit

Kuwait has announced an official commitment to becoming carbon neutral in the oil and gas sector by 2050, Foreign Minister, Salem Al-Sabah told state news agency, KUNA, on Monday on the sidelines of COP27 climate summit […]

oil and gas
Energy Policy

Daily on Energy: With midterms looming, White House adviser touts oil and gas lease sales

October 17, 2022 Mariel Alumit

BERNSTEIN TOUTS OIL AND GAS LEASE SALES: The White House is using new oil and gas leasing mandates in Democrats’ Inflation Reduction Act to shield President Joe Biden and the party from accusations that their energy policy is […]

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