Sheikh Nawaf al-Sabah, CEO of Kuwait Petroleum Corp., revealed that the country plans to ramp up crude production from ~2.4 million barrels of crude per day currently to over 4 mb/d by 2035.

According to Ahmed Jaber al-Aydan, the CEO of the Kuwait Oil Company (KOC), the country’s oil production currently stands at above 2.8 million bpd and is expected to reach 3 million bpd by 2025.

KUWAIT CITY, July 1: Nasser Al-Buhairi, Director of the Health, Safety, and Environment Department at Kuwait Oil Company (KOC), underscored the critical need for comprehensive security preparedness ...

The Kuwait Oil Company declared a "state of emergency" Monday over an oil spill on land, in an incident decried by environmental activists as a "recurring problem" in the energy-rich Gulf state.The ...

Kuwait’s oil revenues for the fiscal year 2022-2023 — which ends on 31 March — are expected to exceed 25 billion dinars ($81.9 billion) for the first time in several years after reaching 20 ...

Kuwait’s plan to merge some of its eight state-owned oil companies is ready to go ahead, according to reports in the country. Kuwait Petroleum Corporation (KPC), which manages the country’s ...

KPC subsidiary Kuwait Oil Company's CEO Ahmed Jaber Al-Eidan said on Monday Kuwait's production capacity was currently at 2.9 million bpd and would reach 3.2 million bpd by 2025 or 2026.

Kuwait Oil Company (KOC) and Shell signed an Enhanced Technical Service Agreement to support to the development of the Jurassic gas fields in February 2010. Under the contract, Shell is providing ...

Kuwait Oil Company has signed contracts worth $1.73 billion linked to rehabilitating the soil of oilfields damaged during Iraq's invasion of Kuwait, according to a document seen by Reuters.

It plans to raise nearly 1.12 billion dinars from leasing the pipelines of subsidiary Kuwait Oil Company (KOC) and selling a 50% stake in a petrochemical complex.

Kuwait, which sits on about 10 percent of global reserves, aimed to produce 50,000 bpd of heavy oil by 2011 and 250,000 bpd by 2015 as part of plans to boost its total oil output to 4 million bpd ...

The Italian branch of Kuwait Petroleum International (KPI), Q8,said on Saturday that it would buy a 50% stake in Italian biodiesel producer, EcoFox, as part of efforts to reduce its fossil-fuel ...