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OPEC has appointed Kuwait’s oil veteran Haitham al-Ghais as its new Secretary general, as the bloc and its allies are hoping that a volatile oil market will be tamed enough to allow a return to pre-pandemic production levels. Ghais, forme Read more
Kuwait and China signed Monday in Beijing several agreements and Memorandum of Understandings aimed at boosting ties. The deals were signed in the presence of the Kuwaiti ruler Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah, who is on a state visit to Read more
The 8th edition of the Kuwait Energy and Infrastructure Projects Conference began with more than 200 local and international delegates and experts from 30 different countries. During this four-day conference, discussions will be centered on Kuwait’s 2030 Oil & Gas Read more
The fiscal year of 2011 has ended at a record high for the Kuwait petroleum Corporation (KPC) with all the challenges that the world’s economy is facing. It achieved a profit on one billion dinars ($3.58 billion) during the 2011 Read more