Kuwait

Saudi Aramco’s purchase of 70% of Sabic from PIF bolsters its strategy of downstream diversification as Gulf NOCs eye revolutionary petchems processes.

The IEA’s ‘Oil 2019’ medium term outlook to 2024 provides galling reading for Kuwait. The emirate’s oil sector is...

Commissioning of Kuwait’s clean fuels projects across its two refineries is gathering momentum. MEES looks into the likely products balance after start-up.

In a quietly released earnings update late last month, Bahrain-headquartered firm Kuwait Energy (KEC) confirmed that its $651mn takeover...

Kuwait has extended its lease of the 725mn cfd Golar Igloo FSRU for 2019 to continue LNG imports, US...

With its short-term strategy lying in tatters, Bloomberg reported this week that Kuwait is now reassessing its $500bn investment...

Kuwait’s oil sector is falling further behind its peers with its 2020 upstream strategy in tatters. Political activism has long obstructed oil and gas development.

Kuwait’s state-owned Kuwait Petroleum Corporation (KPC) is looking to expand its domestic petrochemicals operations further, despite the virtual certainty...

Kuwait’s economic fortunes remain tied to oil prices with fundamental reforms needed to boost the private sector.

2018-19 will see the first surplus since 2013 thanks to higher prices and a chronic inability to advance infrastructure. It’s a return to ‘deficits as usual’ for 2019-20.