Kuwait Petroleum Newswire (Page 4)

Kuwait Petroleum Newswire (Page 4)

Comprehensive Real-Time News Feed for Kuwait Petroleum. (Page 4)

Results 61 - 80 of 88 in Kuwait Petroleum

  1. UPDATE 1-Agility eyes opportunities from privatisation of Kuwait airport, portsRead the original story w/Photo

    Mar 16, 2016 | Reuters

    KUWAIT, March 16 Kuwait's Agility, the Gulf's largest logistics company, will be interested in bidding for the management of Kuwait's airport and ports if plans to privatise them go ahead, the chief executive Tarek Sultan said on Wednesday. Kuwait's Finance Minister Anas al-Saleh said on Monday that the government would seek to privatise assets including airports, ports and some facilities of national oil giant Kuwait Petroleum Corp. The government is looking at ways to free up state finances and reform the economy in order to help narrow a budget deficit caused by low oil prices.

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  2. Kuwait introduces economic reforms: corporate profits taxed, commodities to be 'repriced'Read the original story w/Photo

    Mar 15, 2016 | Al Bawaba

    Other measures being undertaken include the privatisation of state-owned assets including airports, ports and some facilities of Kuwait Petroleum Corp. Kuwait's cabinet has approved the introduction of a 10 per cent tax on corporate profits and other economic reforms to lower its forecast $40.7bn budget deficit. In a news conference yesterday, finance minister Anas al-Saleh did not say when the tax would be imposed, according to Reuters .

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  3. Kuwait to develop Pakistan oil fields - KPCRead the original story w/Photo

    Mar 6, 2016 | The Peninsula

    DUBAI: State-run Kuwait Petroleum Corporation said on Sunday that its international arm has signed a memorandum of understanding to develop oil fields in Pakistan. The signing by Kuwait Foreign Petroleum Exploration Company took place in Kuwait during a visit by Pakistan's oil minister Shahid Abbasi to the Gulf Arab state, KPC said in a statement.

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  4. Kuwait refines oil pricing in battle for European customersRead the original story w/Photo

    Mar 4, 2016 | Reuters

    ... source familiar with the development said. Trading sources said that from late last year the state-run Kuwait Petroleum Corporation (KPC) began pricing its European exports against the dated Brent benchmark after years of following OPEC's ...

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  5. No relief seen for oilRead the original story w/Photo

    Feb 12, 2016 | Iol.co.za

    ... them offshore. If it's hard times for the industry, that wasn't obvious from the cocktail party circuit. Kuwait Petroleum Corp. welcomed guests to ballroom of the Four Seasons hotel in London's exclusive Mayfair district with hospitality as if ...

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  6. UAE-aided Mangaluru strategic oil storage to be ready soonRead the original story

    Feb 10, 2016 | Newkerala.com

    ... after taking charge of the petroleum ministry in 2014, Pradhan had informed parliament that ADNOC and Kuwait Petroleum Corp had shown interest in hiring a part of India's strategic oil storage. The storages at Visakhapatnam, Mangaluru and Padur will ...

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  7. UAE plans to store crude in Indian cavernsRead the original story

    Feb 10, 2016 | Mydigitalfc.com

    ... reserve. Once the mechanism of this storage is worked out, Saudi Arabia's national oil company Aramco and Kuwait Petroleum Corporation (KPC) could be roped in to use Indian facilities for a portion of its crude production. Sources said that Iranian ...

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  8. Warnings of Worse Ahead Overshadow Oil's Big Week in LondonRead the original story

    Feb 10, 2016 | The Washington Post

    ... their policy of letting prices fall in order to squeeze rival suppliers. At the first big IP Week party, Kuwait Petroleum Corp. welcomed guests with hospitality that was no less generous than in 2014. Beneath the chandeliers of a ballroom at the ...

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  9. Warnings of Worse to Come Loom Over Oil's Big Week in LondonRead the original story

    Feb 9, 2016 | The Washington Post

    ... their policy of letting prices fall in order to squeeze rival suppliers. At the first big IP Week party, Kuwait Petroleum Corp. welcomed guests with hospitality that was no less generous than in 2014. Beneath the chandeliers of a ballroom at the ...

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  10. Kuwait's KPC to sell loss-making assets to cut costs -KUNARead the original story w/Photo

    Feb 9, 2016 | Reuters

    Feb 9 State-run Kuwait Petroleum Corp plans to sell loss-making assets to cut costs as low oil prices pressure its finances, state news agency KUNA reported on Tuesday. Nizar al-Adsani, chief executive of KPC, was quoted as saying the company had started efforts to sell its Europoort refinery in the Netherlands and had decided to shut a fertiliser plant of Kuwaiti unit Petrochemical Industries Co.

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  11. Oil Jumps on Hope for Deal to Tackle GlutRead the original story w/Photo

    Jan 26, 2016 | Fox News

    ... of prices staying low for longer is not deterring Kuwait from investing in energy projects, the head of Kuwait Petroleum Corp said on Tuesday, echoing similar comments from the chairman of Saudi Arabia's state oil company. Iraq might boost output ...

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  12. Oil rises further above $30 on hopes of deal to tackle glutRead the original story w/Photo

    Jan 26, 2016 | The Peninsula

    ... prices staying low for a longer time is not deterring Kuwait from investing in energy projects, the head of Kuwait Petroleum Corp said on Tuesday, echoing similar comments from the chairman of Saudi Arabia's state oil company. Iraq may further boost ...

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  13. Lukoil says Russian Federation needs to work with OPEC to limit oil supplyRead the original story w/Photo

    Jan 26, 2016 | The Echo

    ... staying low for a longer time was not deterring Kuwait from investing in energy projects, the head of Kuwait Petroleum Corp said on Tuesday, echoing similar comments from the chairman of Saudi Arabia's state oil company. With that in mind, the ...

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  14. Oil falls to $30 on oversupply, China growth concernRead the original story w/Photo

    Jan 26, 2016 | The Globe and Mail

    ... prices staying low for a longer time is not deterring Kuwait from investing in energy projects, the head of Kuwait Petroleum Corp said on Tuesday, echoing similar comments from the chairman of Saudi Arabia's state oil company. Iraq may further boost ...

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  15. UPDATE 7-Oil rises further above $30 on hopes of deal to tackle glutRead the original story w/Photo

    Sep 15, 2015 | Reuters

    ... prices staying low for a longer time is not deterring Kuwait from investing in energy projects, the head of Kuwait Petroleum Corp said on Tuesday, echoing similar comments from the chairman of Saudi Arabia's state oil company. Iraq may further boost ...

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  16. Hissah Al Sabah: An Enterprising Kuwaiti PrincessRead the original story w/Photo

    Jan 24, 2016 | The Huffington Post

    ... it when she headed R&D of medical services at a military hospital. Her sister was head of marketing at the Kuwait Petroleum Corporation . The multilingual cosmopolitan princess switches easily from Kuwaiti, to Egyptian and Lebanese dialects of ...

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  17. Kuwait to buy 25 pct stake in South Korea-Saudi ventureRead the original story w/Photo

    Jan 19, 2016 | Reuters

    Jan 19 Kuwait's Petrochemicals Industries Co has agreed to buy a 25 percent equity stake in a venture owned by South Korea's SK Gas Co Ltd and Saudi Advanced Petrochemical Co, shareholders of the three firms said. PIC, a subsidiary of state oil giant Kuwait Petroleum Corp, will invest in SK Advanced, which is building a 600,000 tonnes per year propane dehydrogenation project in South Korea.

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  18. KPC also plans to open an office in Egypt to market its products.Read the original story w/Photo

    Jan 5, 2016 | Al Bawaba

    Kuwait Petroleum Corporation will supply Egypt with about 3m barrels of crude oil per month, as well as solar and jet fuel supplies worth $1.2bn annually. A high-profile official in petroleum sector told Daily News Egypt that Kuwait supplies Egypt with 2m barrels of crude oil per month with full payment to occur within a nine month period.

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  19. Fire Directorate & EQUATE launch Stay Safe Desert CampaignRead the original story w/Photo

    Jan 2, 2016 | Al Bawaba

    ... years, EQUATE has received local and international recognition for its role in safety fields, such as the Kuwait Petroleum Corporation (KPC) CEO Award and the awards of the American Society of Safety Engineers (ASSE) in several sectors. Established ...

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  20. O U Usu...O O3O3O O U O U...O O O Oa OaU O U...O U Uso O O O1U...U ...Read the original story w/Photo

    Dec 16, 2015 | Al Bawaba

    ... the Abu Dhabi National Oil Company (ADNOC) and its group of companies, the Basrah Gas Company (BGC), the Kuwait Petroleum Corporation (KPC), Petroleum Development Oman (PDO), Oman LNG, Oman Oil, the Saudi Arabia Petrochemical Company (Sadaf) and the ...

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