Energy, Oil & Gas

Kuwait to increase oil production to 2 million bpd

Kuwait Petroleum Corporation (KPC) plans to raise the country's oil production to two million barrels per day (bpd) within a week, amid the reopening of the Strait of Hormuz under a US-Iran peace agreement, said KPC's Deputy Chairman and CEO Sheikh Nawaf Saud Al-Sabah....

Energy, Oil & Gas

Kuwait Petroleum Corporation cuts oil output, refinery throughput

Considering the ongoing aggression by Iran against Kuwait, including threats against the safe passage of ships through the Strait of Hormuz, Kuwait Petroleum Corporation (KPC) has implemented a precautionary reduction in crude oil production and refining throughput....

Energy, Oil & Gas

Oil production begins at Egypt’s Belayim Marine 133

Egypt’s Ministry of Petroleum announced the start of crude production from the Belayim Marine 133 well in the Gulf of Suez, initially producing about 1,500 barrels per day, marking the first result of Eni’s new investment programme. ...