Big Wind on the ground in Kuwait, extinguishing a burning oil well. Credit: Getty Images Decades later, in 1991, oil company MB Drilling was putting the finishing touches on an advanced version ...

The Kuwaiti crude oil price fell US$2.02 during Thursday's trading to hit US$77.42 per barrel (pb), compared with US$79.44 pb the day before, Kuwait Petroleum Corporation (KPC) said Friday.Brent ...

Kuwait’s oil production capacity now exceeds 3 million barrels per day (bpd), Kuwait Petroleum Corporation (KPC) CEO Sheikh Nawaf Saud al-Sabah said on Tuesday. The country’s oil production ...

Kuwait crude oil lost 33 cents during Monday's trading to reach US$81.47 per barrel compared with US$81.80 last Friday, Kuwait Petroleum Corporation (KPC) said Tuesday.Brent futures dropped $1.42 to ...

Meanwhile Iraqi forces also blew up hundreds of oil wells, burning through as many as one billion barrels as fires blazed throughout the year. Photojournalist Steve McCurry was in Kuwait in 1991.

DUBAI, Jan 20 (Reuters) - Kuwait Oil Company said it has made a discovery "of large commercial volumes of hydrocarbons" at Al-Jlaiaa offshore field estimated at 800 million of medium-density oil ...

Kuwait Petroleum Corp.’s oil trading unit appointed company veteran Abdullatif Almukhaizeem as chief executive officer, taking the division closer to starting operations just as a clutch of Gulf ...