Oil-rich Kuwait temporarily cut electricity in some industrial and agricultural areas on Wednesday as demand for power surged ...

The National Iranian Oil Company (NIOC) was established in 1948 and is owned by the government of Iran. It is a member of OPEC. Headquartered in Tehran, Iran, NIOC was first called the Anglo Persian ...

Kuwait crude oil edged 58 cents higher during Tuesday's trading sessions to reach US$67.59 per barrel compared with US$67.01 pb the day before, Kuwait Petroleum Corporation (KPC) said Wednesday.Brent ...

KUWAIT CITY, March 12: The profits of local oil companies affiliated with Kuwait Petroleum Corporation (KPC) will remarkably improve in the 2025/2026 budget, in contrast to the current fiscal year ...

Kuwait Petroleum Corporation said on Saturday. In international markets, the Brent crude forwards dropped by USD 4.56 to settle at USD 65.58 pb, while those of the West Texas Intermediate crude edged ...

The country cannot have a “sustainable future” if oil remains the dominant revenue stream, Kuwait Petroleum Corporation’s chief executive Sheikh Nawaf S Al-Sabah, a member of the royal ...

reported Kuwait Petroleum Corporation (KPC). In global markets, Brent futures increased by USD 1.07 to USD 69.88 pb, as West Texas crude dropped by USD 1.13 to reach USD 66.55 a barrel.