Kuwait oil product output and exports reached record highs in 2024, driven by the full ramp-up of the 615k b/d al-Zour refinery, Argus reports, citing JODI data. Kuwait’s refinery output, excluding ...

Argentina holds the world’s fourth-largest reserves of shale oil and more shale gas than anywhere except China. Argentines ...

Shell bought Russian liquified natural gas shipments totalling 350,000 tonnes which required an escort from sanctioned ...

The government significantly subsidizes fuel as part of its broader social welfare initiatives, ensuring artificially low ...

With a population of around 4.45 million as of 2022, Kuwait is a Western Asian country near the Persian Gulf. It is an oil-rich nation with beautiful cityscapes, scorching heat, and significant ...

Zour, which remains divided between Syria's new government and a Kurdish-backed militia, is a hostage to competing ambitions.

But it was the oil-rich Middle Eastern nation of Kuwait that took the idea national in 1953, when it created a fund to manage the proceeds of its drilling industry. The basic idea of an SWF is simple.

BlackRock Inc. is exploring plans to open an office in Kuwait, according to people familiar with the matter, marking the asset manager’s latest effort aimed at deepening ties to the oil-rich region.

He pointed out that the Kuwaiti oil sector, led by the Kuwait Petroleum Corporation, is characterized by fixed and solid practical values, adding that the corporation follows clear strategies and is ...