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Kuwait is committed to reducing greenhouse gas emissions and achieving carbon neutrality by 2050. The plan integrates an increase in liquefied natural gas (LNG) imports, an extensive carbon capture project, and the development of electric vehicle infrastructure.
Kuwait is committed to reducing greenhouse gas emissions and achieving carbon neutrality by 2050. The plan integrates an increase in liquefied natural gas (LNG) imports, an extensive carbon capture project, and the development of electric vehicle infrastructure.
China's lower export quotas for LSFO led to an increase in imports from Singapore, stabilizing the Asian market despite increased supply from the West.
China's lower export quotas for LSFO led to an increase in imports from Singapore, stabilizing the Asian market despite increased supply from the West.
Under pressure from falling prices, OPEC+ decided to extend the production cut by 2.2 million barrels per day until December 2024 to maintain market balance.
Under pressure from falling prices, OPEC+ decided to extend the production cut by 2.2 million barrels per day until December 2024 to maintain market balance.
Saudi Arabia adjusts its official crude oil sales prices for Asia in October, due to a lower Dubai benchmark and reduced refining margins in China.
Saudi Arabia adjusts its official crude oil sales prices for Asia in October, due to a lower Dubai benchmark and reduced refining margins in China.
Kuwait Petroleum Corporation and QatarEnergy sign a second contract for the delivery of 3 million tonnes of LNG per year, in response to Kuwait's growing energy demand.
Kuwait Petroleum Corporation and QatarEnergy sign a second contract for the delivery of 3 million tonnes of LNG per year, in response to Kuwait's growing energy demand.
Qatar Energy and Kuwait are negotiating a 15-year contract to boost Kuwait's supply of liquefied natural gas, in response to growing energy demand.
Qatar Energy and Kuwait are negotiating a 15-year contract to boost Kuwait's supply of liquefied natural gas, in response to growing energy demand.
Qatar Energy and Kuwait are negotiating a 15-year contract to boost Kuwait's supply of liquefied natural gas, in response to growing energy demand.
Qatar Energy and Kuwait are negotiating a 15-year contract to boost Kuwait's supply of liquefied natural gas, in response to growing energy demand.
Global oil reserves remain stable at 1,536 billion barrels, posing a challenge in the face of growing demand without rapid electrification of transport.
Global oil reserves remain stable at 1,536 billion barrels, posing a challenge in the face of growing demand without rapid electrification of transport.
KBR has been chosen by Kuwait Oil Company to develop a national master plan aimed at producing 17GW of renewable energy and 25GW of green hydrogen by 2050.
KBR has been chosen by Kuwait Oil Company to develop a national master plan aimed at producing 17GW of renewable energy and 25GW of green hydrogen by 2050.

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