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.
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.
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.
