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Kuwait imposes power cuts due to record consumption caused by an exceptional heat wave.
Kuwait imposes power cuts due to record consumption caused by an exceptional heat wave.
Igor Sechin, CEO of Rosneft, criticizes the increase in oil production capacity, saying it could destabilize the market despite OPEC+'s reduction efforts.
Igor Sechin, CEO of Rosneft, criticizes the increase in oil production capacity, saying it could destabilize the market despite OPEC+'s reduction efforts.
Saudi Aramco's cancellation of its oil production capacity expansion is impacting rig rental rates in the region.
Saudi Aramco's cancellation of its oil production capacity expansion is impacting rig rental rates in the region.
Kuwait inaugurates the Al-Zor refinery, increasing its refining capacity to 1.8 million barrels per day.
Kuwait inaugurates the Al-Zor refinery, increasing its refining capacity to 1.8 million barrels per day.
Kuwait Oil has awarded six drilling contracts to ADES Holding, to compensate for the decline in its old oil fields and expand its production capacity.
Kuwait Oil has awarded six drilling contracts to ADES Holding, to compensate for the decline in its old oil fields and expand its production capacity.
The dissolution of Kuwait's parliament and the suspension of certain constitutional articles by Emir Sheikh Meshal augur an era of stability and dynamism for the country's energy sector, according to analysts.
The dissolution of Kuwait's parliament and the suspension of certain constitutional articles by Emir Sheikh Meshal augur an era of stability and dynamism for the country's energy sector, according to analysts.
Kuwait Oil Company to deploy 1 GW of solar power, in collaboration with the Ministry of Electricity, to diversify the country's energy sources and reduce emissions
Kuwait Oil Company to deploy 1 GW of solar power, in collaboration with the Ministry of Electricity, to diversify the country's energy sources and reduce emissions
Iraq has signed an agreement with the United States to increase its electrical capacity by 3,000 MW, with the aim of stabilizing its energy network.
Iraq has signed an agreement with the United States to increase its electrical capacity by 3,000 MW, with the aim of stabilizing its energy network.
OPEC+ countries with overproduction in the first quarter of 2024 must submit their compensation plans by April 30, a move designed to stabilize the market.
OPEC+ countries with overproduction in the first quarter of 2024 must submit their compensation plans by April 30, a move designed to stabilize the market.

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