Saudi Arabia and Kuwait have announced a new oil discovery in their shared Partitioned Zone, marking the first such find ...

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ADNOC Drilling will acquire a 70% stake in oil services firm SLB's onshore rig business in Oman and Kuwait for up to $112 ...

KUWAIT, 9th May, 2025 (WAM) -- The price of Kuwaiti crude oil fell by US$1.48 during Thursday’s trading, settling at US$62.57 per barrel, compared to US$64.05 the previous day, Kuwait Petroleum ...

KUWAIT -- The price of Kuwaiti oil went up by 70 cents to USD 65.36 per barrel on Tuesday as opposed to USD 64.66 per barrel the day before, said the Kuwait Petroleum Corporation (KPC) on Wednesday.

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Shell, Chevron, Exxon, TotalEnergies, and others have looked into acquiring the oil company. A takeover of BP might be difficult. BP has struggled in recent years. The British oil giant has ...

KUWAIT, May 14 (KUNA) -- The price of Kuwaiti oil went up by USD 1.16 to USD 65.69 per barrel on Tuesday as opposed to USD 64.53 pb last Friday, said the Kuwait Petroleum Corporation (KPC) on ...

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State-owned Gabon Oil Company financed $220 million of a $300 million deal for Tullow Oil Plc’s assets in the country through an underwritten prepayment facility from Gunvor’s Middle East ...

Once the deals are completed, the company will produce 120,000 barrels a day of crude oil and no gas. The slower decline in production rates in the oilsands will contribute to an extension of the ...

KUWAIT CITY - Kuwait Chamber of Commerce and Industry (KCCI) received a delegation from the Republic of Maldives, led by the Minister of Foreign Affairs Dr. Abdulla Khalil on Tuesday, May 13 in the ...