KUFPEC divests Yme oil field in Norway
Kuwait Foreign Petroleum Exploration Company (KUFPEC) said Thursday its subsidiary (KUFPEC Norway AS) has divested its 10 percent equity in the Yme field by selling its 10 percent working interest
Kuwait Foreign Petroleum Exploration Company (KUFPEC) said Thursday its subsidiary (KUFPEC Norway AS) has divested its 10 percent equity in the Yme field by selling its 10 percent working interest
– Kuwaiti crude oil rose by USD 1.57 during Wednesday’s trading sessions to close at USD 83.05 per barrel, compared with USD 81.48 pb the day before, Kuwait Petroleum Corporation
Kuwait’s Burgan Bank on Wednesday announced a net profit of KD 52.13 million (about USD 157.9 million) for the financial year ended on December 31, 2022, compared with KD
Years after being closed due to the impact of the COVID-19 pandemic, the youth initiative exhibition returned to the scene with some 400 small to medium business owners partaking in
Kuwait’s trade surplus with Japan jumped 27.7 percent from a year earlier to JPY 84.8 billion (USD 663 million) in December, up for the 21st consecutive month, as exports
The US dollar stabilized on Thursday at KD 0.305, as well as the Euro at KD 0.329, compared to Wednesday’s rates.The Central Bank of Kuwait (CBK) said in its
KUWAIT, Kuwaiti oil price rose by 79 cents to USD 84.72 in Tuesday’s trading sessions, compared to USD 83.93 pb Monday, Kuwait Petroleum Corporation (KPC) said Wednesday.Brent crude oil futures
VIENNA, The price of OPEC crude basket fell to USD 79.68 a barrel last December, a decrease of USD 10.05, equivalent to 11.2 percent, said OPEC on Tuesday.In its monthly
KUWAIT, Kuwaiti oil price rose by 76 cents to USD 83.93 pb in Monday’s trading sessions, compared to USD 83.17 pb Friday, Kuwait Petroleum Corporation (KPC) said Tuesday.Brent crude oil
WASHINGTON, US President Joe Biden renewed his country’s commitment Tuesday to support the United Arab Emirates, marking the first anniversary of a terrorist attack carried out from Yemen on the
– The US dollar stabilized on Monday at KD 0.305, while the Euro went up by 0.26 percent to reach KD 0.331, compared to Sunday’s rates.The Central Bank of Kuwait
The Independent Petroleum Group (IPG) announced Thursday that it achieved net profits worth KD 7.6 million (some USD 23 million) in the fiscal year ending on December 31, 2022.The company
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