In response to Donald Trump’s statements regarding pressure on OPEC-plus to reduce oil prices and the potential impact on the ...

Kuwait Oil Company (KOC) is expected to announce the results of drilling and exploration operations in Jazza offshore field ...

The government significantly subsidizes fuel as part of its broader social welfare initiatives, ensuring artificially low ...

Kuwait Financial Centre “Markaz” released its Monthly Market Review report for January 2025. Kuwait equities outperformed ...

Kuwait: Kuwait Oil Company (KOC) today announced a major hydrocarbon discovery at Al-Jlaiaa offshore field within Kuwaiti territorial waters. According to a company statement from the Kuwait News ...

OPEC decided ... to stick with its plan - to lift production by 120,000 barrels per day every month for 18 months starting ...

Iraqi Ministry of Oil announced that it has managed to control the massive fire that broke out in an oil field in the south ...

With a population of around 4.45 million as of 2022, Kuwait is a Western Asian country near the Persian Gulf. It is an oil-rich nation with beautiful cityscapes, scorching heat, and significant ...

Globally, the average price of gasoline around the world is 1.25 U.S. Dollars (1941.46 Naira) per litre, with a substantial ...

State-run Kuwait Oil Company (KOC) has discovered large commercial volumes of hydrocarbons at the Al-Jlaiaa offshore field, and expects more discoveries in the area. The estimated reserves within ...

Military reserve forces in the Middle East make up an important component of any army within the region. These units provide additional manpower and capabilities to regular military forces, should the ...

The Organisation of Petroleum Exporting Countries (Opec) was founded in Baghdad, Iraq, on September 14, 1960. Its founding member countries are ...