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A service for energy industry professionals · Wednesday, February 5, 2025 · 783,356,233 Articles · 3+ Million Readers
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Kuwait Oil & Gas Newswire

  • Published on 17:54 GMT

    Nigeria pledges to deepen bilateral ties with Kuwait

    The Federal Government has expressed its readiness to deepen bilateral trade ties between Nigeria and Kuwait. The Minister of Foreign Affairs, Amb. Yusuf Tuggar, made this known in Kuwait during a working visit to the country designed to strengthen …

    Source: The Guardian (Nigeria) - Uncategorized
  • Published on 12:09 GMT

    Nigeria’s Foreign Minister Embarks on Historic Working Visit to Kuwait

    Nigeria’s Minister of Foreign Affairs, Ambassador Yusuf M. Tuggar, has arrived in Kuwait for a landmark working visit aimed at strengthening bilateral ties between Nigeria and the Gulf nation. The visit, which runs from 5th to 8th February 2025, marks the …

    Source: News Diary Online - Uncategorized
  • Published on 17:04 GMT

    OPEC+ Damocles Sword Hanging Over Shale Oil Producers

    In a report sent to Rigzone by the Skandinaviska Enskilda Banken AB (SEB) team on Tuesday morning, Bjarne Schieldrop, chief commodities analyst at the company, said “the Damocles Sword of OPEC+” is “hanging over U.S. shale oil producers”. “OPEC+ decided …

    Source: Rigzone - Neutral
  • Published on 12:41 GMT

    IEA: Iraq holds 600,000 bpd in spare oil capacity

    2025-02-05T11:36:04+00:00 font Enable Reading Mode A- A A+ Shafaq News/ Iraq has a spare oil production capacity of 600,000 barrels per day (bpd), the International Energy Agency (IEA) said in a report on Wednesday. According to the report, the total …

    Source: Shafaq News - Uncategorized
  • Published on 08:34 GMT

    KPC: Kuwait crude oil drops $1.53 to $77.88pb

    The Kuwaiti crude oil price dropped USD 1.53 during Tuesday's trading to reach USD 77.88 per barrel (pb), compared with USD 79.41 pb the day before, Kuwait Petroleum Corporation (KPC) said Wednesday. Brent futures rose by 24 cents to hit USD 76.20 pb …

    Source: Zawya - Uncategorized
  • Published on 08:27 GMT

    OPEC and Saudi spare oil production capacity

    LONDON: U.S. President Donald Trump will restore his "maximum pressure" campaign on Iran and drive its oil exports to zero, a U.S. official said on Tuesday. Such a move would reduce crude supply, boosting oil prices and creating the need for …

    Source: Zawya - Uncategorized
  • Published on Feb 4, 2025

    Onshore Oil and Gas Market will Skyrocket by 2032 and Reach Huge Market Size of 1800.0 USD Billion

    As demand for energy continues to grow, onshore oil and gas market remains crucial for energy security, mainly in countries rich in reserves and infrastructure. NY, UNITED STATES, February 4, 2025 /⁨EINPresswire.com⁩/ -- According to the latest …

    Distribution channels: Electronics Industry ...
  • Published on 01:55 GMT

    OPEC and Saudi Arabia spare oil production capacity

    A U.S. official stated on Tuesday that U.S. president Donald Trump would restore his "maximum-pressure" campaign against Iran and bring its oil exports down to zero. This would increase oil prices, and force others to pump even more. Saudi Arabia …

    Source: World Energy News - Connecticut - Label Pending
  • Published on Feb 4, 2025

    OPEC oil output declines in Jan. following Iraq field disruption

    2025-02-04T07:51:16+00:00 font Enable Reading Mode A- A A+ Shafaq News/ Oil production by the Organization of the Petroleum Exporting Countries (OPEC) declined in January following a fire at Iraq’s largest oil field, Bloomberg reported. According to …

    Source: Shafaq News - Uncategorized
  • Published on Feb 4, 2025

    OPEC Monthly Output Down Following Fire at Iraqi Oil Field

    OPEC’s oil production edged lower last month following a fire at Iraq’s biggest oil field, according to a Bloomberg survey. The Organization of Petroleum Exporting Countries pumped an average of just over 27 million barrels a day in January, about 70,000 a …

    Source: Rigzone - Neutral
  • Published on Feb 3, 2025

    Kuwait National Petroleum Company plans to open 20 new stations

    The company aims to reach six millions liters of gasoline sales by 2027 and reach a station network of 100 locations across Kuwait.Kuwait National Petroleum Company (KNPC) has plans to expand its fuel network to boost annual profits and reach six million …

    Source: Petrol Plaza - Neutral
  • Published on Feb 3, 2025

    Oil prices firm in Q4 2024 on OPEC+ cuts

    IEA sees oil demand growth increasing slightly amid improved macroeconomic outlook KUWAIT: Oil prices fell in 2024, weighed down by concerns over the robustness of global oil demand growth amid weak economic activity in China especially and burgeoning non- …

    Source: Kuwait Times - Pro-Government
  • Published on Feb 3, 2025

    OPEC+ reaffirms commitment to production cuts to ensure oil market stability

    Saudi Gazette report RIYADH — The meeting of the OPEC+ alliance ended on Monday with a decision to keep the current oil production policy unchanged. The OPEC+ members reaffirmed their commitment to production cuts aimed at ensuring the global oil market …

    Source: Saudi Gazette - Uncategorized
  • Published on 13:06 GMT

    Artificial Lift Service Market is Projected to Reach 38.7 USD Billion with Impressive CAGR by 2032

    Artificial Lift Service Market CAGR (growth rate) is expected to be around 5.97% during the forecast period (2025 - 2032). NY, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- According to the latest market research report released by Wise …

    Distribution channels: Energy Industry ...
  • Published on 16:26 GMT

    The Outstanding Trainer (9) Developing the Training Course and Adapting It to the Local Environment

    We had already presented four steps in our previous article on how to deliver slides for training courses. In this article, we will continue explaining those steps while providing a summary of the previous ones. An outstanding trainer should allocate …

    Source: Al-Mujtama'a - Uncategorized
  • Published on 16:43 GMT

    Questions abound for Trump's sovereign wealth fund plan

    The Trump administration's sudden push to create a U.S. sovereign wealth fund has raised more questions than answers, including critical choices about how such a fund would be created and how it could work. How those questions are answered could set up …

    Source: American Banker - New York - Neutral
  • Published on Feb 3, 2025

    Analysis: OPEC+ won’t bow to Trump

    There’s no shortage of speculation over how OPEC+ will respond to US President Donald Trump’s call for lower oil prices: This isn’t the first time he’s made such demands. But just like during his first term, the Organization of the Petroleum Exporting …

    Source: Semafor - Neutral
  • Published on Feb 3, 2025

    Kuwait-UAE Relations Example Of Coop., Development - Commerce Unders.

    (MENAFN- Kuwait News Agency (KUNA)) DUBAI, Feb 3 (KUNA) -- Kuwaiti Undersecretary of the Ministry of Commerce and Industry, Ziad Al-Najem, praised on Monday deep-seated relations with the United Arab Emirates, especially in the political, economic and …

    Source: MENAFN - Uncategorized
  • Published on Feb 3, 2025

    OPEC Fund signs $120mn partnership agreement with Mauritania

    The OPEC Fund for International Development (OPEC Fund) and the Islamic Republic of Mauritania have signed a landmark agreement, the Country Partnership Framework Agreement, to collaborate on significant development initiatives for the period 2025-2027. As …

    Source: GCC Business News - Uncategorized

05 days 09:22:38

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