By Editorial Kuwait has consolidated its downstream energy sector by dissolving Kuwait Integrated Petroleum Industries Co. (KIPIC) and transferring its assets to the Kuwait National Petroleum Co.

The Kuwait Integrated Petroleum Industries Company (KIPIC) has been merged with Kuwait National Petroleum Company (KNPC) ...

Kuwait has approved the merger of Kuwait Integrated Petroleum Industries Company (KIPIC) into Kuwait National Petroleum Company (KNPC), according to a decision by the Supreme Petroleum Council ...

Kuwait has dissolved a downstream oil company and allowed it to be acquired by a bigger energy entity as part of plans to restructure the Gulf state’s hydrocarbon sector. Kuwait National Petroleum ...

Global energy demand will increase faster than the rate of population growth through 2050, the CEO of the Kuwait Petroleum Corporation said. "That means that we're going to require more energy ...

Global energy crisis deepens; efforts to plug supply gap fall short, industry executives warn The global energy crisis is deepening as emergency measures by governments worldwide have fallen short of ...

Key opportunities for Kuwait Petroleum Corporation include advancing digital transformation and innovation via technology initiatives, leveraging strategic partnerships, and enhancing product ...

Kuwait Petroleum Corp. (KPC) is optimistic about continued global oil demand beyond the summer, citing robust interest from Asian buyers and a recent spike in crude exports. CEO Sheikh Nawaf Al-Sabah ...

KUWAIT, Oct 9 (Reuters) - Kuwait's oil minister announced a new strategy to boost fossil fuel production on Monday and said his country would prepare the infrastructure for the Durra gas field, which ...

Kuwait Petroleum Corporation began cutting oil output on Saturday and declared force majeure, adding to earlier oil and gas reductions from Iraq and Qatar as the U.S.-Iran war blocked shipments from ...

Global oil demand continues to expand at a rate that justifies the supply increases coming out of OPEC+, according to the chief executive officer of Kuwait Petroleum Corp. “It’s a market that’s been ...