Kuwait

State-owned Kuwait Oil Company (KOC) announced on June 1 that it will spend up to US$6bn in 2009 on exploration and production (E&P) activities, adding that it has not cancelled... 2009-06-03

State-owned Kuwait Oil Company (KOC) announced on June 1 that it will spend up to US$6bn in 2009 on exploration and production (E&P) activities, adding that it has not cancelled... 2009-06-03

In spite of oil prices continuing to trend higher and a mood of inexplicable optimism in the oil markets, we are sticking with our existing assumptions for 2009 and beyond. Talk of... 2009-05-28

A senior executive at Kuwait National Petroleum Company (KNPC) has told Zawya Dow Jones that the project to build the al-Zour refinery may be re-tendered following the election of... 2009-05-19

The Jordanian government has signed agreements with Anglo-Dutch major Royal Dutch Shell and Russian power company Inter Rao to develop the country's extensive oil shale reserves.

Iraq plans to start drilling for oil at the Safwan oil field by the end of April, according to an Iraqi oil ministry spokesperson Asim Jihad, cited by media reports.

The merchants of doom predicting a continuing decline in oil prices will have been frustrated in the opening quarter of 2009. While macroeconomic news has indeed been consistently... 2009-04-08

The BMI oil supply and demand assumptions for 2009 and beyond have again been revised for all 67 countries forming part of our detailed coverage, reflecting the changing macroeconomic... 2009-04-08

State-owned Kuwait Petroleum Corporation (KPC) plans to invest around US$80bn over the next five years to boost output and expand refining capacity, according to a senior official... 2009-03-11

US major Chevron is preparing to start large-scale testing of a technique for extracting heavy oil in the Neutral Zone between Saudi Arabia and Kuwait, according to a report in the... 2009-03-10