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The neutral zone. which has been shuttered for at least four years. can produce as much as 500.000 barrels a day.
Read More »Kuwait Expects Neutral Zone Oil Pact with Saudis
Kuwait is Borrowing $1.1 bn for Shale Push
Kuwait has long planned to increase its global capacity to produce oil and gas.
Read More »Kuwait to Invest in $500B on Oil and Gas Projects by 2040
Around 90 percent of Kuwait'.s state revenues come from oil.
Read More »Kuwait Petroleum Mulls Spending up to $500bn by 2040
National oil firm outlines ambitious growth plans for the next two decades.
Read More »Kuwait Energy Eyes London Listing with Soco Merger Talks
Soco holds mature oil and gas assets in Vietnam. Congo and Angola with no interests to the low-cost fields in the Middle East.
Read More »Second Oil Spill Reported in Kuwait’s Ras Al-Zour Waters
Experts from Saudi Arabian Chevron and Oil Spill Response Limited have joined the effort to clean up after the leak.
Read More »Kuwait Spends $115B in Energy over Five Years. Sees Oil Market Balance This Year
Oil will trade at $55 to $60 a barrel this year and Kuwait is assuming a $45 price in its budget for fiscal year 2017-18.
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