The profits of local oil companies affiliated with Kuwait Petroleum Corporation (KPC) will remarkably improve in the ...

The country’s oil production capacity was at more than 2.8 million bpd in June last year, Ahmad Jaber Al-Eidan, the CEO of KPC subsidiary Kuwait Oil Company (KOC), said at the time. Kuwait aims ...

In January 2024, Khaled Al-Sabah, CEO of Kuwait Petroleum Corporation (KPC), unveiled an ambitious $30 billion investment plan aimed at boosting the emirate’s oil production capacity by 40%. The ...

The Kuwaiti daily Alanba reported in late 2024 that there were plans to merge four KPC subsidiaries and the process would start at the end of March. As well as the KNPC-KIPIC deal, a merger is ...

KUWAIT, March 12 (KUNA) -- Deputy Chairman of the Board and CEO of Kuwait Petroleum Corporation (KPC) Sheikh Nawaf Saud Al-Nasser Al-Sabah headed the company's delegation in CERAWeek conference, which ...

Al-Sabah joined KPC in 1999 and assumed his current role in March 2022. KPC’s subsidiaries include the Kuwait Oil Company, KNPC, and the Petrochemical Industries Company. Al-Sabah was previously the ...