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30.06.26 - 15:24
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SLB Wins Seven-year Kuwait Oil Tech Contract (AFX)
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HOUSTON (dpa-AFX) - Oilfield services company SLB N.V. (SLB) announced on Tuesday that it has been awarded a seven-year contract by Kuwait Oil Company or KOC to develop and deploy advanced technol......
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23.06.26 - 19:39
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Kuwait Offers Gulf Oil Loadings In Ports Deep In Persian Gulf As Producers Seek Hormuz Outlet (ZeroHedge)
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Kuwait Offers Gulf Oil Loadings In Ports Deep In Persian Gulf As Producers Seek Hormuz Outlet
Submitted by Tsvetana Paraskova of OilPrice.com
Kuwait is offering naphtha for loading at its ports deep into the Persian Gulf in the first such tender in months, as Middle Eastern oil producers seek to raise shipments through the Strait of Hormuz.
State-held Kuwait Petroleum Corporation (KPC) has issued a tender to sell naphtha cargoes to be picked up at Kuwaiti ports by buyers, Bloomberg reported on Monday, quoting a tender document it had seen.
The Kuwaiti tender is a sign that the Gulf producers are hopeful that the Strait of Hormuz reopening would allow them to boost production and crude and product shipments.
In previous sales during the Hormuz crisis, Kuwait has asked potential buyers to charter their own tankers to pick up petroleum from the country's ports, traders told Bloomberg.
But tanker traffic at the Strait of Hormuz has seen hiccups hours after the U.S. and Iran signed a memorandum of...
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05.04.26 - 19:06
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Iranian drone strikes hit Kuwait′s oil infrastructure before Opec+ supply talks (The Guardian)
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Members reportedly agree rise of 206,000 barrels a day in May but move symbolic with strait of Hormuz effectively closedMiddle East crisis – live updatesIranian drones struck Kuwait's oil infrastructure on Sunday, causing “severe material damage” that threatened to further disrupt oil supplies already hit by the US and Israel's war with Tehran.It came hours before members of the Opec+ group that represents major global oil suppliers gathered to discuss how to bolster output despite Iran's effective closure of the crucial strait of Hormuz shipping route. Continue reading......
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31.03.26 - 03:01
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Iran Strikes Fully Laden Kuwait Oil Tanker in Dubai Port (Bloomberg)
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Iran hit a fully laden Kuwaiti oil tanker in the anchorage area of Dubai's port, damaging the hull and starting a fire on board. Bloomberg's Dan Murtaugh explains the potential impact on oil prices as the Iran conflict continues to escalate. (Source: Bloomberg)...
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