For full coverage of Middle East business, see MEED Kuwait is taking steps to sell minority stakes in as many as four units of Kuwait Petroleum Corporation (KPC), Bloomberg reported acting oil minister Anas al-Saleh as saying this morning. “We…
Tag: KPC
Kuwait to consider further fuel price rises
The Kuwait cabinet will discuss two studies, one completed by Kuwait Petroleum Corporation (KPC), about increasing domestic fuel prices, the daily Kuwait times reported this morning. It said the studies have been sent to the cabinet to be discussed by…
KNPC CEO accepts MEED Kuwait Projects Leadership Award
The annual MEED Kuwait Projects Leadership Award was presented this morning to Kuwait National Petroleum Company (KNPC) chief executive officer Mohammad Ghazi Al-Mutairi. “MEED and its customers have decided to recognise each year an organisation or individual that has made…
Kufpec finalises $1bn loan
National Bank of Kuwait (NBK), in cooperation with J.P Morgan Limited, has led a consortium of international, regional and Kuwaiti banks to arrange a syndicated loan of $1 billion for Kuwait Foreign Petroleum Exploration Company (KUFPEC), a wholly owned subsidiary…