First crude oil cargo set to be exported from Saudi-Kuwaiti Neutral Zone
The first crude export in more than five years from the Neutral Zone shared by Kuwait and with Saudi Arabia is set to take place this week, a shipping source Continue Reading
Kuwait Excludes Oil Tankers From Ship Ban Over Coronavirus
OPEC producer Kuwait has excluded oil tankers from a ban on ships departing or arriving from several countries in a bid to reduce the risk of coronavirus spreading, Reuters reported Continue Reading
Restarted Saudi, Kuwaiti Oilfields To Pump 550,000 Bpd By End-2020
The total production from the two oilfields that Saudi Arabia and Kuwait share would reach 550,000 bpd by the end of the year, Kuwait’s Oil Minister Khaled al-Fadhel said on Continue Reading
Kuwait minister says neutral zone output to reach 550,000 b/d by year-end
Crude oil production from the neutral zone where Saudi Arabia and Kuwait share output equally will reach 550,000 b/d by the end of the year after a pumping trial from Continue Reading
Saudi Arabia And Kuwait Are Finally Ready To Restart Their 500,000 Bpd Oilfields
Saudi Arabia and Kuwait, which share two oilfields that have not been pumping oil for five years, have authorized the restart of one of those oilfields as early as Sunday, Continue Reading
Chevron readies to resume pumping oil from Saudi-Kuwaiti Neutral Zone’s Wafra field
Crude oil from the Wafra field in the Neutral Zone shared by Saudi Arabia and Kuwait could flow again as soon as this weekend after a nearly five-year hiatus, with Continue Reading
Kuwait Expects To Pump 250,000 Bpd When Neutral Zone Restarts
Kuwait expects its share of the oil production from the Neutral Zone that it shares with Saudi Arabia to be 250,000 bpd by the end of 2020 when production will Continue Reading
Oil Markets Brace For Another 500,000 Bpd Oil Field To Come Online
Kuwait and Saudi Arabia could be days from agreeing the restart of oil production from the two fields they share in the so-called neutral zone. Bloomberg quoted Kuwait’s Oil Minister, Continue Reading
Saudis, Kuwait Near End to Spat Over Shared Oil Fields
The deal could still fall through at the last minute and the two countries, which reached a preliminary agreement in October, are unlikely to restart production immediately, the people familiar Continue Reading
Abu Dhabi, Kuwait sovereign funds plan investment in Aramco IPO: sources
The sovereign wealth funds of Abu Dhabi and Kuwait plan to invest in the initial public offering (IPO) of Saudi Aramco, which is relying mainly on Saudi and Gulf investors Continue Reading