Kuwait Oil Company (KOC), a KPC subsidiary ... In 2024, the emirate inaugurated the $30 billion Al Zour refinery, Kuwait’s largest and the seventh largest in the world. At full capacity, Al Zour is ...

Samsung Engineering said on Wednesday it had won a $3.8 billion contract from Kuwait National Petroleum Company (KNPC) to build the Mina Abdullah I refinery of Clean Fuels Project (CFP).

Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...

OPEC+ has exported a record amount of refined products, blunting the impact of the group's crude output curbs, as members including Saudi Arabia, seek to boost their revenues and market share, ...

The US Department of State has sanctioned Huaying Huizhou Daya Bay Petrochemical Terminal Storage, an oil terminal in China, for buying and storing Iranian crude oil from a sanctioned vessel. The ...