Kuwait Petroleum Corp. (KPC) intends to invest about 10 billion Kuwaiti dinars ($33 billion) over five years to increase oil production. According to CEO Sheikh Nawaf Al-Sabah, the company plans not only to maintain the current capacity, but also to significantly increase it in accordance with strategic goals.According to Nawaf, Kuwait's forecast for stable oil demand until the middle of the century coincides with the expectations of such major market players as TotalEnergies SE and Vitol Group.... Saiba Mais
US President Donald Trump is currently leaning towards the complete cancellation of the role of... Saiba Mais
A trade deal between the United States and Vietnam worth $15 billion of goods and services will be... Saiba Mais
Based on the data issued on Wednesday, the growth in the manufacturing activity of China was... Saiba Mais
The US Federal Reserve is more than ready to raise its interest rates this coming June, but the... Saiba Mais
The stock markets of Asia were unsteady on Tuesday since investors hovered in the sideline prior... Saiba Mais
The negotiated wages in Germany climbed by 2.8 percent in the first quarter which has significantly... Saiba Mais
ECB President Mario Draghi stressed in a statement made last Monday that the eurozone is still in... Saiba Mais
The economy of India is considered as the fastest developing major economy globally in the previous... Saiba Mais
Amidst the ongoing G-7 summit in Italy, US President Donald Trump has stated via his adviser that... Saiba Mais
Oil prices declined by 5 percent following the extension of production cuts by Opec causing other... Saiba Mais
The South African Reserve Bank kept its interest rates unchanged on Thursday as it played down the... Saiba Mais
US President Donald Trump has already called for an investigation regarding the “Manchester leaks” ... Saiba Mais
New Zealand anticipates exceeding the budget excess prediction for 2017. The former projected... Saiba Mais
The credit rating of China was downgraded by Moody’s Investors Service on Wednesday, the previous A... Saiba Mais
Fed officials are now more than ready to raise its short-term interest rates after stating in... Saiba Mais
On Tuesday, the U.S. spending reserved for foreign aid for Mexico and Central America are to be... Saiba Mais
Two surveys conducted by American businesses this month and showed that the US economy continued to... Saiba Mais
British people could possibly face a period of living squeeze as the UK consumer prices are now... Saiba Mais
The Organization of the Petroleum Exporting Countries together with its partners are about to... Saiba Mais
Intercontinental lenders in Greece has a comprehensive meeting discussing debt sustainability on... Saiba Mais
The Supplemental Nutritional Assistance Program or SNAP is currently in peril as Trump’s budget p... Saiba Mais
Exports from Japan notably increased for five consecutive months indicating a strong offshore... Saiba Mais
During the council held in early May, the staffs of Owasso City made a project proposal for a new... Saiba Mais
The extension of production output cut from big oil producing countries caused the oil prices to... Saiba Mais
Applications for U.S unemployment benefits had fallen circumstantially during the previous week,... Saiba Mais
The Trump administration has already started the first part of its renegotiations with regards to... Saiba Mais
The Malaysian economy gained momentum during the first quarter which is anticipated to be reflected... Saiba Mais
The Australian currency was able to enter again the positive grounds followed by an increase in... Saiba Mais
The Trump administration has recently informed its senators that it is now considering enforcing... Saiba Mais
The household debt climbed to an all-time high that affects spending and inflation that moved... Saiba Mais