by Wael Mahdi | Oct 19, 2017 | Business
Kuwait- Prime Minister of the Republic of Algeria Ahmed Ouyahia received a message sent by Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud to President Abdelaziz Bouteflika of the People’s Democratic Republic of Algeria. It was conveyed by...
by Wael Mahdi | Oct 6, 2017 | Business
Kuwait- Russia and Saudi Arabia’s remarks Thursday have revived oil markets and hopes of another year of trying to rebalance the oil market after the Kingdom showed its support for the Russian proposal to extend the current global agreement between oil-producers until...
by Wael Mahdi | Sep 27, 2017 | Saudi Arabia
Kuwait- Saudi Arabian Oil Co. Aramco is in talks with Sibur Holding PJSC, Russia’s largest petrochemical producer, about forming a joint venture in the kingdom. Saudi Aramco and Sibur are expected to sign a memorandum of understanding for the project next month when...
by Wael Mahdi | Sep 14, 2017 | Business
Kuwait- Each of Kuwait and Venezuela confirmed that the Organization of the Petroleum Exporting Countries (OPEC) is not nearly close to extending the current cut in production agreement, saying onlookers are trying to introduce the idea into the market. Kuwait Oil...
by Wael Mahdi | Sep 12, 2017 | Business
Kuwait- Saudi Minister of Energy, Industry, and Mineral Resources Khaled al-Faleh discussed with his counterparts in Venezuela, UAE and Kazakhstan the possibility to consider expanding production cuts as an options in the next meeting of producers in November. The...
