The government has approved the budget for the next fiscal year starting from April 1, with total revenues estimated at KD 18 billion and total expenses at KD ...

As part of its ongoing Kuwaitization efforts, the Civil Service Commission (CSC) announced that the contracts of expatriates in the public sector will not be renewed after March 31, 2025. The policy ...

The budget amendment  mandates that the KRG transfer its oil production to the state-controlled State Oil Marketing ...

Kuwait’s economic and financial reforms are progressing steadily, albeit without the fanfare that typically accompanies major ...

Kuwait Petroleum Corp.’s oil trading unit appointed company veteran Abdullatif Almukhaizeem as chief executive officer, taking the division closer to starting operations just as a clutch of Gulf ...

For years, the world ran on oil, and oil companies dominated the market. These days, however, as more and more countries push for renewable energy, the future of oil is becoming uncertain.

Two California Democratic lawmakers have introduced legislation that could allow people and insurers to sue oil and gas companies for damages sparked by climate change-related disasters such as ...

TOKYO, Jan 31 (KUNA) -- Kuwait's crude oil exports to Japan in December 2024 declined 15.7 percent from a year earlier to 4.99 million barrels, or 161,000 barrels per day (bpd), down for the 15th ...

Senator Ned Nwoko, representing the Delta North Senatorial District, has alleged that his constituents are not benefitting from the 3% remittance of oil companies located in the district. Nwoko, in an ...

(MENAFN- Kuwait News Agency (KUNA)) KUWAIT, Jan 30 (KUNA) -- The Kuwaiti Ministry of Interior said on Thursday that 461 lawbreakers were arrested and 505 others deported in 24 extended security ...

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