Kuwait plans to raise oil production capacity to 4 million bpd by 2035, leveraging low costs, offshore development, and ...

Standard Chartered believes the market significantly overestimates OPEC's spare oil production capacity, suggesting a potential $15/barrel upside for oil prices. Both Standard Chartered and Goldman ...

Arabian Post Staff -Dubai Kuwait has set out a long-term plan to lift crude oil production capacity to 4 million barrels per day by 2035, up from about 3 million bpd at present, signalling a renewed ...

Despite a decline in the number of refineries, global refining capacity has increased by 15% over two decades, driven mainly by growth in the Middle East, China, and India, with focus on large-scale, ...