Kuwait's new dynamism
The country wants to shake off its reputation for delays and energy sector in-fighting
A handful of long-awaited upstream successes are on the cards for Kuwait this year, reflecting a new sense of determination permeating through its oil industry. Both Kuwait Petroleum Corporation (KPC) and the oil ministry would certainly benefit from a new reputation of efficiency, rather than bureaucratic delays. Kuwait's voice within Opec is becoming increasingly influential. In March, the country's new oil minister, Essam al-Marzouk, called for an extension to the six-month production cuts agreement negotiated in November. Kuwait is also chairing the joint ministerial monitoring committee—the group responsible for monitoring compliance rates to output cuts. Marzouk's appointment last Dece
Also in this section
23 January 2025
The end of transit, though widely anticipated, leaves Europe paying a third more for gas than a year ago and greatly exposed to supply shocks
23 January 2025
The country’s government and E&P companies are leaving no stone unturned in their quest to increase domestic crude output as BP–ONGC tie-up leads the way
22 January 2025
The return of Donald Trump gives further evidence of ‘big oil’ as an investable asset, with the only question being whether anyone is really surprised
21 January 2025
The new president must put his cards on the table and tell the American people, and the world, if the US is formally abandoning the energy transition