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Tuesday November 24, 2009
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OPEC Kuwait News is an EIN News Service for energy industry professionals. Constantly updated news and information about energy.
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Latest OPEC Kuwait News

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  • New features at IPTC highlight oil and gas industry benefits to potential recruits, help young professionals survive economic downturn 24 Nov 2009 10:30 GMT
    ... from worldwide organisations such as Shell, Schlumberger, Kuwait Oil Company and ExxonMobil. "We will address key issues such as career progression opportunities, ... the Organisation of the Petroleum Exporting Countries (OPEC) and the Organisation of Arab Petroleum Exporting ...

  • Oil prices moving between USD 75 to 80 "normal" - experts 24 Nov 2009 07:53 GMT
    ... KUWAIT, Nov 24 (KUNA) -- Oil experts said that oil prices see-sawing between USD 75 to 80 ... an annual climb of 1.7 percent. Meanwhile, OPEC and the International Center for Energy Studies ...

  • Gulf economies 'will recover in 2010,' risks remain ' poll 24 Nov 2009 00:11 GMT
    ... did not have to take part in OPEC-led oil output cuts, should see GDP growth ... growth of 4.3 percent next year, while Kuwait and Bahrain will manage growth of only 2.7 percent and 2.6 percent, respectively. “For 2010, ...

  • Yemen foreign debt jumps to $6 bln in September 23 Nov 2009 14:12 GMT
    ... was for the International Monetary Fund, the OPEC Fund for International Development and Islamic Development ... third position, with Yemen owing Saudi, Chinese, Kuwaiti and Iraqi Funds as well as Algeria, Boland and Korea about $876.5 million. BA ...

  • Commentary: Moving Beyond Denial'¦Two Steps Forward and One Step Back 23 Nov 2009 15:16 GMT
    ... Ray Leonard, former VP with Russian and Kuwaiti oil companies: “The [peak oil] proponents are right about the fact that the ... is a lot of excess capacity within OPEC today, and it’s going to take years ...

  • Gulf Growth Outlook Brightens 23 Nov 2009 20:26 GMT
    ... did not have to take part in OPEC-led oil output cuts, should see GDP growth ... of 4.3 per cent next year, while Kuwait and Bahrain will manage growth of only 2.7 per cent and 2.6 per cent, respectively. ...

  • Qatar to top Gulf growth 23 Nov 2009 20:55 GMT
    ... did not have to take part in Opec-led oil output cuts, should see GDP growth ... GDP growth of 4.3% next year, while Kuwait and Bahrain will manage growth of only 2.7% and 2.6%, respectively. “For 2010, it is ...

  • Iran, Kuwait Pledge Cooperation During Rare PM Visit 21 Nov 2009 18:22 GMT
    ... Iran, Kuwait Pledge Cooperation During Rare PM Visit TEHRAN ... Muslim country, are both members of the Organization of the Petroleum Exporting Countries (OPEC). But Gulf Arab states are concerned about ...

  • Kuwait recovery slow despite huge resources: HSBC official 18 Nov 2009 21:18 GMT
    ... KUWAIT, Nov 18, 2009 (Kuwait Times - McClatchy-Tribune Information Services via COMTEX) -- Chief economist ... growth in the countries' production of outside OPEC caused the energy market to tighten. But ...

  • Kuwait crude oil sheds 44 cents to USD 77.39 bp Nov. 19 20 Nov 2009 20:35 GMT
    ... KUWAIT, Nov 20 (KUNA) -- Kuwait crude oil prices dropped by 44 cents yesterday to stand at ... demand. The Organization of Petroleum Exporting Countries (OPEC) said high speculations in energy stock exchange ...

  • Kuwaiti MP files to quiz defence minister 19 Nov 2009 12:40 GMT
    ... Kuwaiti MP files to quiz defence minister An Islamist opposition MP has filed a motion to ... are senior members of the ruling family. OPEC member Kuwait has been embroiled in political ...

  • $75 to $80 is good, comfortable price: Kuwait Minister 18 Nov 2009 13:16 GMT
    ... Seventy-five to 80 dollars a barrel is a good and comfortable price level, Kuwait's Oil Minister Sheikh Ahmad Abdullah al-Sabah said Tuesday. Talking to reports, al Sabah said that OPEC would not change its production from current level. His comments match those of OPEC ...

  • Kuwaiti MP files to quiz de... 19 Nov 2009 16:13 GMT
    ... Kuwait City, November 19: An Islamist opposition MP on Thursday filed to quiz Kuwaiti Defence ... are senior members of the ruling family. OPEC member Kuwait has been embroiled in political ...

  • Kuwaiti crude up to USD 77.21 Tuesday -- KPC 18 Nov 2009 17:55 GMT
    ... KUWAIT, Nov 18 (KUNA) -- Kuwaiti export crude gained in per barrel (pb) price and put ... market. The Organization of Petroleum Exporting Countries (OPEC) seeks a 70-80 dollar range to meet ...

  • Kuwait's 2010/11 budget to assume oil at $43-paper 22 Nov 2009 08:14 GMT
    ... KUWAIT, Nov 22 - OPEC member Kuwait is expected to base its 2010/11 budget on a crude oil price ...


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