Kuwait Oil & Gas - MarcoPolis

Actually it’s a very crucial time for all the oil exporting countries, but mainly for my country Kuwait. As you quite rightly said, I was talking about the subject even when I was the Minister of Finance in 2006/2007. I was worrying about the point at which the oil prices would drop. A drop which is out of our hands and that’s what is happening now. Gentlemen, last night I was even checking with the Minister of Oil of Kuwait and I was also checking with one of our oil experts about the price of our oil at close of day on Friday. It is 54. 54, six months ago it was 100. So what does that mean for our budget?

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QPIC Kuwait Increased Net Profit by 67% in Q1-3 of FY2014/2015

February 11, 2015

Qurain Petrochemical Industries announces 67% net profit increase for first three quarters of FY2014/2015 Consolidated operational income up 491% in Q3

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Special Report: Oil and Gas Sector in Kuwait

June 26, 2012

Although there is a lot of talk about planning for the “time after oil,” the “black gold”, along with gas, remains the primary source of income for the Kuwaiti government.

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“Big Opportunities in the GCC for Small and Medium Energy Companies” says AREF Energy

June 21, 2012

Few listed stocks in the Gulf have performed since the start of 2012 as well as AREF Energy Holding. The Kuwaiti firm invests in the oil and gas industry only in line with Islamic law (Shari’ah). Marcopolis looks behind the scenes of this exceptional energy company.

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Future Investments into Kuwait’s Oil and Gas Sector to Remain Uncertain

June 8, 2012

The investment environment for oil and gas sector in Kuwait is to remain uncertain. Walid Al-Hashash, Chairman of AREF Energy Holding Company, talks about the successes and difficulties of investing into Kuwait’s oil and gas sector.

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Kuwait: How to Enter Oil and Gas Sector

June 8, 2012

Kuwait’s oil and gas sector is one of the hardest to enter. Nonetheless, there are numerous ways for small and medium enterprises in the oil and gas services sector to capitalize on the opportunities in the sector. The companies can either enter into a JV, they can use an agency or service contract. Walid Al-Hashash, Chairman of AREF Energy explains, how the small and medium enterprises can enter Kuwait.

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AREF Energy: Vision Targets the Middle East

June 8, 2012

The vision for AREF Energy is to become the leading energy holding in the Middle East.

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Oil Companies in Kuwait | List of Top 10 Oil Companies

June 4, 2012

The following article will rank oil companies in Kuwait. Our oil companies in Kuwait list includes the largest and the best oil companies in Kuwait. No.1 oil company in Kuwait is traditionally Kuwait Petroleum Corporation, followed by its subsidiaries, NOC and KNPC. Introduction into the sector to better understand the context of the topoil companies in Kuwait.

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Kuwait Oil and Gas Production: 2020 Vision to Produce 4 million Barrels of Oil

May 31, 2012

The production of Kuwait Oil Company (KOC) has reached 3 million barrels per day through upgrading their logistics and production capacity.

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Renewable Energy in Kuwait: Development of Renewables

May 31, 2012

Kuwait was on the forefront of exploration of renewable energy: mostly solar energy in the 70’s.
According to Walid Al-Hashash, Chairman of AREF Energy the main problem for the development of renewable energy in Kuwait is conventional energy subsidies.