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Sheikh Ahmed Al Jaber Al Sabah granted Kuwait Oil Limited Company with the participation of Protol British Company "BP" and American Oil Gulf Company "Gulf Oil" the right of franchise of concessionaire to explore oil in all Kuwait lands and territorial water for 75 year period and this was on 23rd December 1934.

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Al-Saad to "Assiyasah": 10 billion dinars the size of "KNPC" projects within the Development Plan
30/08/2010
Vice Chairman of the Board of Directors and Deputy Managing Director of the refinery Mynah Ahmadi Asaad Al-Saad estimated the work of the National Petroleum Company  details...

Latest News
"Qatar Fuel" plans for vital projects soon
30/08/2010
Qatar Fuel (fuel) announced to Qatar News Agency that it will open 6 new gas stations by the end of this year and 7 others in different design stages will be run in 2011. Mr. details...
«Dow»: the region will be one of the leading centers of petrochemical industry in the world
30/08/2010
Kuwaiti Al-Rai newspaper said that Vice President of global engineering solutions and technology centers, manufacturing and engineering operations at Dow Chemical  details...
Iran plans to increase oil production capacity of the joint fields
30/08/2010
Mahmoud Zarkachian Alizadeh, president of the Iranian Offshore Oil, said in remarks reported by Reuters that Iran plans to increase oil production from the marine  details...
(SABIC) signed an agreement with German (Lurgi GMPH)
29/08/2010
The daily ILLAF said that the Saudi Basic Industries Corporation (SABIC) recently signed an agreement with (Lurgi GMPH) company of Germany to grant technical and details...
Putin hails relations with China in the opening of a pipeline
29/08/2010
Reuters reported that Russian Prime Minister Vladimir Putin has opened a pipeline division carrying Siberian oil to China and praised the activities of Russian energy in  details...
Russia: a growth in oil production by 2.7% during the period from January to July 2010
29/08/2010
Russian Federal Bureau of Statistics announced that the volume of oil production in Russia increased by 2.8% during the first seven months of this year compared with  details...
A possibility of raising the export duty on Russian oil and its derivatives in early September
29/08/2010
Alexander Sukovic, head of analysis at the Russian Ministry of Finance, announced to the Russian news agency that the export duty on Russian oil and its derivatives  details...
"Ras-Gas" adds Portugal to its global market
28/08/2010
Ras-Gas Company Limited announced that it delivered the first shipments of liquefied natural gas to Portugal on Monday by "Aldepl" LNG tanker at the "Sines" station for details...
R.W.I signed an agreement with Iraqi Kurdistan on the Nabucco gas
28/08/2010
German (R.W.I) Corp. said in a statement published by Reuters that it had signed a cooperation agreement with the Government of Iraqi Kurdistan in order to pump gas details...
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