OPEC+ countries to continue increasing oil production
OPEC+ countries have increased their production quotas by over 2.7 mln barrels per day since April of this year
OPEC+ countries have increased their production quotas by over 2.7 mln barrels per day since April of this year
OPEC is ready to raise production by rolling back its oil output cuts further if required to address market shortfalls after the U.S. imposed new sanctions on Russian oil majors, Kuwait's oil minister Tariq Al-Roumi said.
He previously visited Qatar and Kuwait
Turkish President Recep Tayyip Erdogan will pay official visits to Kuwait, Qatar and Oman on October 21, 22 and 23, respectively, Presidential Communications Director Burhanettin Duran said.
The Foreign Ministers of the Gulf Cooperation Council (GCC) and the European Union held the Joint Council and Ministerial Meeting in Kuwait.
The OPEC+ group of countries will increase oil production by an additional 411,000 barrels per day for the second month in a row. Initially, the talk was to produce 138,000 barrels.
Saudi Arabia and Kuwait have announced a new oil discovery in the so-called Partitioned Zone between the two OPEC heavyweights which share equally output from the area.
In the future, 2025, Uzbekistan and Kuwait will be connected by direct flights, the Head of Kuwait's Directorate General of Civil Aviation, Sheikh Humoud Mubarak Humoud Al-Sabah announced.
Russia is preparing intergovernmental agreements on visa-free travel with six more countries, Russian Economy Minister Maxim …
The President of Azerbaijan continues to receive congratulations from the leaders of other states on Independence Day. Azerbaijan celebrated the holiday on May 28. The Gulf countries congratulate Azerbaijan.
Several OPEC+ countries have announced the extension of additional voluntary oil production cuts for the second quarter of 2024. Thus, Saudi Arabia extends production cuts by one million barrels a day until June, the United Arab …
Sheikh Mishal Al-Jaber Al-Ahmad Al-Sabah, the Amir of the State of Kuwait, has congratulated President of Azerbaijan Ilham Aliyev on his victory in the snap …
Georgia has appointed new ambassadors to four countries - Israel, Jordan, China and Kuwait. Georgian Prime Minister Irakli Garibashvili held meetings with the new envoys on January 24, the Georgian government administration …
The Organization of the Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+, reaffirmed their commitment to unity, full cohesion and market stability following Angola's departure announcement from the group. …
Iranian Foreign Minister Hossein Amirabdollahian has held a meeting with the new Emir of Kuwait, Sheikh Meshal al-Ahmad al-Sabah, shortly after arriving in the Persian Gulf country. During the meeting on December 17, the Iranian …
The Azerbaijani leader expressed condolences to Kuwait on the death of the emir
Russia has offered the complete cancellation of tourist visas to Kuwait, Oman, Bahrain, Saudi Arabia and Malaysia, Russia's Minister of Economic Development Maxim Reshetnikov said. The minister noted that Russia is exploring the …
A Kuwaiti news outlet has unveiled the country's first ever virtual news presenter generated using artificial intelligence, with plans for her to read online bulletins. Kuwait News stunned social media users by uploading a …
Saudi Arabia will voluntarily reduce its oil production by 500,000 barrels per day from May until the end of 2023 in coordination with other members of the oil producers’ alliance, the Saudi Press Agency reported. Russia would …
Russia is preparing agreements on the abolition of visas for tourists with 11 countries. The terms for expanding the list of visa-free countries are not clear - the agreements are bilateral and much depends on the other side.