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The Latest Breaking News from KPC

'No substitute': Kuwait's future tied to Hormuz strait fate

Kuwait's oil exports have plummeted due to the ongoing war and Strait of Hormuz closure. The nation faces its biggest crisis since the 1990 invasion, impacting its economy significantly. Kuwait Petroleum Corporation declared force majeure after drone strikes hit its headquarters. The country's economy contracted by 4.6 percent in the…

The Economic Times

Kuwait Signs $16 Billion Pipeline Deal With Blackstone, KKR, Brookfield Despite Rising Regional Tensions

Kuwait Petroleum Corp. (KPC) agreed to a $16 billion lease‑and‑leaseback deal with Blackstone Inc., KKR & Co. Inc. and Brookfield Asset Management Ltd. for its crude oil pipeline network, a landmark transaction struck amid rising regional tensions.

Benzinga

Assembly polls: J&K at the cusp of another change. Is its media free enough to report it?

Jammu and Kashmir is set to hold assembly polls after a decade in October, but it seems that not every journalist will be able to cover it freely – the past five years have been especially difficult for the press in the valley.

Newslaundry

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KPC and Ulster Bank issue final warning as closures loom

Both banks have announced their phased withdrawal from Ireland and began limiting operations in 2022

Dublin Live

Devon holiday park group acquired by European campsite firm

Lakeshore Leisure Group and its three Devon sites have been acquired by Capfun’s UK subsidiary

Birmingham Post

Har Ghar Tiranga: CM directs officials to aim at hoisting national flag on one crore houses

BENGALURU

The Hindu

Kuwait’s Al-Ghais Takes Role as OPEC Secretary General

Kuwait’s Haitham Al-Ghais assumed on Monday his new role as Secretary-General of the Organization of Petroleum Exporting Countries (OPEC), following the late outgoing chief, Mohammad Barkindo. Al-Ghais affirmed his determination to work for the advancement of the international organization, especially considering the concerns surrounding the global energy market. In an…

Asharq Al-Awsat

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Kuwait KPC, Japan's Nippon Sign $1 Billion MoU to Enhance Economic Cooperation

Kuwait Petroleum Corporation on Thursday signed a memorandum of understanding with the Japanese Nippon Export Investment Insurance (NEXI) to fund projects at a value estimated at one billion dollars. KPC said in a statement that the MoU was inked to bolster bilateral relations between Kuwait and Japan and deepen economic…

Asharq Al-Awsat

All Measures Will Be Taken to 'Kuwaitize' Oil Sector, Says Minister

Kuwait’s Deputy Prime Minister and Minister of Oil, Electricity, Water and Renewable Energy Dr. Mohammad Al-Fares, said that "Kuwaitization" as a policy is approved by the Kuwait Petroleum Corporation (KPC) and all necessary measures will be taken to "Kuwaitize" the oil sector. In response to a parliamentary question about the…

Asharq Al-Awsat

Journalists join hands to fight for Kashmir Press Club

Press Club of India asks L-G ‘to restore the land and registration’

The Hindu

‘Tactic to end solidarity’: How Kashmir Press Club was a ‘second home’, especially for freelancers

On Monday, January 17, several journalists gathered outside the gates of the Kashmir Press Club in Srinagar’s Polo View.

Newslaundry

Restore Press Club, say J&K parties

Latest milestone in dismantling all insignias of democracy in the Valley: NC

The Hindu

Kashmir Press Club ceases to exist, building handed over to Estates Dept.: J&K govt.

The govt. said the decision was ‘in view of the unpleasant developments and dissensions between various groups of journalists’.

People

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