company:kuwait petroleum corporation

Kuwait excludes firms dealing with Israel from any oil work
Middle East Monitor - October 24, 2018
▻https://www.middleeastmonitor.com/20181024-kuwait-excludes-firms-dealing-with-israel-from-any-oil-w

Kuwait Petroleum Corporation has ordered the Kuwait Oil Company to review lists of qualified oil companies which have any kind of relations with Israel, the local Al-Rai paper reported.

According to the Kuwaiti newspaper, sources said that this requested review would be “difficult” due to the “massive network” among global companies and their offshoots.

However, the sources, which were not identified by the Kuwaiti newspaper, stressed that authorities have insisted on implementing this decision.

Kuwait Petroleum Corporation was established in 1980 as an umbrella for all oil activities in the country. Kuwait produced 2.80 million barrels of petrol a day in August.

Head of the Office of Boycotting Israel in the Kuwait custom’s department, Walid Al-Hammadi, said in August that his country is the adherent to the economic boycott of Israel of all Arab states.

“We do not allow the entry of Israeli goods into Kuwaiti markets,” he said. “The Kuwaiti people support this boycott and report any Israeli goods found in the local market,” he added.

#BDS

Kuwait appoints new electricity minister - Politics & Economics - ArabianBusiness.com
▻http://www.arabianbusiness.com/kuwait-appoints-new-electricity-minister-586415.html

Ahmad Khaled Ahmad Al Jassar has been appointed as Kuwait’s electricity minister days after the former minister stepped down over a black-out.
The former Kuwait Petroleum Corporation board member was sworn in at the Bayan Palace in front of Kuwaiti Emir Sheikh Sabah Al Ahmad Al Jaber Al Sabah, Crown Prince Sheikh Nawaf Al Ahmad Al Jaber Al Sabah and Prime Minister Sheikh Jaber Al Mubarak Al Hamad Al Sabah.
Abdulaziz Al Ibrahim resigned from the post last week, a month after a widespread power cut hit the Gulf state, although that was not formally given as the reason for his stepping down.
Kuwait experienced a widespread power outage on February 11. At the time, Ibrahim had attributed the outage to a technical failure at a power station.

Kuwait to boost oil exports to China to 500,000 bpd in three years- | GulfNews.com
▻http://gulfnews.com/business/oil-gas/kuwait-to-boost-oil-exports-to-china-to-500-000-bpd-in-three-years-1.13756

Kuwait plans to increase the volume of crude oil exports to China to 500,000 barrels a day (bpd) in three years, an executive at the state-run Kuwait Petroleum Corporation (KPC) said Saturday.

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In other news, MP Dr Mohammad Al-Huwailah urged the government to allocate the area west of Haddiya to be used for housing purposes. Earlier plans to utilize the piece of land for residential projects stalled when Kuwait Petroleum Corporation objected and said that oil pipes run under the area. MP Huwailah said however that studies showed that 90 percent of the area is suitable to be used to build nearly 4,000 houses. He called Oil Minister Dr. Ali Al-Omair to conduct a survey to determine the areas that can be used for housing welfare.
This comes while Al-Rai reported that the Ministry of Housing Affairs plans to resume coordination with the Ministry of Municipality Affairs with regards to the possibility of including the west Haddiya area to the housing projects’ map. The ministries plan to follow a similar mechanism that helped free an area located south of Saad Al-Abdullah to build around 40,000 housing units despite obstacles found there.

In the meantime, Minister of Housing Affairs Yasser Abul heads a meeting for the Public Authority for Housing Welfare this week to execute the plan to allocate houses in the Mutlaa City which has a capacity of more than 30,000 housing units.

Separately, Al-Anba reported yesterday that the Cabinet, under the prime minister’s directions, plans to study the possibility of amending the Penal Code to introduce tougher penalties against rioting and unlicensed demonstrations. The amendments will be discussed and referred to the parliament at the beginning of the new term, according to a government source quoted in the report.

Kuwait Times

▻http://www.gulfinthemedia.com/index.php?id=709860&news_type=Top&lang=en