Country’s National Assembly had previously approved the Economic Reform Document
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Will only commit to en masse freeze deal: Kuwait
Kuwait is currently producing 3mn barrels of oil per day
Fire under control at Kuwait oil well site: KUNA
Specialised teams were taking precautionary measures to keep the fire from breaking out again: KOC
Leak at Kuwaiti oil well site, no gas spill seen
The incident happened at a newly dug oil well in northern Kuwait, state media reports
Kuwait Petroleum Corp to sell loss-making units
KPC’s affiliates, including Kuwait National Petroleum Co and Kuwait Oil Co, have already cut costs by 15-20%
Kuwait reviews bid to slash fuel subsidies
The Gulf nation’s government has proposed to raise petrol prices to 85 Kuwaiti fils a litre for low-grade 90 octane fuel, and 105 fils a litre for 95 octane petrol
Kuwait spends $32bn on 2015 projects, amid slump
The awards include a $13bn contract to build a new refinery with a capacity of 615,000 bpd and a heavy oil production facility costing $4bn
Cisco awarded network contract by Kuwait Oil Co
Oil company has seen number of devices and applications in its network grow
Kuwait Petroleum Corp names new board
The reshuffle is not expected to mean any change to the oil policy of the OPEC member
Oil still accounts for 93% of Kuwaiti income
Gulf state has struggled to diversify economy despite forecasting $27bn deficit this financial year