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2014-04-08 18:07:00

KUWAIT: GROWTH 2020

KUWAIT: GROWTH 2020

TA.  Kuwait Oil Company (KOC), one of the world's foremost oil producers, plans to boost its production capacity to 4 million barrels per day over the next six years, said an expert.

However, greater production means greater risk, warned Khaled Al Mansouri, the president of the International Association of Emergency Managers (IAEM) and International Center of Business Resilience (ICBR).

The need to secure some of the world's oldest oil fields during any and all emergencies has compelled…

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Tags: SHELL, IRAQ, OIL

Chronicle:

KUWAIT: GROWTH 2020
2019, March, 22, 10:20:00

U.S. OIL INVENTORIES DOWN 9.6 MB

US crude oil inventories for the week ended Mar. 15, excluding the Strategic Petroleum Reserve, decreased 9.6 million bbl from the previous week, data from the US Energy Information Administration showed.

KUWAIT: GROWTH 2020
2019, March, 22, 10:15:00

SAUDI'S OIL WILL DOWN

Saudi Arabia will supply its clients with significantly less oil than they requested in April, extending deeper-than-agreed oil production cuts into a second month, a Saudi official familiar with the policy said.

KUWAIT: GROWTH 2020
2019, March, 22, 10:10:00

BRITAIN NEED INVESTMENT $265 BLN

Oil & Gas UK estimates exploration and production companies would have to spend about $265 billion between 2019-35 to realize industry’s expectations outlined in Vision 2035 on the UK Continental Shelf (UKCS).

KUWAIT: GROWTH 2020
2019, March, 22, 10:05:00

U.S. FEDERAL FUNDS RATE 2.25-2.5%

U.S. FRB - Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. In support of these goals, the Committee decided to maintain the target range for the federal funds rate at 2-1/4 to 2-1/2 percent.

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