Saudi Kuwait Oilfields

Kuwait increases its oil production capacity by 200,000 barrels per day

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Kuwait Petroleum Corporation posted net profit of more than 2.6 billion Kuwaiti dinars ($8.48 billion) in the last fiscal year, the highest in 10 years, the KPC’s CEO said on Sunday.

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The chief executive said in a video posted on X, formerly known as Twitter, that the KPC also increased its oil production capacity by 200,000 bpd to 2.8 million bpd in the same period

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