Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search
Related Articles
US oil sector faces complicated path
Trump energy policies and changing consumer trends to upend oil supply and demand
Brazil looks to solve its energy security travails
Despite significant crude projections over the next five years, Latin America’s largest economy could be forced to start importing unless action is taken
Bleak times for UK North Sea
Government consultations on the windfall tax and the exploration licence ban are positive steps, but it is unclear how long it will take for them to yield tangible outcomes
Sverdrup keeps on giving
Equinor and its partners at Norway’s largest oilfield have pulled the trigger on a fresh $1.3b investment that will maintain high output for longer
Nigeria bullish about oil recovery
Efforts to restructure and boost investment appear to be working, but doubts remain about the plan to almost double crude production by 2030
Major upstream decline threatens Mexico’s energy security
Dire crude projections and heavy debt burden are weighing heavily on NOC Pemex
Offshore industry overcoming arch foes
ExxonMobil and Eni offer hope for projects as sector looks to get to grips with cost overruns and delays
Bakken oil output may hold its ground
While oil prices will determine the trajectory of the key US shale patch, regulation and technological shifts are also likely to shape direction longer term
China’s oil output to scale new heights
New discoveries and stabilisation of legacy fields’ output have helped China reverse the decline and be a top-five producer in recent years
Old hands dominate Algeria’s upstream auction
The country’s latest licensing round attracted bids from IOCs and NOCs in a better showing than its last outreach to bidders
Kuwait Upstream
James Gavin
20 June 2024
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Kuwait looks to capitalise on emir’s bold move

Emir Sheikh Mishal al-Ahmad al-Sabah’s dissolution of parliament gives him more power to shape decisions on the country’s oil and gas future

The suspension on 11 May of Kuwait’s National Assembly, the Mideast Gulf region’s only fully elected chamber, hands Emir Sheikh Mishal al-Ahmad al-Sabah full control over new legislation. It represents a bold step to shake up a dysfunctional political system that has left Kuwait struggling to keep pace with other Middle Eastern oil producers.   Analysts see the move as clearing the path for domestic energy projects to make progress, following years in which MPs subjected ambitious expansion schemes to intense scrutiny. MPs have repeatedly thwarted government efforts to encourage foreign investment into large oilfields. Project Kuwait, an attempt in the early 2000s to allow IOCs to develop he

Also in this section
India’s Nayara fallout
29 July 2025
The EU’s Russia sanctions could have far-reaching implications for India’s Vadinar-based refinery
Power of Siberia 2: deal or no deal?
29 July 2025
There is a good strategic case for China to sign a deal for gas supplies via the proposed Power of Siberia 2 pipeline, but Beijing’s concerns over over-dependency on a single supplier and desire to drive down the price make it relatively unlikely that a contract will be finalised this year.
An end to EU green illusions
29 July 2025
EU industry and politicians are pushing back against the bloc’s green agenda. Meanwhile, Brussels’ transatlantic trade deal with Washington could consolidate US energy dominance.
Iraq’s tangled Ceyhan oil web
25 July 2025
KRG, Iraq’s central government and Turkey are all working to get exports flowing from the key port, but complications remain

Share PDF with colleagues

Rich Text Editor, message-text
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Rich Text Editor, txt-link-message
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search

  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search