Kuwait Petroleum Corp. (KPC) intends to invest about 10 billion Kuwaiti dinars ($33 billion) over five years to increase oil production. According to CEO Sheikh Nawaf Al-Sabah, the company plans not only to maintain the current capacity, but also to significantly increase it in accordance with strategic goals.According to Nawaf, Kuwait's forecast for stable oil demand until the middle of the century coincides with the expectations of such major market players as TotalEnergies SE and Vitol Group.... Read More
Vladimir Putin has arrived in Vietnam. During the visit, the heads of the two countries adopted a... Read More
According to the UK National Statistics Office (ONS), consumer prices rose by 2% year-on-year in... Read More
Brazil plans to actively develop the extraction of rare earth metals, while Western countries are... Read More
The capitalization of the NVIDIA chip manufacturer exceeded the market value of Microsoft, thereby... Read More
In April, the trade turnover between Russia and the European Union amounted to €5.6 billion, a d... Read More
The meeting between Putin and Kim Jong-un was fruitful. The North Korean leader said that relations... Read More
After a boom in investor interest in digital assets that began in 2023, a large-scale sale began in... Read More
According to the final data from the statistical office of the European Union, consumer prices in... Read More
The value of Indian assets increased by $1 trillion in about six months, surpassing the $5 trillion... Read More
The 1992 agreement on the avoidance of double taxation with Russia has been suspended. This was... Read More
Political turmoil in France has led to London once again becoming Europe's largest stock market,... Read More
Tether has announced the launch of a new digital asset called Alloy, which is backed by gold and... Read More
Oil prices on Monday are quite volatile after a significant rise last week, which was the highest... Read More
The Swiss conference on Ukraine turned out to be a «failure». 160 countries were invited to the s... Read More
Benchmark oil prices began to rise on Friday afternoon. During the session, Brent quotes rose to... Read More
After the imposition of US sanctions, which forced the Moscow Exchange to stop trading dollars and... Read More
After the worldwide developers conference last Monday, Apple's plans to integrate artificial... Read More
Thailand has officially notified Russia of its intention to join the BRICS. Thai Foreign Minister... Read More
The G7 countries have reached a political agreement on Russian assets. This agreement concerns the... Read More
The BRICS Business Council has made a proposal to create a decentralized system of international... Read More
The petrodollar pact between Saudi Arabia and the United States, concluded in 1974, has ended its... Read More
The US Federal Reserve System (FRS) has kept the interest rate at 5.25-5.5% per annum, as reported... Read More
The United States imposed sanctions against Mosbirzhi, NCC and NSD. Starting from June 13, the... Read More
At the WWDC 2024 conference, which started on June 10, Apple announced a future collaboration with... Read More
A two-day meeting of the US Federal Reserve System starts today, following which, most likely, the... Read More
Apple hosted the WWDC 2024 conference. It presented new operating systems for all the company's... Read More
The recent elections put an end to the period of the most environmentally oriented parliament in... Read More
The last rally in the American stock market began in October 2022, and its momentum was provided by... Read More
Prices for most non-ferrous metals declined on Monday, with the value of copper on the London Metal... Read More
Oil prices are recovering on Monday morning after last week's decline – investors are analyzing the ... Read More
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