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
Russia is considering the possibility of purchasing electricity from Azerbaijan and Georgia to... Read More
Oil prices fell sharply on Asian markets on Tuesday, losing almost 4%, after media reports that... Read More
The price of bitcoin rose sharply on Monday evening after Democratic presidential candidate Kamala... Read More
The total amount of public debt in the world will exceed the $100 trillion mark for the first time... Read More
Barter is returning: the Ural customs has completed the first transaction with a Chinese company.... Read More
For the European economy, the risks associated with the upcoming US elections on November 5... Read More
The 2024 Nobel Prize in Economics has been awarded to three outstanding economists: Daron Ajemoglu,... Read More
The economy of Germany, Europe's largest economy, is facing a mild recession. Analysts forecast a... Read More
On Monday, gold prices declined under the influence of a strengthening dollar. Investors are... Read More
Non-residents actively withdrew funds from the Russian stock market in the second quarter. The... Read More
Oil prices showed a moderate decline on Friday, but maintained positive dynamics, aiming for a... Read More
Tesla shares fell 5.7% on Friday after the disappointing presentation of the Cybercab concept... Read More
According to operational data from the Office for National Statistics, published on Friday, the... Read More
Putin arrived in Turkmenistan on a working visit. In addition to participating in the forum... Read More
Options markets are foreshadowing the euro's most significant weekly drop since July. This is... Read More
On Thursday, gold prices show moderate growth, awaiting the publication of key data on inflation in... Read More
US stock indexes showed significant growth, with the Dow Jones Industrial Average and Standard... Read More
Russia's economic growth will slow to 1.1% in 2025, economist Alexander Isakov predicts. According... Read More
The recent surge in interest in artificial intelligence has led to a meteoric rise in Nvidia... Read More
On Wednesday, Chinese stocks posted their biggest drop in four years amid growing investor... Read More
Bank of America forecasts moderate growth in both the core and core consumer price index in... Read More
«Russian Post» has launched a money transfer service to Turkey. The money will be available in T... Read More
Google is actively exploring the possibility of using nuclear energy to power its data centers,... Read More
Brussels is preparing to issue medium- and long-term bonds worth €10 billion ($11 billion) to raise ... Read More
On Tuesday, oil declined from the area of local highs, as investors began to take profits after a... Read More
Starting this week, China will introduce temporary anti-dumping measures against brandy imported... Read More
US Vice President Kamala Harris has ruled out the possibility of talks with Russian President... Read More
The easing of the monetary policy of the US Federal Reserve and China's intention to stimulate its... Read More
Strong US employment data released last Friday dramatically changed the mood in financial markets.... Read More
French Prime Minister Michel Barnier expressed deep concern about the high risk of a financial... Read More
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