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Kuwait Energy Sector Research Highlights

Kuwait Energy Sector Research Highlights
Interview

Tareq Al Roumi, Minister of Oil; and Chairman, Board of Directors, Kuwait Petroleum Corporation: Interview
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Interview: Tareq Al Roumi, Minister of Oil; and Chairman, Board of Directors, Kuwait Petroleum Corporation (KPC), on contributing to environmental targets while meeting energy demand How do you envision Kuwait balancing its commitment to traditional oil production with the growing global shift towards renewable energy sources? TAREQ AL ROUMI: Kuwait aims to maintain its position in oil production…
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Sheikh Nawaf Saud Al Sabah, CEO, Kuwait Petroleum Corporation: Interview
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Interview: Sheikh Nawaf Saud Al Sabah, CEO, Kuwait Petroleum Corporation, on driving industrial expansion Where are the opportunities for enhancing performance at the Al Zour refinery? SHEIKH NAWAF SAUD AL SABAH: The Al Zour Refinery is an important asset for Kuwait’s energy sector. As one of the world’s largest and most advanced refining complexes, operating at 615,000 barrels per day, it gives…
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Ahmad Jaber Al Eidan, CEO, Kuwait Oil Company: Interview
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Interview: Ahmad Jaber Al Eidan, CEO, Kuwait Oil Company, on balancing growth and sustainability in oil production How is the balance between output optimisation and global commitments being navigated? AHMAD JABER AL EIDAN: Kuwait is committed to aligning with the framework set out by the Organisation of the Petroleum Exporting Countries (OPEC) and its allied oil-producing nations, collectively known…

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The energy sector continues to dominate the Kuwaiti economy, with oil rents making up the vast majority of government revenue and GDP. Income from oil has declined since the peak directly after the conflict in Ukraine, though the unwinding of production cuts by Organisation of the Petroleum Exporting Countries (OPEC) will bring some additional income to the government treasury. Growing domestic energy…
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The Report: Kuwait 2025: Energy
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The energy sector continues to dominate the Kuwaiti economy, with oil rents making up the vast majority of government revenue and GDP. Income from oil has declined since the peak directly after the conflict in Ukraine, though the unwinding of production cuts by the Organisation of the Petroleum Exporting Countries will bring some additional income. Growing domestic energy demand has caused a rise…
Country Report

The Report: Kuwait 2025
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Kuwait is advancing a broad reform agenda under the New Kuwait 2035 development plan, aiming to strengthen economic resilience and diversify beyond hydrocarbons. Recent governance and fiscal reforms, including the passage of a new public debt law, are expected to expand financing options and support capital market development. At the same time, investment in infrastructure, logistics, digital tech
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OBG Insights: Kuwait’s path towards ESG integration and sustainable growth in the investment sector

Note: The insights below were first published in the September 2025 issue of theUnion of Investment Companies‘The Investor Magazine.The latest edition highlights how ESG is taking center stage in the wider Kuwait economy, especially in the investment sector where environmental, social and governance considerations are becoming fundamental indicators of sustainability…
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The Report: Kuwait 2024: Energy & Utilities
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Kuwait’s upstream oil activities and crude oil exports are the central pillars of the country’s economy. In recent years the government has embarked upon an economic diversification drive to reduce vulnerability to oil price volatility and generate sustainable long-term growth. Renewable energy production is also targeted for expansion as Kuwait works towards fulfilling its climate commitments,…

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Alternative energy production accelerates amid the energy transition
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The energy transition continued apace in 2022 despite Russia’s invasion of Ukraine in February of that year, ongoing disruptions to supply chains and inflationary pressures – all of which translated into high energy prices around the globe. However, sustained high prices may mark an inflexion point in shifting the global energy system away from a dependence on hydrocarbons and towards lower-cost…

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New technology in Kuwait's energy sector creates investment opportunities
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Kuwait’s upstream oil activities and crude oil exports are the central pillars of the country’s economy. In recent years the government has embarked upon an economic diversification drive to reduce vulnerability to oil price volatility and generate sustainable longterm growth. Nevertheless, infrastructure expansion works are taking place, or have recently been completed, at each stage of the hydrocarbons…

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