Monday, April 20, 2026
Kuwait declares force majeure as Hormuz disruption halts oil export flows- oil and gas 360

Kuwait declares force majeure as Hormuz disruption halts oil export flows

(World Oil) – Kuwait declared force majeure on shipments of crude oil and refined products as the blockade of the Strait of Hormuz makes it impossible to meet obligations to customers that can’t bring vessels into the Persian Gulf. State-run Kuwait Petroleum Corp. notified customers Friday that it was invoking the contractual clause that allows a supplier to miss deliveries,

Kuwait’s KPC CEO says oil production capacity exceeds 3 million bpd- oil and gas 360

Kuwait’s KPC CEO says oil production capacity exceeds 3 million bpd

(BOE Report) – Kuwait’s oil production capacity now exceeds 3 million barrels per day, Kuwait Petroleum Corporation (KPC) CEO Sheikh Nawaf Saud al-Sabah told reporters on Tuesday. The country’s oil production capacity was at more than 2.8 million bpd in June last year, Ahmad Jaber Al-Eidan, the CEO of KPC subsidiary Kuwait Oil Company (KOC), said at the time. Kuwait aims