Kuwaiti Deputy Premier and Minister of Oil Mustafa Al-Shimali said here on Wednesday the Organization of the Petroleum Exporting Countries (OPEC) would continue efforts to closely monitor the world oil market in order to ensure its stability.
Kuwait Deputy Premier and Minister of Oil Mustafa Al-Shimali said Tuesday his country was "entirely satisfied" with the current state of the global oil market.
The former Manager of the Information Systems Center at the Ministry of Oil, Awatef Al Ali declared that the Ministry has future plans in then information systems and archiving field.
The Assistant Undersecretary of the Economic Affairs at the Ministry of Petroleum, Nawal Al Fozei stated that Gulf Cooperation Council Countries are looking forward for further cooperation with the European Union in order to lift the customs restrictions and to remove the banns imposed by the Union on Gulf Exports.
Kuwaiti Minister of Oil Mustafa Al-Shimali hosted a reception in honor of the Kuwaiti delegation which took part in the landmark inauguration of the Nghi Son Petrochemical Refinery Complex Project.
The Ministry of Oil said on Sunday that its Assistant Undersecretary for Financial and Administrative Affairs Sheikh Talal Nasser Al-Athbi Al-Sabah was appointed as Kuwait's representative in the Executive Bureau of the Organization of Arab Petroleum Exporting Countries (OAPEC).
Oil ministers of the Gulf Cooperation Council (GCC) held here on Tuesday their 32nd meeting at the headquarters of the GCC General Secretariat.
Kuwaiti Deputy Prime Minister and Minister of Oil Mustafa Al-Shemali said here on Tuesday his country can increase its oil production up to four million barrels per day by 2020 from 3.2 million bpd at present.
Deputy Premier and Oil Minister Mustafa Al-Shimali has appointed Nawal Abdullateef Al-Fezai as the State of Kuwait's Governor in OPEC's Board of Governors.
The current rise in oil prices is owing to a host of geopolitical factors, not only supply and demand, a senior Kuwaiti official said here on Sunday.