INSEAD Day 4 - 728x90

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

Commercial operations begins at Al-Zour Refinery project in Kuwait

The refinery is expected to provide fuel of high quality. (QNA)
  • The project started last month to produce and sell primary quantities of fuel oil and supply it to local electric power stations.
  • Acting CEO of KIPIC Waleed Al-Bader said the operation is important and a mainstay of the country's development plan.

Kuwait City, Kuwait – The Kuwait Integrated Petroleum Industries Company (KIPIC) has started commercial operations of the first phase of Al-Zour Refinery project.

The project started last month to produce and sell primary quantities of fuel oil and supply it to local electric power stations.

Acting CEO of KIPIC Waleed Al-Bader said the operation is important and a mainstay of the country’s development plan, according to media reports.

It provides fuel of high quality and environmental standards to meet the local demand for energy, as it limits emissions of gases polluting the environment and improves air quality, Al-Bader added.

He said it is a key outlet for the disposal of Kuwaiti oil, and provides other refined products for export in global markets with standard specifications, and more job opportunities for national cadres.