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Kuwait Petroleum Corporation Reports $6.9 Billion Profit

Kuwait: Kuwait Petroleum Corporation (KPC) recorded USD 6.9 billion (2.155 billion dinars) in net consolidated profit for fiscal year 2025-26, exceeding results from the previous three years.

According to Qatar News Agency, KPC CEO Nawaf Al Sabah described the year as exceptional, despite lower global oil prices, reduced production and refining levels, and attacks targeting oil facilities and tankers. He highlighted continued operations, offshore exploration, expansion in global petrochemicals, and progress on major strategic projects to strengthen Kuwait's position in the oil sector.

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