Kuwait Petroleum Corporation

Kuwait Petroleum Corporation
Native name
مؤسسة البترول الكويتية
Company typeState-owned
IndustryPetroleum
FoundedJanuary 27, 1980; 44 years ago (1980-01-27)
FounderState of Kuwait
Headquarters,
Kuwait
Area served
Worldwide
ProductsPetroleum
RevenueKWD 43.0 billion (2022/23)
US$ 140.2 billion[1]
KWD 2.7 billion (2022/23)
US$ 8.8 billion[1]
OwnerState of Kuwait (100%)
Subsidiaries
Websitewww.kpc.com.kw

Kuwait Petroleum Corporation (Arabic: مؤسسة البترول الكويتية; KPC) is Kuwait's major national oil company, headquartered in Al Kuwait.[2]

The activities of Kuwait Petroleum Corporation are focused on petroleum exploration, production, petrochemicals, refining, marketing, and transportation. KPC produces about 7% of the world's total crude oil.

  1. ^ a b Annual Report 2023 (PDF) (Report). Kuwait Petroleum Corporation. Retrieved 22 August 2024.
  2. ^ Stevens, Paul (2011), Victor, David G.; Hults, David R.; Thurber, Mark C. (eds.), "Kuwait Petroleum Corporation (KPC): an enterprise in gridlock", Oil and Governance: State-Owned Enterprises and the World Energy Supply, Cambridge University Press, pp. 334–378, doi:10.1017/cbo9780511784057.011, ISBN 978-0-511-78405-7