1. KPC Seeks IOC Investment As It Chases Down 4mn B/D Target

    ...wait and Saudi Arabia. The two subsidiaries are in the process of being merged as KPC seeks to streamline its operations (MEES, 26 July 2024). KOC capacity fell from 3.151mn b/d in 2017-18 to just 2.629mn b/d in 2020-21, before gradually edging up to its current levels. The firm hasn’t released ca...

    Volume: 67
    Issue: 29
    Published at Fri, 18 Jul 2025
  2. Korea Crude Imports: New UAE Record

    ...ril’s 570,000 b/d was a 21-year high on a monthly basis (MEES, 17 May).   *Korea’s overall crude imports were up 1.5% at 2.82mn b/d for 1H 2024, putting 2024 on track for the highest annual figure since 2019, albeit some 210,000 b/d below the record annual figure of 3.03mn b/d set in 2017. South Ko...

    Volume: 67
    Issue: 29
    Published at Sat, 20 Jul 2024