Kuwait joined Saudi Arabia and Russia in supporting an extension of oil-output cuts by OPEC and other global producers through the first quarter of 2018 to help trim global stockpiles.
Extending the cuts at already agreed-upon volumes is needed to reach the goal of trimming global stockpiles to the five-year average, Kuwait's Oil Minister Issam Almarzooq said in an emailed statement on Tuesday.
Already a subscriber? Log in.
Read the whole article
Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers.
Start a free company trial todayMore from EnergyWatch
Cobod to help GE make turbines taller
The Danish 3D printing company has signed an exclusive deal with GE, which recently bought a stake in the company.
UK to levy tax on electricity producers' windfall profits
Chancellor of the Exchequer seeks to introduce a new tax, which could affect owners of wind farms.
Siemens Gamesa sends factories into hibernation, sacks employees
Two US factories will be closed over the summer, and several workers will be laid off. A patent case with GE is to blame, along with low demand.
Ørsted CEO: "Renewable energy is now a security policy issue"
Economic warfare against Russia has prompted Europe to raise its ambitions and purge itself of fossil fuel energy, and this agenda suits the Ørsted CEO perfectly.
RWE criticizes Repower EU
The German utility is concerned that elements of the new EU plans will end up curtailing the roll-out of hydrogen and that Repower EU could potentially run counter to the entire purpose of emissions trading.
IT project manager for digital transformation in the middle of the green transition 
Senior Expertise Director, Green fuels and PtX 
Head of Secretariat - The Indo-Danish Centre of Excellence for Offshore Wind and Renewable Energy 
Project assistant 
Senior Logistics Site Manager 
Economists who are passionate about advocacy and industrial economics 
Marine Sales Executive - Performance Coatings 
Head of Purchasing and Logistics - with commercial mind-set 
Head of department for digital change journey 
Strategic Business Development Consultant 
Team Manager 
Pipeline Manager 
We are looking for project managers who will help shape the green transition and develop the business area "Sustainable Energy" 
Engineer or physicist with an interest in energy, international work, supervision and regulation