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KPC Maintains Profitability Amid Oil Price Decline and Iranian Attacks

Guavy AI Editorial Team
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Oil
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Kuwait Petroleum Corporation (KPC) and its subsidiaries have achieved a net profit of 2.155 billion dinars for the 2025-2026 fiscal year, despite facing significant challenges such as lower oil prices and Iranian attacks on key infrastructure.

The results were announced during a meeting of the Supreme Petroleum Council, chaired by Prime Minister Sheikh Ahmed Al-Abdullah.

KPC CEO Sheikh Nawaf Al-Saud described the past fiscal year as 'exceptional' due to the severity of the challenges faced by the oil sector.

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