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Kuwait committed to energy security

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VIENNA: Kuwait reaffirmed its commitment to ensuring global energy security on Wednesday while calling for increased investments in future energy projects and the adoption of solutions that reduce emissions and support the transition to a more efficient energy system. This came in a speech delivered by Oil Minister and Chairman of Kuwait Petroleum Corporation (KPC) Tareq Al-Roumi at the 9th International Seminar of the Organization of the Petroleum Exporting Countries (OPEC) in Vienna.

Leading Kuwait’s delegation to the seminar, Al-Roumi said the event comes at a critical time marked by mounting challenges in the energy sector, particularly amid shifting regional and global dynamics. He noted that OPEC continues to work toward market stability by balancing supply and demand and strengthening partnerships with non-OPEC producers through the OPEC+ alliance, contributing to the sustainability of energy supplies.

Al-Roumi emphasized the importance of market stability in achieving energy security and supporting global economic growth, stressing that oil will remain a key part of the global energy mix for decades to come. He also reiterated the need to boost investment in future energy projects and adopt solutions that cut emissions and facilitate a shift toward a more efficient energy ecosystem.

Sheikh Nawaf Saud Al-Sabah, Deputy Chairman and CEO of KPC, affirmed the corporation’s commitment to providing stable and reliable supplies of crude oil and environmentally friendly products. He highlighted KPC’s adaptability to market shifts through a flexible and innovative approach that reflects its achievements in exploration, development, production and expansion in the petrochemical industry.

Chinese and Japanese buyers are requesting more oil in a further indication of strong demand, Shaikh Nawaf told the seminar. KPC is also participating in the accompanying exhibition of the 9th OPEC International Seminar through a dedicated pavilion showcasing highlights of its 2040 strategy, digital transformation initiatives, emission reduction efforts, success stories in international partnerships and global expansion — bolstering Kuwait’s presence in the global energy landscape.

Output increases from oil producer group OPEC+ are not leading to higher inventories, showing that markets are thirsty for more oil, ministers and executives from OPEC nations and bosses of Western oil majors said on Wednesday. OPEC+, which pumps about half of the world’s oil, has been curtailing production for several years to support the market. But it has reversed course this year to regain market share.

OPEC+, comprising OPEC and allies such as Russia, began to unwind cuts of 2.17 million barrels per day in April with a production boost of 138,000 bpd. Hikes of 411,000 bpd followed each month in May, June and July. On Saturday, the group approved a 548,000-bpd jump for August and will likely approve a large hike for September when it meets again in August, sources told Reuters.

“You can see that even with the increases for several months we haven’t seen a major buildup in inventories, which means the market needed those barrels,” United Arab Emirates’ Energy Minister Suhail Al-Mazrouei told reporters. Global oil demand will increase by about 1.2-1.3 million bpd for the rest of this year, despite challenges from US tariffs and trade tensions, Amin Nasser, the CEO of Saudi oil giant Aramco told the seminar. Nasser cited rising US gasoline demand and China’s petrochemical sector as growth drivers.

OPEC has ramped up production partly because it wants to regain market share from rivals such as the United States, sources have told Reuters. BP CEO Murray Auchincloss said he saw non-OPEC production stagnating next year after hitting new highs in recent months. The physical oil market looks tight and China is boosting stockpiles, Auchincloss said.

Shell CEO Wael Sawan said he was more concerned about oil field depletion rates of 4-5 percent a year, meaning more investments were needed. TotalEnergies CEO Patrick Pouyanne said he thought the market was rather well supplied given that demand growth has halved in China in recent years.

With planned output rises, OPEC+ will likely complete the return to the market of the 2.17 million bpd of voluntary cuts in September. It is also allowing the UAE to complete a 300,000 bpd separate output increase. OPEC+ still has separate cuts of 3.65 million bpd in place, consisting of 1.65 million bpd in voluntary cuts by eight members and 2 million bpd across all members. Those cuts expire at the end of 2026.

Iranian Oil Minister and current OPEC President Mohsen Paknejad underscored the importance of scientific and pragmatic approaches to energy issues, urging the global community to set aside ideological divides in favor of realistic and inclusive dialogue. “Energy is the cornerstone of the global economy and an essential part of our daily lives,” Paknejad said in a video address. “Last year witnessed an unprecedented rise in energy demand across all sources, including oil and gas.”

Paknejad reaffirmed oil’s prominent role in the global energy mix, noting it continues to supply nearly 30 percent of global energy needs. He stressed OPEC’s crucial role in maintaining market balance and preventing price volatility that affects not only producing nations but the entire international economy.

On the energy transition, he acknowledged significant progress in renewable energy and electric vehicle deployment but cautioned that decarbonization efforts must be grounded in science and practical policy rather than slogans. Calling for the inclusion of all technologies, sectors and stakeholders, he said: “This is the only path to success — and precisely why OPEC remains a vital organization for the world.” – Agencies

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Asian gang arrested for ATM fraud using cardless scheme

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KUWAIT: The Ministry of Interior (MoI) announced on Monday the arrest of an Asian gang involved in a sophisticated scheme to steal funds from citizens and residents by exploiting the cardless withdrawal feature of ATMs. In a press statement issued by the General Department of Public Relations and Security Media, the ministry said swift investigative efforts led to the identification and arrest of the prime suspect within 24 hours.

Authorities revealed that the suspect’s identity was confirmed through the biometric fingerprint database at the General Department of Criminal Evidence, after matching surveillance images of the individual conducting the illicit withdrawals. He was apprehended in the Jleeb Al-Shuyoukh area in possession of approximately KD 5,000 (about $16,500), along with multiple SIM cards, bank cards, and receipts from money exchange offices used to facilitate international transfers.

Further investigations uncovered the suspect’s involvement in a transnational criminal network targeting Kuwait. The network reportedly operated through a local ready-made clothing company, which was used as a front for unauthorized “alternative remittance” activities—concealing and transferring illicit proceeds outside official financial systems. Authorities confirmed that two other Asian nationals, employed at the same company, were also complicit in the scheme. Their previous operations had been linked to a now-defunct money exchange firm previously shut down by regulatory bodies for unlicensed remittance activities.

The MoI confirmed that the two accomplices were arrested in the Khaitan area and tools used in the fraudulent transactions were seized. It added that the international branch of the gang has been located in an Asian country, and coordination with the relevant authorities is currently underway to pursue further legal action. The ministry reaffirmed its commitment to leveraging advanced technology, including biometric fingerprinting, to combat financial crimes and safeguard the security and stability of society. — KUNA

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Kuwait environmental sustainability constitutes developmental strategic pillar, effective partnerships

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 KUWAIT: Kuwait is prioritizing environmental concerns as a pivotal and strategic pillar within its national plans and future programs. Over the past two years, the government has intensified its efforts to adopt strategies for environmental sustainability, guided by the directives of His Highness the Amir Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah.

The Cabinet has played a key role in advancing the national vision for environmental sustainability, regularly placing the long-term low-carbon development roadmap at the forefront of its agenda.In this context, Oil Minister Tareq Al-Roumi and officials from the Environment Public Authority (EPA) presented a visual outline of the roadmap in July.

This plan aims to enhance resilience against climate change by employing integrated, innovative, and technical solutions within a circular carbon economy, and it also includes supportive initiatives for environmental innovation and green investment across multiple sectors. Kuwait has strengthened coordination with China to activate memoranda of understanding (MoU) in key areas, such as low-carbon green systems for waste recycling, electrical infrastructure, renewable energy, and the environmental development of sewage treatment facilities.

These agreements serve as key components in translating the country’s ambitious goals into tangible steps toward a sustainable future aligned with Kuwait Vision 2035. A central aim is to preserve the environment for future generations. In parallel, Kuwait’s 2050 Low-Carbon Strategy, launched by the EPA in November 2023 in collaboration with the UN Environment Programme and other state sectors, underscores its commitment to the UN Framework Convention on Climate Change (UNFCCC).

 Kuwait became the second Gulf country to present such a strategy. The country is targeting carbon neutrality by 2060, with a focus on diversifying energy revenue, increasing renewable energy use, replacing fossil fuels with natural gas, and utilizing waste to support environmental sustainability. The first State of the Environment Report, issued by the EPA last year, marks a major milestone in assessing environmental conditions and exemplifies successful cooperation among governmental agencies.Prepared in collaboration with the UN, the report focuses on seven key areas: Climate change, waste management, water resources, biodiversity, marine and coastal environments, and more.The EPA’s efforts have led to the launch of four strategic projects focused on environmental protection, sustainable development, waste management, and combating desertification. These initiatives aim to improve performance indicators and foster public-private partnerships in environmental preservation.Urban planning efforts, such as Kuwait’s Fourth Structural Plan (2040 Master Plan), promote green buildings and healthier living environments.

On the legislative side, Kuwait’s environmental protection law includes policies aimed at conserving natural resources and ecosystems. These measures are designed to prevent or reduce air pollution, ensure biodiversity, and promote sustainable living conditions. The law mandates the identification and regulation of fixed pollution sources and enforces penalties for environmental violations.

During the recent Sustainable Energy Conference, Kuwait reaffirmed its commitment to achieving a balanced energy mix, aiming for 50 percent of its electricity to come from renewable sources by 2025. In his speech, Minister of Electricity, Water and Renewable Energy and Acting Minister of Finance and Minister of State for Economic and Investment Affairs, Sabeeh Al-Mukhaizeem, emphasized the adoption of comprehensive plans and ambitious projects that align with Kuwait’s global commitments and its vision for a sustainable future.Kuwait’s renewable energy strategy involves three tracks: Long-term projects like the Shagaya Renewable Energy Park, short-term solutions, and smaller-scale initiatives requiring all facilities to generate 10 percent of their electricity from renewable sources.

The Shagaya project, a public-private partnership, is being developed in two phases: the first will generate 1,100 MW, and the second 500 MW.The Public Authority of Agriculture Affairs and Fish Resources is also advancing initiatives to expand green cover across the country by planting trees and increasing green spaces in parks and along streets. The authority has implemented plans for artificial barriers and redistributed agricultural areas to help control sand dunes, fight desertification, and mitigate pollution.

Public parks remain a cornerstone of Kuwait’s environmental efforts, offering diverse green spaces across the country.Kuwait has consistently affirmed its commitment to regional and international environmental agreements and has actively collaborated with global organizations in this field. In this context, Sami Dimassi, United Nations Environment Programme (UNEP) representative and Regional Director for West Asia, praised Kuwait’s commitment to developing responsive strategies and action plans that address urgent environmental needs.

He highlighted the progress Kuwait has made in promoting environmental initiatives and sustainable development. Ghada Al-Taher, UN Resident Coordinator in Kuwait, lauded the country’s active role in environmental sustainability and its participation in initiatives addressing critical issues such as desertification, water scarcity, and biodiversity loss. Kuwait ratified the United Nations Framework Convention on Climate Change (UNFCCC) in 1995 and the Kyoto Protocol in 2005 and has consistently participated in global climate summits.At the Middle East Green Initiative Summit 2022 in Sharm Al-Sheikh in Egypt, Kuwait reaffirmed its full commitment to the initiative’s outcomes-marking a key regional turning point in climate action and a foundation for regional collaboration in combating climate change. — KUNA

 

 

 

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New technique offers hope for shoulder injuries in Kuwait

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KUWAIT: In a medical first for Kuwait, a surgical team at Farwaniya Hospital successfully repaired a chronic shoulder tendon tear using a biological patch, offering new hope to patients with severe tendon damage. The groundbreaking procedure was performed entirely through arthroscopy, a minimally invasive surgical technique that avoids open surgery. According to the team, the use of a biological graft significantly speeds up recovery and enhances shoulder function in cases where traditional tendon repair would not be possible.

“We performed a repair for a patient with a chronic tendon tear that had been present for over a year,” said Lead Surgeon Dr Bader Albesharah in an interview with KTV which aired on Monday. “The tendons were severely damaged — they had turned from fibrous tissue into fatty layers — so conventional methods couldn’t work.”

Rotator cuff tears, like the one treated in this case, are common – affecting about one in three people over the age of 60. While surgical repair is often effective, studies show that full tendon healing occurs in only about 60 percent of cases, even with advances in surgical techniques and implants. This has prompted surgeons around the world to explore new strategies to improve outcomes – one of which is the use of biological patches to support the healing process.

Instead, the team used a biological patch, which acts as a scaffold for new tendon tissue to form. “The patch provides an excellent environment for a new tendon to grow,” Dr Albesharah explained. “It supports tendon healing and helps restore joint function more quickly and effectively.”

Biological patches, also known as extracellular matrix (ECM) grafts, are made from human or animal tissue that has been processed to support tendon regeneration. They’re designed to integrate into the body’s tissue, promoting blood flow and delivering proteins that help new tendon fibers grow. In rotator cuff surgeries, these patches act like scaffolding, reinforcing weak or damaged areas and increasing the likelihood of successful healing. The innovative technique is especially beneficial for patients with chronic conditions like diabetes, cardiovascular issues, or other metabolic disorders that compromise tendon health.

“In advanced cases, even if you try to reattach the tendon using traditional methods, it won’t hold. There’s just no viable tissue left,” said Dr Albesharah. “But with the biological patch, a new, strong tendon can form. After about a year, the body absorbs the patch naturally.”

The patient is currently undergoing physiotherapy and is expected to fully recover and return to normal life. “The operation was a success, and the patient was discharged the next day,” Dr Abdullah Al-Dha’eena told KTV. “She will wear an arm sling for a month while continuing physical therapy, then gradually resume daily activities.”

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