AGP Executive Report
Last update: 8 hours agoEnergy: Brent climbed above $115 a barrel after a reported attack on a major Saudi refinery renewed supply fears. OPEC+ producers, including Kuwait, are expected to keep December quotas unchanged. Shipping: Maersk set a $2,000 surcharge for qualifying contract cargo to Kuwait and four other Gulf destinations, with new rates taking effect from November 9 for most origins. Infrastructure: Work has begun on Kuwait’s $3.3 billion North Kabd wastewater plant, while local firm Specialities Construction won a $78 million Al Mutlaa City contract. Investment: Kuwait could attract about $16 billion in investment in 2026, driven in part by the Shaheen project, an oil-sector initiative. Manufacturing: EQUATE Group’s MEGlobal became the first US ethylene glycol producer to earn ISCC carbon-footprint certification, giving customers independently audited product emissions data.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.