WFCpQ

Wells Fargo & Company Depositary Shares Representing 1/1000th Interest Perpetual Preferred

23.9300
USD
0.76%
23.9300
USD
0.76%
22.8000 27.6200
52 weeks
52 weeks

Mkt Cap 1.43B

Shares Out 60.00M

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Kuwait to start building world's largest petroleum research centre - oil ministry

May 25 (Reuters) - Kuwait plans to start building the world's largest petroleum research centre by the end of the year, the oil ministry said on Twitter on Wednesday. The Middle East Economic Digest said the project had stalled because of budget pressure, estimating its cost at $120 million. The centre, to be built in al-Ahmadi, south of Kuwait City, will have 28 laboratories. It will seek to develop improved production and refining techniques that can be used by the industry for different applications including the extraction of heavy crude and non-associated gas. (Reporting by Yasmin Hussein, writing by Maher Chmaytelli; Editing by Toby Chopra) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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