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Podcast
Columbia Energy Exchange

Transition in the Oil Sector

Guest

Sheikh Nawaf Saud Nasir Al-Sabah

CEO Kuwait Foreign Petroleum Exploration Company (KUFPEC)

Host Jason Bordoff speaks with Sheikh Nawaf Saud Nasir Al-Sabah, the CEO of the Kuwait Foreign Petroleum Exploration Company (KUFPEC), the international upstream and wholly-owned subsidiary of the State-owned Kuwait Petroleum Corporation (KPC). Jason and Sheikh Nawaf discussed:

  • New KUFPEC projects in Norway and Thailand
  • Transitions in oil-reliant economies including the Aramco IPO and Saudi Arabia’s Vision 2030
  • Reactions to the new U.S. administration
  • The potential for more integration in global gas pricing
  • The role of renewables in the energy sector.
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The Impact of the New US Oil Tariffs on Venezuela 

Steps by the second Trump administration show it is taking a tougher stance against the regime of Nicolas Maduro. Trump recently issued an executive order that could levy a 25 percent tariff on countries that directly or indirectly import Venezuelan oil starting on April 2, and it has modified Chevron’s oil license to operate in the South American nation.

Blog by Luisa Palacios • April 1, 2025
The Impact of the New US Oil Tariffs on Venezuela 
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