The story
Founded by Kuwait in 1960.1
Established in October 1960 as a share-holding company owned by the Kuwait government and private sector, KNPC became fully government-owned in 1975. Since 1968 the company had been exporting petroleum products from its Shuaiba Refinery. In April 2017, Kuwait closed the Shuaiba refinery, which was one of the oldest oil facilities in the region. In 1980, following the restructuring of the oil sector in Kuwait, KNPC was placed under the newly created Kuwait Petroleum Corporation (KPC), which was also government owned. In this revised structure, KNPC took control of distributing petroleum products within Kuwait, along with the ownership of the Mina Ahmadi and Mina Abdullah refineries. On 20 March 2026, Iran sent drones that attacked and damaged units in the Mina Al-Ahmadi refinery, as part of the 2026 Iran war.
From Wikipedia’s article on Kuwait National Petroleum Company, shared under CC BY-SA 4.0.4