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Russia to Invest USD 50 Billion in Iran’s Oil and Gas Sector

Russia to Invest USD 50 Billion in Iran’s Oil and Gas Sector

The announcement a few hours after the Putin Trump meeting in Helsinki

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Prices rise even after OPEC agreement

Prices rise even after OPEC agreement

In addition to the positive trend, the Vienna agreement has allowed Russia and Saudi Arabia to achieve two fundamental objectives: higher production and consequently higher income

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Wind energy to provide electricity to 10,000 Astana households

Wind energy to provide electricity to 10,000 Astana households

Plans are underway to complete a $242 million, 100MW wind power plant near the capital

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The positive trend continues

The positive trend continues

Among the main factors driving the recent price increases, many geo-political developments, such as the new US sanctions against Teheran, the decrease in American stocks and the case of Venezuela

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Kazakhstan in consultations on easing OPEC oil output reduction agreement

Kazakhstan in consultations on easing OPEC oil output reduction agreement

Kazakhstan is consulting other producers on the potential easing of a 2016 oil output reduction agreement between the Organisation of the Petroleum Exporting Countries (OPEC) and non-OPEC members, Kazakh Energy Minister Kanat Bozumbayev said

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Russian Energy Giants – Gazprom and Rosneft – clash in International Gas Markets

Russian Energy Giants – Gazprom and Rosneft – clash in International Gas Markets

Russian energy major Rosneft is increasingly challenging domestic rival Gazprom in international gas markets, from West Africa to Turkey and even Europe, according to five industry sources with knowledge of the matter

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Direct gas pipeline between Russia and Bulgaria: the proposal of the Bulgarian president

Direct gas pipeline between Russia and Bulgaria: the proposal of the Bulgarian president

The Balkan nation currently gets Russian natural gas by transit through Ukraine and other Gazprom customers in Europe

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Geopolitics of Energy

Geopolitics of Energy

In April, oil prices strongly increased in the wake of the OPEC/non-OPEC deal cuts. Certainly, the rebalancing of the oil market is close to be achieved

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The fuel reserves in most of the Russian regions exceed the standard value of 10 days

The fuel reserves in most of the Russian regions exceed the standard value of 10 days

The Ministry of Energy of Russia held a regular meeting of the headquarters for monitoring the production and consumption of petroleum products

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Kazakh National Chamber of Entrepreneurs to fight energy price increases

Kazakh National Chamber of Entrepreneurs to fight energy price increases

The existence of 160 energy transmission companies increases energy transportation costs by at least 50 percent

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