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All the Factors behind the Bullish Trend

All the Factors behind the Bullish Trend

The main reasons for the rise in oil prices are the collapse of Lybia’s and Venezuela’s output along with the economic measures imposed against Iranian crude exports. Looking at country data, China and India are still the key drivers

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Russia and Uzbekistan Start Work on Nuclear Power Plant

Russia and Uzbekistan Start Work on Nuclear Power Plant

Project which Moscow estimates will cost $11 billion.

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Puglia discusses, Albania celebrates, Saipem realizes: Tap is done

Puglia discusses, Albania celebrates, Saipem realizes: Tap is done

The Albania-Italy submarine pipeline has been started today. From Azerbaijan to Europe.

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Kazakh government introduces alternative tax on subsoil use

Kazakh government introduces alternative tax on subsoil use

The alternative tax on subsoil use that gives subsoil users an additional opportunity to fulfill their tax obligations. Tax burden is transferred immediately at the time of income receipt.

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World Energy Week in Milan

World Energy Week in Milan

World Trilemma Index assigns triple A for sustainability to Italy.

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New household appliance recycling, discount programme launched to promote energy-efficiency

New household appliance recycling, discount programme launched to promote energy-efficiency

The government of Kazakhstan  offering residents of Astana and Almaty the opportunity to recycle their old household appliances free of charge and get a 10 percent discount on a new energy-efficient refrigerator

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Russian Oil Output Rises to Record as OPEC Cuts Rolled Back

Russian Oil Output Rises to Record as OPEC Cuts Rolled Back

Russia’s production exceeded the previous high of 11.247 million barrels a day reached two years ago

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Oil, positive trend

Oil, positive trend

Price increases had three major drivers: the collapse of Iranian exports, the decrease in US stocks and the depreciation of the dollar

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The bearish effect of geopolitical events

The bearish effect of geopolitical events

As oil prices fall, global demand is expected to grow. Asia is driving the increase in demand thanks to the estimated 900,000 b/d

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Russia to Host the 25th World Energy Congress

Russia to Host the 25th World Energy Congress

The World Energy Council (WEC) has announced that Russia will be the host of the next World Energy Congress held in 2022

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