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10 days of record

10 days of record

Gazprom sets the new historical highs for ten consecutive days

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Died Gian Marco Moratti, oil businessman

Died Gian Marco Moratti, oil businessman

81 years old, he was head of the Saras family oil company active in Russia with Rosneft  

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ENI ship blocked off Cyprus leaves

ENI ship blocked off Cyprus leaves

Will drill elsewhere says Cypriot minister

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Rising prices

Rising prices

During the first month of 2018, oil prices increased as OPEC and non-OPEC producers respected the cuts

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Kazakhstan launches online platform to monitor greenhouse gas emissions

Kazakhstan launches online platform to monitor greenhouse gas emissions

The Kazakh Ministry of Energy and the World Bank recently launched an online platform to monitor and report greenhouse gases (GHG) emission sources

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Development Bank of Kazakhstan funds wind energy farm to open in 2019

Development Bank of Kazakhstan funds wind energy farm to open in 2019

The Development Bank of Kazakhstan (DBK) is financing CATEC Green Energy’s construction of a wind power plant near the capital. The initial section, with a capacity of 50 megawatts, will be completed by mid-2019

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Russia-OPEC production cuts helping oil market rebalance, says energy minister

Russia-OPEC production cuts helping oil market rebalance, says energy minister

Russia, Saudi Arabia and other key oil producers agreed to cut output, helping the fragile market recover from 2014-2016 lows. This shows the countries can cooperate when necessary

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Green energy to satisfy electricity demand in East Kazakhstan

Green energy to satisfy electricity demand in East Kazakhstan

Solar installations, wind generators and a hydroelectric power station will be launched this year in the East Kazakhstan region

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The changing trend in oil prices

The changing trend in oil prices

There have been many bullish factors in recent months. Following the OPEC/non-OPEC agreement, the positive trend has been driven by the weakness of the American dollar, the fall in U.S. stocks and the suspension of several supply sources due to the closing down of a number of oil wells

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Oil hits highest level since 2015 as Russian-Saudi output cuts bring result

Oil hits highest level since 2015 as Russian-Saudi output cuts bring result

Brent crude has surpassed $68 per barrel for the first time since May 2015. Oil prices have been buoyed by information that joint production cuts between Russia and Saudi Arabia-led OPEC are working

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