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Oil price rise on Opec-led supply cuts

Oil price rise on Opec-led supply cuts

In addition to the OPEC+ deal and the turmoil in the Latin American country, another bullish factor was a slight depreciation of the dollar and the impression that the Federal Reserve will not implement a strong tightening monetary policy in 2019 as it was previously supposed

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Russia’s Gazprombank Freezes Accounts of Venezuela’s PDVSA

Russia’s Gazprombank Freezes Accounts of Venezuela’s PDVSA

The Kremlin has been among Venezuelan President Nicolas Maduro’s staunchest supporters.

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A new recession is looming

A new recession is looming

To balance the market, global economic powers must implement expansive policies and producer countries must implement the production cuts agreement as soon as possible

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Germany Wobbles on Nord Stream Pipeline

Germany Wobbles on Nord Stream Pipeline

Support in German Chancellor Angela Merkel’s coalition for a  new Russian gas pipeline is slipping.  Pressure from U.S. President Donald Trump starts to bite.

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Construction launched on Saryarka gas pipeline

Construction launched on Saryarka gas pipeline

Kazakh President  Nazarbayev launched construction on the Saryarka gas pipeline

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Kassymbek: Digitising construction, housing will reduce CO2 emissions and heating costs

Kassymbek: Digitising construction, housing will reduce CO2 emissions and heating costs

50,000 heat metering devices have been installed in  the country’s houses. An additional 62,000 units are scheduled to be connected.

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Russia & OPEC poised to cut oil production

Russia & OPEC poised to cut oil production

OPEC’s worst nightmare? Iraq could be next to abandon oil cartel

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Crimea Power Stations in Sanctions Row Could Face New Delay

Crimea Power Stations in Sanctions Row Could Face New Delay

German engineering firm Siemens says Russia clandestinely delivered several of its turbines to Crimea

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IAEA purchases low-enriched uranium for LEU Bank in Kazakhstan

IAEA purchases low-enriched uranium for LEU Bank in Kazakhstan

The International Atomic Energy Agency (IAEA) has signed contracts to purchase low-enriched uranium (LEU) to start operation of a Low-Enriched Uranium Bank in Kazakhstan in 2019.

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Germany Committed to Nord Stream 2 Pipeline Despite Ukraine Crisis

Germany Committed to Nord Stream 2 Pipeline Despite Ukraine Crisis

Germany still wanted to ensure Ukraine would remain a transit country for gas from Russia to Europe.

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