Jan 18, 2018

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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Jan 12, 2018

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

Jan 10, 2018

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

Jan 9, 2018

US has to buy Russian natural gas as consumer prices soar

Russia will deliver liquefied natural gas (LNG) to the US, Kommersant daily reports. The reason for the deal is the

Jan 3, 2018

Russia’s oli friendship with China makes crude costly for Europe

Europe’s set to be stuck with a higher oil bill as Russia shifts more of its supply to the Chinese oil market

Dec 11, 2017

Oil and currency trends

Rising oil prices, up to the highest levels since mid-2015. Trends in light of the 2018 extension of the OPEC / non-OPEC agreement signed in November 2016 and expiring on March 31, 2018

Nov 20, 2017

Rising oil prices

US tight oil output growth, falling global stocks and a higher demand for oil forecast for 2017 are among the factors behind the upward trend in prices

Oct 18, 2017

Upward trend in oil prices

In September, oil prices significantly increased at around $4/b. In particular, Brent North Sea quality opened at $52.75/b and closed at $56.68/b,

Sep 18, 2017

The oil price conundrum

Between ups and downs, the month of August has seen a re-balancing of oil markets, with the main qualities on a downward trend and OECD stocks dropping

Aug 28, 2017

A hot summer for oil

On the one hand, there is progress, albeit slight, on crude oil prices and the strengthening of the euro against the U.S. dollar; on the other, there is America’s new sanctions strategy to curtail Russian exports

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Jan 11, 2017

Rosneft and CNPC agreed to increase oil supplies to China

Russian Rosneft and China’s CNPC signed an additional agreement extending the contract on oil supplies to China vis Kazakhstan

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Jan 4, 2017

Glencore, QIA close deal on purchase of Rosneft stake

In early Dec., Rosneftegaz and a consortium incorporating the QIA and Glencore signed an agreement for the sale of 19.5% of Rosneft stake for EUR10.2 bln

Dec 20, 2016

Gazprom may lose it’s Turkey largest private importer of Russian Gas

Russia’s Gazprom can lose its largest asset in Turkey after it was de facto nationalized

Dec 16, 2016

10% stake purchase in SIBUR named China’s largest investment in Russia in 2016

Silk Road Fud called its purchase of minority equity share in Russia’s major gas group SIBUR China’s largest deal of the year

Dec 13, 2016

Kazakhstan, Iran to cooperate in renewable energy projects

A cooperation agreement on construction of several renewable energy plants was reached at joint economic committee meeting in Tehran

Dec 13, 2016

Russia, Iran sign agreement for oil field studies

Gazprom Neft signs deal with National Iranian Oil Company on development of two oil fields in the Western Iran

Dec 12, 2016

Oil price and consequences of OPEC’s agreement

OPEC’s new oil output cap is opening up a new scenario: by mid-2017, we could witness an oil market rebalancing

Dec 6, 2016

Ankara ratifies Turkish Stream project

Turkey’s President Recep Tayyip Erdogan signs a bill ratifying Turkish Stream gas pipeline project

Dec 1, 2016

Russia keeps with oil price forecasts unchanged despite OPEC deal

On Wednesday, OPEC agreed to an historic production cut of 1.2 mln barrels per day, with Russia to reduce its daily output by 300,000 barrels

Nov 29, 2016

Indonesia to sign final deal with Rosneft on construction of oil refinery

Indonesia’s Ministry of Energy and Mineral Resources: construction works of oil refinery to be launched in 2019

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