Dec 5, 2018

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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Dec 4, 2018

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.

Nov 28, 2018

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.

Nov 26, 2018

The balance of power

At the center of the recent slowdown in crude oil prices, Washington’s moves on the international geopolitical chessboard, the confrontation with OPEC and the movements of constant rapprochement between Russia and China

Nov 23, 2018

Gazrprom Plots Gas Pipelines to Bulgaria, Serbia, Hungary and Slovakia

The Bulgarian and Serbian route will reportedly go online in 2020, followed by Hungary in 2021 and Slovakia in mid-2022.

Nov 16, 2018

Kazakhstan supports extending OPEC deal in 2019

Vice Minister of Energy Mirzagaliyev affirmed Kazakhstan’s support for extending OPEC+ output cuts in 2019.

Nov 9, 2018

Kazakhstan, Azerbaijan plan joint oil and gas venture

The two countries are using the Baku-Tbilisi-Ceyhan (BTC) pipeline, a 1,768-km trans-Caspian export pipeline opened in 2005.

Nov 2, 2018

Russian Oil Output Nears All-Time High With October Ramp-Up

Ministers from the so-called OPEC+ group, which brings together Russia, Saudi Arabia and other oil-producing nations, will meet in Abu Dhabi next week, ahead of a key summit scheduled for early December in Vienna.

Oct 29, 2018

Kazakhstan to export gasoline to Kyrgyzstan

“The relevant documents were prepared today. We sent them to our colleagues in Kyrgyzstan and the vice minister will go there this week,” said Bozumbayev.

Oct 22, 2018

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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Jul 23, 2018

Kazakhstan boosts oil, gas, fuel and electricity production

This year, Kazakhstan has increased oil production 6 percent, gas production 6.4 percent and electricity production 7.3 percent

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Jul 18, 2018

Oil and gas lead Kazakh industrial investment growth

Industrial investments reached 2.1 trillion tenge (US$6.1 billion) in the first five months of the year, increasing by 44.2 percent

Jul 16, 2018

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

Jul 9, 2018

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

Jul 3, 2018

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

Jun 19, 2018

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

Jun 4, 2018

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

Jun 4, 2018

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

May 21, 2018

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

May 21, 2018

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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