Jan 22, 2019

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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Jan 8, 2019

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.

Dec 14, 2018

Construction launched on Saryarka gas pipeline

Kazakh President  Nazarbayev launched construction on the Saryarka gas pipeline

Dec 10, 2018

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.

Dec 6, 2018

Russia & OPEC poised to cut oil production

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

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

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.

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Oct 2, 2018

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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Sep 17, 2018

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

Aug 23, 2018

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

Aug 1, 2018

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

Jul 24, 2018

Rosneft sees oil at $80 by Christmas

Rosneft’s chief executive Sechin expects Brent could reach US$80 a barrel by this year’s end

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

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

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