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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May 14, 2018

The fuel reserves in most of the Russian regions exceed the standard value of 10 days

The Ministry of Energy of Russia held a regular meeting of the headquarters for monitoring the production and consumption of petroleum products

May 11, 2018

Kazakh National Chamber of Entrepreneurs to fight energy price increases

The existence of 160 energy transmission companies increases energy transportation costs by at least 50 percent

May 10, 2018

Russian gas sales to EU hit record high

European countries boosted imports of Russian gas to unprecedented levels in April with overall supplies in 2018 expected to climb above 200 billion cubic meters for the first time ever

May 10, 2018

Smart Tran, Kazakhstan develops smart oil transportation programme

A unique digital technology to transport oil through main pipelines

May 5, 2018

Beyond the penalties: ExxonMobil continues collaboration with Rosneft

Due to the imposed limitations, the company has already lost around 200 million dollars

May 4, 2018

Kazakh conversion to solar after Expo 2017

Mangistau’s first 2-MW solar power plant launches operations

Apr 29, 2018

ENI Q1 profit 946 mn, adjusted 978

‘Excellent results’ says Descalzi

Apr 23, 2018

Estonia, Denmark and Romania countries less dependent on foreign countries

EU imports 53.6% of energy consumed. East European under EU average

Apr 19, 2018

Snam wins the tender to acquire 66% of the Greek operator Desfa

From Greek Agency for privatizations ok to offer of 535 million

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Feb 26, 2018

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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Feb 24, 2018

ENI ship blocked off Cyprus leaves

Will drill elsewhere says Cypriot minister

Feb 16, 2018

Rising prices

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

Feb 12, 2018

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

Feb 1, 2018

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

Jan 24, 2018

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

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

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

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