Kazakhstan’s recent referendum approved the construction of a nuclear power plant, but the selection of the builder remains a complex geopolitical decision. Russia’s Rosatom is a leading contender, with a strong track record in building […]
As global investors look beyond traditional markets, Kazakhstan is emerging as a compelling destination. Its strategic advantages, rich natural resources, and business-friendly environment are attracting investor interest worldwide. Beneath the surface lies a complex […]
OPEC’s crude oil production fell in April, according to a new Reuters survey, with news of the fall likely to add support to falling oil prices. According to the survey, the results of which were […]
Kazakhstan, a non-OPEC oil producer part of the OPEC+ agreement, will consider building an oil pipeline in the Caspian Sea, Russian news agency Interfax reported on Thursday, quoting Kazakhstan’s Energy Ministry. The country is also considering the […]
A major development led by Chevron Corp. to boost oil output at Kazakhstan’s Tengiz field will cost about $48.5 billion, according to people familiar with the matter. The US oil giant said at its third-quarter […]
OPEC and its allies will maintain their tight grip on oil supply, with several members on March 3 announcing extensions of their voluntary production cuts that had been scheduled to expire at the end of […]
(Bloomberg) – Iraq and Kazakhstan pledged compliance with new OPEC+ oil targets after failing to fully cut production as promised last month. The Organization of the Petroleum Exporting Countries in Vienna, Austria. (Photographer: Andrey Rudakov/Bloomberg) […]
The vulnerability of Kazakhstan’s vital oil and gas sector to the nation’s crumbling electricity network was exposed this week when a major power outage hit the west of the country with widespread repercussions for export […]
Relevant agreements were reached today at a meeting in Astana between Samruk-Kazyna group of companies and China National Petroleum Corporation (CNPC). From the Kazakh side, the negotiations were led by the head of the Fund, Nurlan […]
Kazakhstan has proposed a new international gas pipeline project to deliver natural gas resources to its eastern regions. The pipeline would connect Russia and China and is expected to increase Russia’s share in the Chinese […]
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