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 […]
Europe has been weaning itself off Russian crude, refined products, and natural gas in the wake of the war in Ukraine. But the dependency on Russia’s vast nuclear industry has been more complicated. Russia, through […]
The Caspian Pipeline Consortium (CPC), which handles the transportation and exports of most of the crude oil pumped in Kazakhstan, is ready to transport more crude to the export terminals on the Black Sea, CPC’s […]
Central Asia’s largest cities have a major smog problem. Coal-fired power plants and aging vehicles are the sources of pollution. The political will to combat air pollution has been weak, but public awareness is growing. […]
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