Kazakhstan is ready for international cooperation in development of sustainable energy to find solutions to the energy crisis.
Read More »Turkey and Azerbaijan Agree to New Gas Pipeline
In the newly signed contract. Azerbaijan’s share of the oil will be 75 per cent. and bonus payments by foreign investors will reach $3.6 billion.
Read More »Schlumberger Announces New Digital Well Construction Planning Solution
The DrillPlan solution will be available in North America land operations in fourth-quarter 2017.
Read More »Why US `Will Never Be Able` to Replace Russia in EU Gas Market
The US is especially concerned over the Nord Stream 2 project and has been strictly opposing its implementation.
Read More »BP Files for New York IPO of Pipeline Assets
The move comes as BP re-evaluates its portfolio in the wake of a dramatic slump in oil prices three years ago.
Read More »OPEC Sees Higher Oil Demand. Signs of Tighter Market
OPEC estimated supply from non-OPEC countries next year would rise by 1 million bpd.
Read More »Is Russia Pushing Saudi Arabia Out of Asia?
The CEFC deal will see the Chinese company buy most of the 19.5-percent stake in Rosneft that Glencore bought last year in a partnership with the Qatar Investment Authority.
Read More »Extending the OPEC Cuts Deal: An Option or A Must?
Unless a miracle happens and fundamentals change miraculously. an extension is a must and not just an ``option.``
Read More »PGSR Aims Export of Crude Oil Derivatives
Foreign firms urge us to provide them with either government or non-government guarantees. neither of which is possible for PGSR.
Read More »Saudi Arabia. UAE. Venezuela Open to Extending Oil Production Cuts
Trio plus Kazakh agree to keep all options open including the possible extension of output cuts beyond next March.
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