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Saudi oil minister says OPEC strategy working
Saudi oil minister says OPEC strategy working

OPEC's strategy of not cutting production in order to maintain market share is working, Saudi Arabia's oil minister said.

Saudi oil minister says OPEC strategy working
Photo courtesy of the press service of Kazakhstan's Foreign Ministry.
Kazakhstan and Germany sign energy cooperation agreement

Kazakhstan’s Centre for Energy Saving and Increasing Energy Efficiency and DENA (German Energy Agency) signed a partnership agreement in Berlin, Germany.

Kazakhstan and Germany sign energy cooperation agreement
©REUTERS
Serial production of electric vehicles in Kazakhstan postponed

Serial production of electromobiles has been postponed for an unspecified period of time, though promises were made of a quick launch.

Serial production of electric vehicles in Kazakhstan postponed
Emilio Lozoya, Chief Executive Officer of PEMEX. ©RIA Novosti
Mexico's Pemex oil firm posts $17.7 billion loss

Mexico's state-owned energy firm Pemex posted a $17.7 billion loss for 2014, hit by falling crude prices, fuel thefts by gangs and the peso's drop against the dollar.

Mexico's Pemex oil firm posts $17.7 billion loss
©REUTERS
Moody's downgrades ratings for scandal-hit Petrobras

International ratings agency Moody's said it had downgraded all ratings for scandal-plagued Brazilian oil giant Petrobras.

Moody's downgrades ratings for scandal-hit Petrobras
G20 'determined' to lift growth but rifts remain
G20 'determined' to lift growth but rifts remain

The world's top 20 economies expressed determination to raise global growth but struggled to overcome divisions over the most suitable methods .

G20 'determined' to lift growth but rifts remain
Chinese expansion in Kazakhstan's energy field?
Chinese expansion in Kazakhstan's energy field?

China has been increasing its presence in the oil and gas sector of Kazakhstan. There is no consensus on whether this is a positive or a worrying development.

Chinese expansion in Kazakhstan's energy field?
Photo ©  RIA Novosti
Kazakhstan's environmental standards for TPP three times behind Europe

The environmental requirements for thermal power plants in Kazakhstan are two or three times lower than in Europe.

Kazakhstan's environmental standards for TPP three times behind Europe
Energy Minister Vladimir Shkolnik
Kazakhstan’s Energy Minister refutes sales of oil refinery by his son

To my best knowledge, he hasn’t been buying or selling anything in the last three years”, the Minister told journalists on the sidelines of the sitting in the country’s Majilis (lower chamber).

Kazakhstan’s Energy Minister refutes sales of oil refinery by his son
Photo courtesy of autocentre.ua
Russia's cheap gas may shut down Kazakhstani oil refineries: Minister of Energy

Cheap gas from Russia can put a stop to the work of Kazakhstan’s oil refineries.

Russia's cheap gas may shut down Kazakhstani oil refineries: Minister of Energy
EXPO-2017 logo
IRENA and KAZENERGY sign memorandum in preparation of EXPO 2017

KAZENERGY has agreed on joint projects and activities with IRENA ahead of the EXPO-2017 to be held in Kazakhstan's Astana.

IRENA and KAZENERGY sign memorandum in preparation of EXPO 2017
Kazakhstan lifts secrecy from nuclear-related activities
Kazakhstan lifts secrecy from nuclear-related activities

Kazakhstan is launching a nuclear power development initiative. Its first move is to change the legislation.

Kazakhstan lifts secrecy from nuclear-related activities
Photo courtesy of m-astana.kz
Pipeline havoc at Kashagan: no losses for Kazakhstan, no refund for NCOC

Production at Kashagan field remains halted for an unspecified time; the need to replace pipes threatens the future of the oil project.

Pipeline havoc at Kashagan: no losses for Kazakhstan, no refund for NCOC
Photo courtesy of vesti.kz
Kazakhstan bans fuel export

Kazakhstan has introduced a half-year ban on export of fuel outside the territory of the Customs Union.

Kazakhstan bans fuel export
Photo © RIA Novosti
Kazakh National Fund grows despite drop in oil prices: Minister of Finance

Despite the drop in oil prices, Kazakhstan’s National Fund continues to grow.

Kazakh National Fund grows despite drop in oil prices: Minister of Finance
Photo courtesy of science.d3.ru
Kazakhstan, Netherlands to cooperate in solar energy development

Dutch Minister of Economic Affairs has arrived in Kazakhstan to discuss cooperation with the Kazakh side in developing solar energy.

Kazakhstan, Netherlands to cooperate in solar energy development
Photo courtesy of clashot.com
Kazakhstan PM Massimov calls energy security one of greatest challenges of modern time

Prime Minister of Kazakhstan Karim Massimov said that energy security was one of the major challenges faced by the global community and that Kazakhstan was working hard to contribute to overcoming of this global issue.

Kazakhstan PM Massimov calls energy security one of greatest challenges of modern time
Sanctions-hit Putin visits India to boost energy, trade ties
Sanctions-hit Putin visits India to boost energy, trade ties

Russia's President will hold talks with India's new prime minister as his sanctions-hit country seeks to strengthen energy, defence and strategic ties in Asia.

Sanctions-hit Putin visits India to boost energy, trade ties
Chairman of CAEPCO JSC Board of Directors Alexander Klebanov (top) and Vice President of ALSTOM Philippe Romieu (bottom) signed the memorandum of understanding
French ALSTOM to help modernize Kazakh power sector

French multinational ALSTOM and Kazakhstan's largest private power generating company CAEPCO have signed a memorandum of cooperation and understanding to modernize the power sector of Kazakhstan.

French ALSTOM to help modernize Kazakh power sector
Turkey wants share of Mediterranean energy wealth: PM
Turkey wants share of Mediterranean energy wealth: PM

Turkish Prime Minister said his country wanted a share of the energy deposits off the shores of Cyprus, an issue that has strained ties with both Nicosia and Athens.

Turkey wants share of Mediterranean energy wealth: PM