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design of Masdar, city if the future 
© eco-turizm.net
Nobel prizewinner proposes a new city in KZ

Nobel peace prizewinner Rae Kwon Chung offered Kazakh authorities to create an eco-city fully maintained by alternative sources of energy.

Nobel prizewinner proposes a new city in KZ
© ria.ru
Oil prices fall due to investors uncertainty

World oil prices declined on November 22 due to the uncertainty of investors regarding the possible outcome of a meeting of OPEC in Vienna.

Oil prices fall due to investors uncertainty
© REUTERS
World oil prices continue to rise

World oil prices continue to rise. This is evidenced by the electronic trading data.

World oil prices continue to rise
© Reuters/Atef Hassan
Expert: why oil prices rise to 100 USD per barrel

An alarming trend in oil companies reducing investments in the E&P sector in recent annual report by the International Energy Agency.

Expert: why oil prices rise to 100 USD per barrel
Oil prices gain despite rising OPEC supply forecast

Oil prices on the rise joining the positive movement on equities markets despite a new forecast from producing countries for 2017.

Oil prices gain despite rising OPEC supply forecast
Photo courtesy of rompetrol.com
KazMunaiGas threatens action over Romania refinery seizure

Kazakhstan's state oil company KazMunaiGas on Wednesday threatened to seek international arbitration against Bucharest.

KazMunaiGas threatens action over Romania refinery seizure
©Reuters
Chevron announces $36.8 bn Kazakh oil expansion

US oil giant Chevron announced Tuesday a $36.8 billion expansion project in Kazakhstan, the first major investment since the oil-price rout.

Chevron announces $36.8 bn Kazakh oil expansion
Photo courtesy of Shutterstock
'Enormous' inventories to keep lid on oil price: IEA

A huge overhang in oil stocks will keep a cap on any further oil price rises even as supply and demand move towards balance: IEA

'Enormous' inventories to keep lid on oil price: IEA
OPEC happy with oil market, kingpin Saudi says

Saudi Arabia expressed confidence that oil prices will keep recovering.

OPEC happy with oil market, kingpin Saudi says
Calin Popescu-Tariceanu. Photo courtesy of jurnalistii.ro
Romania's Senate speaker charged with lying in fraud probe

Popescu-Tariceanu is accused of making "declarations not in line with reality" concerning his links with several Romanian and Israeli businessmen who have already been charged, thus "hindering the course of justice".

Romania's Senate speaker charged with lying in fraud probe
Shetland Gas Plant. Photo courtesy of Total.uk
Total launches gas project in Britain's Shetlands

French oil and gas company Total officially launched a project off Britain's remote Shetland Islands.

Total launches gas project in Britain's Shetlands
Wildfire near Fort McMurray. ©Reuters
Canadian city evacuated as huge blaze engulfs homes

The 100,000 residents of the Canadian city of Fort McMurray were ordered to leave town as a monster wildfire swept through the region.

Canadian city evacuated as huge blaze engulfs homes
Saudi to take $10 billion foreign loan

Saudi Arabia will take a $10 billion loan from foreign banks to help close the gap in its state finances from collapsed oil revenues.

Saudi to take $10 billion foreign loan
Oil plummets on Doha failure

Oil plunged Monday a day after top producers failed to reach a deal in Doha to cap output.

Oil plummets on Doha failure
ExxonMobil, Rockefellers face off in climate battle

US energy giant ExxonMobil is facing an onslaught from environmentalists and some shareholders including the Rockefeller Family Fund.

ExxonMobil, Rockefellers face off in climate battle
OPEC warns on oil 'oversupply' ahead of crunch Doha meeting

OPEC warned that the world remains awash with crude ahead of a crunch meeting in Doha to discuss a production freeze to boost the oil price.

OPEC warns on oil 'oversupply' ahead of crunch Doha meeting
Oil pipes. ©REUTERS / Sergei Karpukhin
Ukraine adds Russian oil import ban to growing trade war

Ukrainian Prime Minister Arseniy Yatsenyuk intends to introduce a ban on oil product imports from Russia.

Ukraine adds Russian oil import ban to growing trade war
Israel advises citizens to leave Turkey citing attack risk

Israel advised its citizens to leave Turkey citing the potential for jihadist attacks.

Israel advises citizens to leave Turkey citing attack risk
Brazil debates economic cost of corruption investigation

Brazil's former president Luiz Inacio Lula da Silva is warning that the Petrobras corruption probe is paralyzing the Brazilian economy.

Brazil debates economic cost of corruption investigation
©Turar Kazangapov
Central Asia strongman regimes challenged by stuttering economy

Now authorities across ex-Soviet Central Asia are facing an unexpected legitimacy test as falling oil prices and Russia's recession.

Central Asia strongman regimes challenged by stuttering economy