Nobel peace prizewinner Rae Kwon Chung offered Kazakh authorities to create an eco-city fully maintained by alternative sources of energy.
World oil prices declined on November 22 due to the uncertainty of investors regarding the possible outcome of a meeting of OPEC in Vienna.
World oil prices continue to rise. This is evidenced by the electronic trading data.
An alarming trend in oil companies reducing investments in the E&P sector in recent annual report by the International Energy Agency.
Oil prices on the rise joining the positive movement on equities markets despite a new forecast from producing countries for 2017.
Kazakhstan's state oil company KazMunaiGas on Wednesday threatened to seek international arbitration against Bucharest.
US oil giant Chevron announced Tuesday a $36.8 billion expansion project in Kazakhstan, the first major investment since the oil-price rout.
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
Saudi Arabia expressed confidence that oil prices will keep recovering.
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".
French oil and gas company Total officially launched a project off Britain's remote Shetland Islands.
The 100,000 residents of the Canadian city of Fort McMurray were ordered to leave town as a monster wildfire swept through the region.
Saudi Arabia will take a $10 billion loan from foreign banks to help close the gap in its state finances from collapsed oil revenues.
Oil plunged Monday a day after top producers failed to reach a deal in Doha to cap output.
US energy giant ExxonMobil is facing an onslaught from environmentalists and some shareholders including the Rockefeller Family Fund.
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.
Ukrainian Prime Minister Arseniy Yatsenyuk intends to introduce a ban on oil product imports from Russia.
Israel advised its citizens to leave Turkey citing the potential for jihadist attacks.
Brazil's former president Luiz Inacio Lula da Silva is warning that the Petrobras corruption probe is paralyzing the Brazilian economy.
Now authorities across ex-Soviet Central Asia are facing an unexpected legitimacy test as falling oil prices and Russia's recession.
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