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KazMunaiGas threatens action over Romania refinery seizure Kazakhstan's state oil company KazMunaiGas on Wednesday threatened to seek international arbitration against Bucharest.

28 July 2016

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.

08 July 2016

'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

14 June 2016

OPEC happy with oil market, kingpin Saudi says Saudi Arabia expressed confidence that oil prices will keep recovering.

02 June 2016

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".

25 May 2016

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

16 May 2016

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.

04 May 2016

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.

20 April 2016

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

18 April 2016

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.

18 April 2016

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.

13 April 2016

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.

06 April 2016

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

28 March 2016

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.

28 March 2016

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.

14 March 2016

Weakest return for Norway sovereign wealth fund since 2011 The world's biggest sovereign wealth fund, Norway's public pension fund, posted a 2.7-percent return in 2015 owing to real estate and the global stock market recovery.

09 March 2016

Putin says agreement sealed with Russian oil firms to freeze output Russian President Vladimir Putin said Wednesday that he had sealed a pact with the country's oil majors to freeze production.

03 March 2016

Tenge slides 100% in 5 months; what next for Kazakhstan? Amid falling oil prices and tenge exchange rate fluctuations, experts are wary to predict Kazakhstan's future.

22 January 2016

Iran boosts oil production by 500K, condemns new sanctions Iran announced a major boost in oil production on Monday after the lifting of sanctions under its nuclear deal.

19 January 2016

Kazakhstan National Bank explains tenge depreciation and equilibrium rate Kazakh National Bank Governor Akishev talks about mechanisms behind depreciation of the tenge and central bank’s role in shaping Kazakhstan

28 December 2015

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