site.news_by_theme Oil

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 марта 2016, 20:17

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

• 03 марта 2016, 00:17

Amid falling oil prices and tenge exchange rate fluctuations, experts are wary to predict Kazakhstan's future.

• 22 января 2016, 16:54

Iran announced a major boost in oil production on Monday after the lifting of sanctions under its nuclear deal.

• 19 января 2016, 14:13

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

• 28 декабря 2015, 19:46

Inflation in Kazakhstan reached 12.8% in the end of November. National Bank's Akishev names tenge depreciation the main driver.

• 28 декабря 2015, 16:46

Turkish Internet servers are suffering a powerful cyber attack from abroad, slowing banking services and fanning fears.

• 25 декабря 2015, 15:26

Energy-rich Azerbaijan, whose economy has been hit hard by falling oil prices, withdrew support Monday for its embattled currency and the manat plunged by nearly a third against the dollar.

• 22 декабря 2015, 15:29

European benchmark Brent crude slid to an 11-year low on Monday as oil prices resumed their slide in an oversupplied global market facing the prospect of renewed US exports.

• 21 декабря 2015, 13:49

Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates face regional divisions, but will struggle to find common ground.

• 09 декабря 2015, 18:21

Kazakhstani national companies will soon be facing a major restructuring.

• 25 ноября 2015, 15:27

Minister of National Economy Yerbolat Dossayev announced the increase of inflation corridor from 6-8 percent to 8-10 percent for 2015.

• 23 ноября 2015, 15:03

The project is likely to be regarded as ad addition to the current economic growth model that has been recently shaped: S&P’s Associate Director Karen Vartapetov.

• 20 октября 2015, 15:50

Kazakhstan is to construct its fourth oil refinery in cooperation with Iran and China.

• 17 октября 2015, 17:03

OPEC is confident that the oil market will be "more balanced" next year as non-OPEC production has contracted and global demand is increasing.

• 12 октября 2015, 13:42

Oil production in Kazakhstan in 2014 stood at 73.7 million tons. The three Kazakhstan-based oil refineries produced a total of 3.02 million tons of petrol.

• 02 октября 2015, 13:12

10th Eurasian KazEnergy Forum has gathered 2000 participants for three days in Kazakhstana's Astana city.

• 01 октября 2015, 20:11

Kurmangazy Iskaziev has been appointed the new General Director (CEO) of the Kazmunaigas Exploration and Production

• 29 сентября 2015, 19:28

After declining for months to announce her position on a major Canada-to-US oil pipeline, Democratic presidential hopeful Hillary Clinton said Tuesday that she is opposed to the controversial project.

• 23 сентября 2015, 14:11

General Director of KazMunayGas Exploration Production JSC (KMG EP) Abat Nurseitov has resigned from his post.

• 10 сентября 2015, 17:57