NUR-SULTAN, Kazakhstan - Construction of the integrated gas-chemical complex Kazakhstan Petrochemical Industries in western Kazakhstan is half completed, the press service of the Samruk-Kazyna Foundation said on 25 November.
“The project will be completed by...
In Nizhny Novgorod, LUKOIL President Vagit Alekperov and the envoy of the Russian Federation President to the Volga Federal District, Igor Komarov, and Nizhny Novgorod Region Governor Gleb Nikitin discussed on 18 November the...
Russian gas monopoly Gazprom said on 19 November that start-up and commissioning process is in its final stage at the TurkStream or Turkish Stream gas pipeline, which is going to be brought into operation...
Iranian President Hassan Rouhani on 20 November claimed victory after a deadly crackdown by security forces on protests over gasoline price rises, blaming Iran’s foreign enemies.
“The Iranian people have again succeeded at an historic...
Russian gas monopoly Gazprom said on 18 November that the company submitted to Naftogaz of Ukraine an official proposal signed by Gazprom CEO Alexey Miller to extend the effective contract or sign a new...
NUR-SULTAN, Kazakhstan – Kazakhstan’s Energy Ministry expects to receive more than a previously agreed deal with Karachaganak Petroleum Operating (KPO) international consortium, Kazakhstan’s Energy Vice Minister Murat Zhurebekov said on 20 November.
“We want to...
NUR-SULTAN, Kazakhstan - A new oil field was discovered in southern Kazakhstan, the spokeswoman for the Kazakh Ministry of Ecology, Geology and Natural Resources, Samal Ibraeva, told New Europe on 19 November.
According to Ibraeva,...
A surprise drop in US crude inventories and comments from Organization of the Petroleum Exporting Countries (OPEC) Secretary General Mohammad Barkindo about lower-than-expected US shale production growth in 2020 boosted crude oil prices on...
NUR-SULTAN, Kazakhstan - The Atyrau Oil Refinery began shipping the first batch of unleaded gasoline Ai-92 of ecological class K5 to European markets, the press service Kazakhstan’s Energy Ministry said on 14 November. The...
NUR-SULTAN, Kazakhstan - Gas production over 10 months of this year amounted to 46.3 billion cubic metres with an increase of 1.5% compared to the same period in 2018, Kazakhstan’s Energy Ministry said on...
There is a gap between the ever-higher amounts of greenhouse gas emissions being produced and the insufficiency of stated policies to curb those emissions in line with international climate targets, the International Energy Agency...
The European Union Council adopted on 11 November a framework for restrictive measures in response to Turkey's "unauthorized drilling activities in the Eastern Mediterranean".
"The framework will make it possible to sanction individuals or entities...
The European Union, France, Germany and Britain have said on 11 November that they are "extremely concerned" by Iran's decision to re-start nuclear activities at one of its key sites, in breach of the...
Iranian President Hassan Rouhani announced on 10 November in a speech in the desert city of Yazd that his country has discovered a new oil field in the country’s south with over 50 billion...
The Nord Stream-2 pipeline, which late last month obtained a permit to construct its planned pipeline system in the Danish Exclusive Economic Zone (EEZ) southeast of Bornholm, is now ready to complete the final...
Brussels cast a thin Italian-flavoured political lifeline to North Macedonia’s Prime Minister Zoran Zaev over the last ten days, something sorely needed after Zaev had badly managed his public reactions in the period immediately...
The British government has announced that it is imposing a moratorium on fracking over earthquake risks, ending shale gas plans in the UK.
The amount of actual production that was going to come out from...
Saudi Aramco, the world’s largest integrated oil and gas company, wholly owned by the Government of the Kingdom of Saudi Arabia, announced on 3 November in a press release the company’s intention to proceed...
NUR-SULTAN, Kazakhstan - Kazakhstan Energy Minister Kanat Bozumbayev said on 6 November he believes that the new budget of the Tengiz expansion project is too high and should be reviewed.
He said it is too...
Greece’s Energean Oil and Gas announced on 4 November the successful appraisal of the Karish North Discovery, confirming best estimate recoverable resources of 25 billion cubic metres plus 34 million barrels of light oil...
The fact that Nord Stream-2 could be operational in early 2020 puts additional pressure to reach a successful conclusion of EU-Ukraine-Russia gas talks, Oxford expert tells NE
The Nord Stream-2 pipeline obtained on 30 October...
The European Union is disappointed that there was no “positive progress” during the trilateral meeting on Russian gas transit via Ukraine to Europe on 28 October, European Vice President for Energy Union Maroš Šefčovič...
Incoming new EU Commission may be keener on negotiations to resolve regional East Med problems
LIMASSOL, Cyprus – The possible resumption of the dormant peace talks when Cypriot President Nicos Anastasiades and Turkish Cypriot leader...
NUR-SULTAN, Kazakhstan - Belarus and Russia will discuss conditions for transporting Kazakh oil to Belarus through Russian territory in the near future, Belarus President Alexander Lukashenko told reporters on 25 October after talks with...
NUR-SULTAN, Kazakhstan - Kazakhstan will increase oil production from 90 million tonnes in 2020 to 100 million tonnes in 2024, Kazakh Minister of National Economy Ruslan Dalenov said on 23 October.
According to him, an...
Canada's incumbent Prime Minister Justin Trudeau won a closely fought election on 21 October and will now have to form a minority government after his Liberal party secured 157 seats in the 338-seat parliament.
Trudeau...
NUR-SULTAN, Kazakhstan - Negotiations between Kazakhstan and Kyrgyzstan on the possible export of Kazakh gasoline and oil are still ongoing, Kazakhstan's Energy Minister Kanat Bozumbayev said on 22 October.
“We have not yet got consensus...
NUR-SULTAN, Kazakhstan - The North Caspian Operating Company (NCOC) consortium, whose shareholders are Kazakhstan’s Kazmunaygas (16.88%), Royal Dutch Shell, US’ ExxonMobil, France’s Total and Italy’s ENI (16.81% each), as well as Chinese CNPC (8.33%)...
The European Investment Bank (EIB) on 15 October postponed taking a decision to next month on whether to phase out lending to fossil fuels, following objections from the European Commission and some EU Member...
Saudi Arabia is expected to greenlight a small initial public offering of Aramco, a company that is valued by the Kingdom at $2 trillion but experts believe it is closer to $1,5 trillion.
The listing...
Russia and Germany discussed in Moscow on 9 October issues related to supplies of Russian natural gas to Europe in the period from 1 January 2020, during a meeting of Gazprom CEO Alexey Miller...
Russia’s largest independent gas producer announced on 10 October that Arcticgas, a joint venture between Novatek and PAO Gazprom Neft, commenced commercial production at the East-Urengoyskoye+North-Esetinskoye field within the Samburgskiy license area, with estimated...
LUKOIL President Vagit Alekperov and Komi Republic head Sergey Gaplikov signed Agreement on Cooperation for 2020 – 2024 in the city of Usinsk, on 7 October, the Russian oil company said.
According to the agreement,...
At a trilateral summit between Egypt, Cyprus and Greece in Cairo on 8 October, the leaders of the three countries slammed Turkey's drilling in Cyprus' Exclusive Economic Zone (EEZ).
AP quoted Egypt’s President Abdel-Fattah el-Sissi,...
NUR-SULTAN, Kazakhstan - The project for the construction of a polyethylene production plant should be completed in 2021, Kazakhstan’s Energy First Vice Minister Makhambet Dosmukhambetov said on 3 October.
“The construction of the polypropylene plant...
The meeting between Greece's newly elected Prime Minister Kyriakos Mitsotakis and Turkey’s President Recep Tayyip Erdogan on the sidelines of the United Nations General Assembly in New York on 25 September at a time...
NUR-SULTAN, Kazakhstan - Hydrocarbons will keep a dominant position in the energy market until 2040, OPEC Secretary General Mohammed Barkindo said in the capital of Kazakhstan on 26 September.
“On November 5 this year, OPEC...
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