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KAZAKHSTAN OIL AND GAS
As OPEC+ meets, Iran war hobbles power to shape oil marketOPEC+ ministers are meeting to discuss increasing oil production quotas to combat surging prices, which have doubled since Strait of Hormuz...
Iran condemns US strikes as show of 'bad faith', warns of consequencesIran has condemned US strikes as a breach of trust during peace talks. The US military stated the strikes were defensive. Negotiations are ...
Global Market: Emerging markets face mounting economic pressure amid Iran war disruptionsThe Iran war's economic ripple effect is hitting emerging markets hard, two months on. Rising inflation, trade disruptions, and fiscal stra...
Charting the global economy: Euro area business activity sagsEuro area business activity contracted as the services sector weakened due to the Middle East war, while US retail sales surged, indicating...
Why are oil prices up today, and will US WTI, Brent crude futures continue to rise or fall again? Analysts insights, market outlook and investor guideWhy are oil prices up today, and will US WTI, Brent crude futures continue to rise or fall again? Oil prices rose after a drop in US fuel s...
Why are oil and gas prices up now, and will US WTI, Brent crude futures, British and Dutch gas rates continue to rise or drop again? Strait of Hormuz closure, container ships gunfire attacks, analysts insights, market outlook, investor guideWhy are oil and gas prices up now, and will US WTI, Brent crude futures, British and Dutch gas rates continue to rise or drop again? Oil an...
Crude spikes past $100/bbl again on reports of gunfire targeting vessels in Strait of HormuzOil prices surged past $100 a barrel after reports of gunfire attacks on three container ships in the Strait of Hormuz. This comes amid ong...
Oil prices turn lower as investors assess outlook for US-Iran peace talksBrent crude futures were down 21 cents, or 0.2%, at $98.27 a barrel at 0039 GMT, after touching $99.38 earlier in the session. West Texas I...
Why are oil and gas prices down today, and will Brent, US WTI crude futures, Dutch and British gas rates drop further or rise again? Here's if oil prices will hit $110 soonWhy are oil and gas prices down today, and will Brent, US WTI crude futures, Dutch and British gas rates drop further or rise again? Oil an...
Developing countries in Europe, Central Asia face slowdown, World Bank saysEconomies in Europe and Central Asia are set for a slowdown this year. A conflict in the Middle East has caused energy prices to surge. Thi...
OPEC+ hikes oil production quotas, issues warningOPEC+ will boost oil production by 206,000 barrels daily from May. The cartel warns that repairing damaged energy facilities from conflicts...
Russia's Orenburg plant restarts taking gas from Kazakhstan field, energy minister saysAfter a recent drone attack that put a hold on its operations, Russia's Orenburg gas plant is back in action, once again sourcing natural g...
PM Narendra Modi launches OVL oil block project in KazakhstanModi launched maiden drilling by ONGC Videsh Ltd in the Satpayev oil block of Kazakhstan where the Indian firm is investing USD 400 million.
India to assess viability of crude oil import from KazakhstanTransporting oil from Kazakhstan will involve taking it to Iran via Caspian Sea or land route.
ONGC Videsh in talks to buy oil, gas blocks in KazakhstanONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), is in talks to acquire more oil and gas blocks in Kazakhs...
- India evinces interest in gas-based fertiliser plants in Kazakhstan
India today evinced interest in setting up gas-based fertiliser manufacturing plants and mining minerals in hydrocarbon-rich Kazakhstan.
- ONGC Videsh Limited buys 25% in kazakh oil block
The deal marks the end of a 16-year pursuit for the block in the Caspian sea which is estimated to have 1.9 billion barrels of crude oil re...
- ONGC, Kazakh oil field to sign agreement in Feb
A peak output of 287,000 barrels per day (14.3 million tonnes a year) is envisaged from the 256 million tonnes of reserves in the field.
- OMEL eyes Kazakh block
Petroleum minister Murli Deora has said ONGC Mittal Energy (OMEL) will soon pick up a stake in the Satpayev block located in the pre-Caspia...
- Punj Lloyd: Face of India in Kazakhstan
With offices in Astana, Almaty, Atyrau and Aksai, Punj Lloyd Kazakhstan, a 100% subsidiary of Punj Lloyd was incorporated in 2002 and has s...