Oil & Gas ≡ Today’s latest news in category Oil & Gas

Brent oil $45 a barrel as markets await US relief bill

ANKARA. KAZINFORM - Price of Brent crude oil was steady just above $45 per barrel on Tuesday as markets await the US relief bill to stimulate the American economy against the novel coronavirus (COVID-19), Anadolu Agency reports.

World News > World News

11.08.2020 18:55

Kazakhstan to fulfill its obligations under OPEC + agreement

TURKESTAN. KAZINFORM - A meeting of the OPEC + Joint Monitoring Committee was held on July 15, this was reported by the press service of the Ministry of Energy of the Republic of Kazakhstan.

для ANSA

16.07.2020 09:18

OPEC daily basket price stands at $43.44 a barrel Wednesday

VIENNA. KAZINFORM The price of OPEC basket of thirteen crudes stood at US$43.44 a barrel on Wednesday, 8th July 2020, compared with $43.15 the previous day, according to OPEC Secretariat calculations.

Economy > Oil and Gas

09.07.2020 19:55

Oil down with more COVID-19 cases in key US states

ANKARA. KAZINFORM Crude oil prices were down on Tuesday as the rising number of new coronavirus (COVID-19) cases in some key US states is dampening the outlook for oil demand in the country.

Economy > Oil and Gas

07.07.2020 18:20

Brent oil price exceed $ 43 per barrel on ICE Exchange in London

MOSCOW. KAZINFORM The cost of a September futures for Brent crude oil on the ICE exchange in London rose by 2.86% to the closing level of the previous session and reached $43.23 per barrel, according to trading data at 9:28 pm Moscow time.

World News > World News

03.07.2020 14:08

EBRD ensures sustainable operations of KazTransGas

NUR-SULTAN. KAZINFORM - Kazakhstan's drive towards a low-carbon and climate-resilient economy by cutting the use of coal-fired power stations and reducing greenhouse gas emissions by up to 25 per cent by the end of 2030 will receive a boost following the approval of a new financing facility from the European Bank for Reconstruction and Development (EBRD) to KazTransGas, the operator of the national gas transportation system, ebrd.com reports.

Economy > Economy

01.07.2020 18:24

Gush of oil appears at exploration block in Mangistau rgn

MANGISTAU REGION. KAZINFORM – The first gush of oil appeared in the course of geological exploration at the Bekturly Vostochny exploration block in Mangistau region, Kazinform reports with the reference to the press service of KazMunayGas JSC.

Regions > Mangystau region

23.06.2020 19:09

In 2nd half of 2020, Kazakhstan to continue to reduce oil production

NUR-SULTAN. KAZINFORM - Government of the Republic of Kazakhstan adopted a Decree «On Introducing Temporary Restrictions on the Use of Subsoil Sites for Medium, Large and Gigantic Fields Proportionally to Export Volumes,» Kazinform has learnt from primeminister.kz.

Economy > Oil and Gas

23.06.2020 18:02

ICE London Brent oil up above $ 43/barrel

MOSCOW. KAZINFORM The cost of futures for Brent crude oil for delivery in August 2020 on the ICE exchange in London increased by 2.2% to the closing level of the previous session and reached $ 43.1 per barrel, according to trading data on Moscow evening.

World News > World News

23.06.2020 11:00

Price of Brent crude oil rises on London's ICE trading above $42 per barrel

LONDON. KAZINFORM - The price of futures contracts of Brent crude oil for August 2020 delivery went up by 1.3% on London's ICE on Friday reaching the figure of $42.05 per barrel.

World News > World News

19.06.2020 13:03

OPEC daily basket price stood at $35.06 a barrel Friday

VIENNA. KAZINFORM The price of OPEC basket of thirteen crudes stood at $35.06 a barrel on Friday, 12th June, 2020, compared with $36.55 the previous day, according to OPEC Secretariat calculations.

Economy > Oil and Gas

15.06.2020 17:42

Tengiz oilfield extends quarantine regime

ATYRAU. KAZINFORM - The quarantine has been extended by 14 days through June 26 at the Tengiz oilfield, Kazinform correspondent reports.

Top Story

12.06.2020 20:17

OPEC daily basket price stood at $36.55 a barrel Thursday

VIENNA. KAZINFORM The price of OPEC basket of thirteen crudes stood at $36.55 a barrel on Thursday, compared with $37.46 the previous day, according to OPEC Secretariat calculations.

Economy > Oil and Gas

12.06.2020 19:51

Brent oil price falls below $38 per barrel at ICE in London

MOSCOW. KAZINFORM - The cost of an August futures for Brent crude oil on the ICE Exchange in London accelerated the decline and fell to $37.94 per barrel, which is 9.1% down since the closure of the previous trading session. This is according to the data as of 7:29 pm Moscow time.

World News > World News

12.06.2020 09:16

OPEC daily basket price stands at US$37.09 a barrel Tuesday

VIENNA. KAZINFORM The price of OPEC basket of thirteen crudes stood at US$37.09 a barrel on Tuesday, 9th June, compared with US$38.89 the previous day, according to OPEC Secretariat calculations.

Economy > Oil and Gas

10.06.2020 15:12

Moody's revises Brent oil price outlook to $35/barrel in 2020

MOSCOW. KAZINFORM - The average Brent oil price will drop to $35 per barrel in 2020, the international rating agency Moody's says.

World News > World News

10.06.2020 08:54

Brent crude jumps over $43 per barrel for first time since March

MOSCOW. KAZINFORM - The price for Brent crude futures for August 2020 supply at London’s ICE exchange has risen by 1.7% to reach $43.02 be the end of the session, the trading data at 01:58 Moscow time shows.

World News > World News

08.06.2020 14:09

Brent oil passes $40 a barrel with OPEC cut hopes

ANKARA.KAZINFORM Brent crude was trading above $40 per barrel on Wednesday with hopes that OPEC would deepen or extend its oil production curb next week and with a forecast for a decline in US crude stocks.

Economy > Oil and Gas

03.06.2020 15:04

Global oil consumption to fall by $1 trillion in 2020 due to pandemic, experts say

MOSCOW. KAZINFORM Consumers’ oil expenses will drop by $1 trillion in 2020 to $2.5 trillion as a result of the pandemic-related quarantine measures globally, the International Energy Agency (IEA) wrote in its report on energy investment on Wednesday.

World News > World News

27.05.2020 18:18

Gas transit from Russia to Europe via Poland stopped

MOSCOW. KAZINFORM - Gas transit via the Yamal-Europe pipeline from Russia through Belarus and Poland to Germany has been brought down to zero on Tuesday. According to the results of the previous auction, the Polish section of the pipe was booked only by 3.7% on Tuesday. This is according to the data of operators of European gas pipelines.

Economy > Oil and Gas

26.05.2020 17:13

Oil & Gas

Archive