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

Kazakhstan bans export of liquefied petroleum gas

NUR-SULTAN. KAZINFORM The Kazakh Energy Minister decreed on October 7 to impose a ban on export of liquefied petroleum gas to CIS by road for a period of three years, the Ministry’s press service informs. Previously, the same ban was imposed in 2017 for a term of three years.

Politics > Government

13.10.2020 20:44

Oil production reached 64.7mln tons in Kazakhstan year to date

NUR-SULTAN. KAZINFORM – 64.7 tons of oil have been produced in Kazakhstan in the nine months period, Nurlan Nogayev, Kazakh Energy Minister said, Kazinform correspondent reports.

Economy > Oil and Gas

13.10.2020 12:41

Brent crude oil down below $39 per barrel first time since June 16

MOSCOW. KAZINFORM The price of December Brent crude oil futures contract on London’s ICE fell by 4.79% to $38.97 per barrel on Friday. The last time Brent was traded below $39 per barrel on June 16, 2020.

Economy > Oil and Gas

02.10.2020 22:25

OPEC daily basket price stood at $42.98 a barrel Friday

VIENNA. KAZINFORM The price of OPEC basket of thirteen crudes stood at US$42.98 a barrel on Friday, 18th September, 2020, compared with $42.07 the previous day, according to OPEC Secretariat calculations.

Economy > Oil and Gas

21.09.2020 16:37

OPEC considers market prospects for Q4- 2020, into 2021

VIENNA. KAZINFORM The 22nd Meeting of the Joint Ministerial Monitoring Committee (JMMC) took place via videoconference on Thursday 17 September 2020, under the Chairmanship of HRH Prince Abdul Aziz Bin Salman, Saudi Arabia’s Minister of Energy, and Co-Chair Alexander Novak, Minister of Energy of the Russian Federation.

Economy > Oil and Gas

18.09.2020 19:29

OPEC daily basket price stood at $39.35 a barrel Tuesday

VIENNA. KAZINFORM The price of OPEC basket of thirteen crudes stood at US$39.35 a barrel on Tuesday, 15th September 2020, compared with $38.96 the previous day, according to OPEC Secretariat calculations.

World News > World News

16.09.2020 22:18

Gas processing plant to be built in Atyrau rgn

ATYRAU REGION. KAZINFORM – The plant that is about to be built in Atyrau region is set to process 1 billion cubic meters of gas, Kazinform correspondent reports.

Regions > Atyrau region

16.09.2020 14:55

OPEC ready to regulate global oil market for another 60 years, says Secretary General

MOSCOW. KAZIFORM - The Organization of the Petroleum Exporting Countries (OPEC) celebrates its 60th anniversary on Monday and plans to retain the role of stabilizer on the global oil market for another at least six decades, Secretary General Mohammad Barkindo said in his speech published on the website of the OPEC Secretariat, TASS reports.

World News > World News

14.09.2020 17:15

OPEC daily basket price stood at $46.27 a barrel Monday

VIENNA. KAZINFORM The price of OPEC basket of thirteen crudes stood at US$46.27 a barrel on Monday, 31st August, compared with US$45.33 the previous Friday, according to OPEC Secretariat calculations.

Economy > Oil and Gas

01.09.2020 16:10

Oil and gas sector to fuel Indian post-COVID-19 growth

NEW DELHI. KAZINFORM The oil and gas industry where India has extensive collaboration with Gulf and other Arab petroleum exporting countries, has become an engine of economic revival, as India begins to manage and recover from the COVID-19 pandemic.

Economy > Oil and Gas

26.08.2020 13:19

Kazakhstan to produce 86 mln tons of oil in 2021

NUR-SULTAN. KAZINFORM «Oil production in Kazakhstan in 2021 will make 86 mln tons growing up to 100,7 mln in 2025,» National Economy Minister Ruslan Dalenov told the Government meeting.

для ANSA

25.08.2020 10:00

Turkey discovers major Black Sea natural gas reserves

ANKARA. KAZINFORM The president of Turkey on Friday announced the discovery of major natural gas reserves in the Black Sea.

Economy > Oil and Gas

21.08.2020 20:18

Oil prices up as OPEC+ vows for strict compliance

ANKARA. KAZINFORM Brent crude oil prices climbed on Friday after OPEC+ reassured the markets that it will strictly cut its total oil production by the determined level of 7.7 million barrels per day.

Economy > Oil and Gas

21.08.2020 16:28

Oil prices down as US stocks fall less than expected

ANKARA. KAZINFORM Brent crude oil prices were down Thursday, as major oil producers warned against a prolonged economic recovery and stifled demand while the US oil stocks decreased less than market expectations.

Economy > Oil and Gas

20.08.2020 20:52

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.

Coronavirus

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

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