On 22 June 2018, oil ministers from the so-called “OPEC+” countries – which refers to the Organization of Petroleum Exporting Countries members and an alliance
Tag: Kazakhstan
Market Update: The World’s Oil Output Rises Again
The oil prices have recently dropped after the United States increased its production level to the highest since March 2015 while Russian oil was also
Market Update: Another 9 Months of Oil Production Freeze Approved
Saudi Arabia and non-OPEC Russia have decided to extend production cuts by another 9 months till March 2018 with the aim to tame the global
Non-OPEC Countries Still Unwilling to Curb Oil Production
Non-OPEC producers yesterday (30 October) refused to commit themselves – in the face of pressure from the members of the Organization of the Petroleum Exporting
Market Analysis: Troubles in Potash Market Might Last for Years
According to Russian billionaire Andrey Melnichenko, the unfavorable conditions in the potash market might take at least a decade to deal with the excess and
A Common Energy Market in the Eurasian Economic Union
Maria Pastukhova and Kirsten Westphal (Stiftung Wissenschaft und Politik) On 1 January 2015, a new integration grouping – the Eurasian Economic Union (EEU) – was
Oil-Exporting Countries to Tap into Sovereign Funds to Balance Budgets
Energy-exporting countries, which have put away billions of dollars in sovereign investment funds, may now be forced to draw on their “savings” as oil revenue
Eurochem Kicks Off Phosphate Ore Production in Kazakhstan
Russian Fertilizer Company EuroChem has started phosphate ore production at its new Kok-Jon phosphate rock mine located at the Jambyl region, Kazakhstan. The EuroChem project
Kazakhstan to Help Ease EU’s Energy Dependence on Russia
The Central Asian region has a strategic geopolitical location, an enormous economic and energy potential and abundant wealth of resources that represent an important factor
EuroChem Invests US $7 Bln in Two New Potash Mines
Russian fertilizer giant EuroChem is busy working to enhance its global standing in the fertilizer industry. To reach its goals and ambitions, the company is