President Tokayev participates in Foreign Investors' Council working meeting NUR-SULTAN. KAZINFORM – Head of State Kassym-Jomart Tokayev held a working meeting with heads of oil and gas companies – members of the Foreign Investors’ Council via videoconference. During the meeting, participants discussed in details the measures on further development and ways to boost investment attractiveness of the country’s oil and gas sector, Kazinform has learnt from the Akorda press service.
Oil up over demand hopes as US crude, gasoline stocks signal recovery ANKARA. KAZINFORM -Oil prices rose on Friday over rising demand euphoria after US crude and gasoline oil inventories recorded huge falls although the lack of consensus at the latest OPEC+ meeting is leaving oil markets without direction, Anadolu Agency reports.
Belarus signs agreement on oil deliveries from Kazakhstan MINSK. KAZINFORM A Belarusian-Kazakh intergovernmental agreement on trade and economic cooperation in the area of deliveries of oil and oil products to Belarus was signed in Kazakhstan's capital on 28 June as a result of negotiations between Prime Minister of Belarus Roman Golovchenko and Kazakhstan Prime Minister Askar Mamin, BelTA learned from Belarusian First Deputy Minister of Foreign Affairs Aleksandr Guryanov.
Turkey's gas discoveries in Black Sea could cut annual import bill by $6B ISTANBUL. KAZINFORM Turkey's gas discoveries in the Black Sea will reduce the country's annual gas import bill by $6 billion with a 20 billion cubic meters (bcm) production per year, the head of the Natural Gas Distribution Companies Association of Turkey (GAZBIR) said on Friday.
Price of Brent crude oil down below $66 per barrel first time since April 28 MOSCOW. KAZINFORM The price of futures contracts of Brent crude oil for July 2021 delivery has dropped by 4.24% to $65.8 per barrel on London's ICE, diving below the $66 per barrel level for the first time since April 28, 2021, according to the trading data as of 5:30 pm Moscow time.
Kazakhstan produced more than 1.5 mln tons of petroleum NUR-SULTAN. KAZINFORM «For the past January-April Kazakhstan produced more than 4.1 mln tons of oil products that is 105,4% to the plan, including 1.5 tons of petroleum, the plan is 105% complete,» Kazakh Energy Minister Nurlan Nogayev said at today’s Government.
Kazakh President charges to improve reliability of western region’s electric power system ATYRAU. KAZINFORM Pursuant to the Kazakh President’s task the scheme for strengthening transit ties between the country’s western regions and their integration with the country’s united energy system is being developed.
Belarus discovers 8 new oil deposits over past five years GOMEL. KAZINFORM Eight new oil deposits have been discovered in Belarus over the past five years, Deputy Director General for Geology at the Belarusian industrial group Belorusneft Piotr Povzhik told a press conference on 8 April, BelTA has learned.