KAZINFORM

Energy

Shanghai-based renewable energy company eyes to expand its business in Azerbaijan BAKU. KAZINFORM - China’s Universal Energy company is planning plans to expand its business in Azerbaijan to further support the transition of energy structure, the company official told Trend.az.

17.09.2020 11:04

Hydrogen could disrupt, reshape global energy value chains: GMIS-2020 HANNOVER. KAZINFORM The push to develop hydrogen as a significant energy source is likely to disrupt and reshape global energy value chains and create opportunities for more countries to play a significant role, according to speakers at the Virtual Edition of the Global Manufacturing and Industrialisation Summit (#GMIS2020) held on September 4-5.

06.09.2020 12:19

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.

11.08.2020 18:55

Kazakhstan extends ban on importing fuel and lubricant materials NUR-SULTAN. KAZINFORM - Kazakhstan has extended a ban on the import of fuels and lubricants, Kazinform correspondent reports with the reference to the press service of the Kazakh Ministry of Energy.

15.07.2020 14:25

France's oldest nuclear power plant shuts down PARIS. KAZINFORM France’s oldest power plant Fessenheim went offline at midnight on Monday after 40 years of operation, the state-owned energy company EDF announced.

01.07.2020 10:36

Kazakhstan developing target-oriented ‘green energy’ in Karaganda BAKU. KAZINFORM - Active and target-oriented work is currently underway to develop 'green energy' in Kazakhstan’s Karaganda region, a representative of the regional akimat (administrative center) told Trend.az.

26.06.2020 10:18

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.

19.06.2020 13:03

Electricity production grew by 3% in Kazakhstan NUR-SULTAN. KAZINFORM - Electricity tariffs rose by 1.5% per year in Kazakhstan, Kazinform reports citing energyprom.kz.

18.06.2020 14:42

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.

12.06.2020 09:16

Zhambyl rgn develops alternative energy sources TARAZ. KAZINFORM Governor of Zhambyl region Berdibek Saparbayev surveyed a new wind mill farm in Talass district, the regional administration’s press service reports.

05.06.2020 12:43

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.

27.05.2020 18:18

Brent oil price exceeds $36 per barrel for the first time since April 9 MOSCOW. KAZINFORM - The price of a July futures contract for Brent oil on the London Stock Exchange ICE rose by 4.3% and reached $36.14 per barrel, according to the trading data as of 4:54 pm Moscow time.

21.05.2020 09:22

Oil prices up with surprise decline in US crude stocks ANKARA. KAZINFORM - Oil prices were up on Thursday with a surprise decline in US crude oil inventories and a fall in gasoline stocks that exceeded market expectations.

14.05.2020 15:43

IEA predicts 6% fall in global energy demand, record decline in CO2 emissions in 2020 PARIS. KAZINFORM Overall global energy demand will fall 6 percent in 2020 – seven times the decline after the 2008 global financial crisis, according to the International Energy Agency, IEA.

01.05.2020 10:43

Barrel of US oil nosedives below $0 in historical first WASHINGTON. KAZINFORM - The price for a barrel of West Texas Intermediate crude oil sharply curtailed Monday, falling into negative territory for the first time in history as demand continues to collapse on measures meant to keep individuals at home amid the coronavirus pandemic.

21.04.2020 16:13

Kazakhstan among top 15 countries with cheapest petrol rates NUR-SULTAN. KAZINFORM – Kazakhstan is among the top 15 countries with the cheapest petrol rates in the world, Kazinform has learnt from ranking.kz.

16.04.2020 11:35

Oil price after OPEC+ deal to stay within $30-40 per barrel - Lukoil vice-president MOSCOW. KAZINFORM - Lukoil hails the results of the oil production cuts deal between OPEC+ and a number of other nations, the company’s vice -president and co-owner, Leonid Fedun, said on Saturday. Kazinform has learnt from TASS.

12.04.2020 14:34

Mexican president says US to help Mexico meet required oil production cuts MEXICO CITY. KAZINFORM - Mexican President Andres Manuel Lopez Obrador announced on Friday that U.S. President Donald Trump has agreed to help Mexico comply with cuts to oil production required by the Organization of Petroleum Exporting Countries (OPEC).

11.04.2020 10:42

Brent crude price drops to $31.16 per barrel MOSCOW. KAZINFORM - The cost of futures for Brent crude oil with settlement in June 2020 fell by 9.5% to $ 31.16 per barrel in the course of trading on the ICE Exchange in London, according to trading data as of 01:11 Moscow time.

06.04.2020 11:07

Belarus expects to get 2m tonnes of Russian oil at $4 per barrel in April MINSK. KAZINFORM - Belarus expects to receive two million tonnes of Russian oil at about $4 per barrel, Belarusian Prime Minister Sergei Rumas told reporters on 2 April, BelTA has learned.

02.04.2020 22:46

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