KATCO, a joint venture between Orano and Kazatomprom, has started operations at the South Tortkuduk site, backed by a $190mn investment, targeting a production capacity of 4,000 tonnes per year by 2026.
South Korean company YPP and Kazakh Invest have signed a framework agreement for the development of a green hydrogen production project in Kazakhstan, with investments potentially reaching $3.1 billion.
Asia dominated global new renewable energy capacity in 2024 with 71% of installations, while Africa recorded limited growth of only 7.2%, according to the latest annual report from IRENA.
The Russian company InterRAO anticipates a 4% annual reduction in electricity exports, primarily impacted by a significant decrease in shipments to China due to limited hydroelectric production and rising domestic demand.
CNOOC Limited’s Hong Kong subsidiary and KazMunayGas have concluded a nine-year exploration and production contract covering nine hundred and fifty-eight square kilometres in Kazakhstan, sharing investment and operations equally.
Kazakhstan has selected Rosatom and China National Nuclear Corporation to build two nuclear power plants totaling 2.4 GW, a decision following a favorable referendum and coinciding with Xi Jinping’s upcoming strategic visit.
Blue Sky Uranium’s Ivana mining project in Argentina could begin production within three years, backed by an initial $35mn investment and an annual output capacity of 1.5 million pounds of uranium.
Masdar and Samruk-Kazyna are collaborating to develop renewable energy and storage projects in Kazakhstan, targeting 500 MW of baseload energy and up to 2 GW of storage capacity.
Chevron reports a sharp decline in quarterly results, impacted by weak refining margins, stable production and exceptional charges in the United States and the United Kingdom.
Despite turbines priced 30 to 40% lower, Chinese manufacturers struggle to overcome credibility barriers hindering their progress in the European wind sector.
Iraq and the United Arab Emirates have submitted compensation plans to OPEC+ to offset their production surplus in February, amid falling crude prices and the gradual reduction of cuts planned for April.
Kazakhmys, the leading copper producer in Kazakhstan, partially suspends its operations after the death of eight workers. The company is conducting an inspection of its facilities to ensure operational safety.
Kazakh President Kassym-Jomart Tokayev has established a new agency to oversee nuclear energy, appointing Almassadam Satkaliyev as its head. This structure aims to enhance the country’s energy security and support its long-term nuclear ambitions.
Jordan is developing its uranium industry with a feasibility study aimed at securing funding. A strategic partnership with a Kazakh company supports this initiative as the country seeks to exploit its resources locally.
Kyrgyzstan, Kazakhstan, and Uzbekistan team up to construct the Kambar-Ata-1 hydroelectric plant, a Soviet-era project revived to address energy and water shortages in Central Asia. The $3.5bn initiative requires international investment.
A drone attack on the Caspian Pipeline Consortium (CPC) threatens to disrupt Kazakhstan's oil exports. Vladimir Putin urges foreign partners, including Chevron, to fund the necessary repairs.
An agreement was signed in February 2025 between Kazakhstan and Hungary to enhance oil exports from Kazakhstan via the Druzhba pipeline. This development could change the energy dynamics in Central Europe.
Kazatomprom will supply natural uranium concentrate to Switzerland for the first time under a contract with Axpo. This transaction aligns with Switzerland's strategy to secure energy supplies amid declining Russian gas deliveries.
The European Investment Bank (EIB) is partnering Bhutan in a project supported by the EU's Global Gateway initiative, aimed at diversifying the country's renewable energy sources.
The latest OPEC+ data show a slight rise in production in March, despite Saudi efforts to ensure strict compliance. S&P Global's analysis points to a potentially volatile market.
OPEC+ countries with overproduction in the first quarter of 2024 must submit their compensation plans by April 30, a move designed to stabilize the market.
The expansion of Canada's Trans Mountain pipeline could redefine the flow of crude oil to Asia in the second quarter of 2024, offering new opportunities for arbitrage and source diversification, economic conditions permitting.
Despite the geopolitical tensions of 2023, Kazatomprom is asserting itself with its crucial contribution to global uranium supply, essential for low-carbon nuclear energy.
TotalEnergies is strengthening its presence in solar power for businesses, aiming to decarbonize and empower their energy with ambitious feed-in contracts for 2030.
Uzbekistan accelerates its energy transition with the inauguration of two solar power plants, marking a decisive turning point towards a sustainable future.
