Turkey has connected its gas grid to Syria’s and plans to begin supplying gas for power generation in the coming weeks, according to Turkish Energy Minister Alparslan Bayraktar.
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.
In response to rising summer electricity consumption, Egypt signs import agreements covering 290 shipments of liquefied natural gas, involving major international firms, with financial terms adjusted to the country’s economic constraints.
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.
Italiana Petroli, in negotiations with three potential buyers, is expected to finalize the total sale of the group for around €3 billion by late June, according to several sources close to the matter speaking to Reuters on Thursday.
Advances in enhanced and closed-loop geothermal systems are drawing growing interest from governments and tech giants, despite critical cost reductions still needed for competitiveness.
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.
COP29 marks a milestone for carbon markets with the adoption of crucial rules for Article 6 of the Paris Agreement. These advancements promise transparency and attractiveness for international carbon credits.
At COP29 in Baku, NGOs criticized the G20 for lacking leadership on energy transition. Despite progress on climate finance, the absence of commitments on fossil fuels provoked sharp disappointment.
Masdar and SOCAR Green have closed the financing for two solar parks with a total capacity of 760 MW in Azerbaijan, a strategic project valued at USD 600 million and supported by multiple international financial institutions.
COP29 in Baku highlights the massive presence of fossil fuel representatives. Between lobbying and energy necessity, the debate on their role in the climate transition intensifies.
At COP29, TotalEnergies CEO Patrick Pouyanné defended the oil industry's commitment to reducing methane emissions, emphasizing the importance of gradual progress in addressing the climate crisis.
At COP29, six countries joined an ambitious declaration to triple global nuclear capacity by 2050, bringing the number of signatories to 31, backed by major financial institutions.
Despite growing calls to reduce hydrocarbon production, a report by the NGO Urgewald reveals that the oil and gas industry has invested an average of $61.1 billion annually in exploration over the past three years.
OPEC+ recorded an increase of 30,000 barrels per day in October, marked by Libya’s production surge and Kazakhstan’s reduction. Compliance remains a key challenge for the group.
At COP29, Azerbaijan urges negotiators to swiftly adopt Article 6 rules, a critical issue for international carbon credit markets. Talks are intensifying in Baku, but obstacles remain.
As Russian and Kazakh refineries resume operations following maintenance periods, the energy market anticipates potential effects on fuel supply. Uncertainty remains around gasoline exports in Russia.
Facing growing energy demand due to a record-breaking summer, Japan reports a surge in coal imports, exploring new suppliers to secure its electricity needs.
Just days before COP29, the International Energy Agency (IEA) sounds the alarm: progress in energy efficiency remains well below the goals set in 2023, jeopardizing the reduction of fossil fuel usage.
During Kazakh President Kassym-Jomart Tokayev's visit to Paris, Emmanuel Macron strengthened the strategic partnership between France and Kazakhstan, offering French expertise to support the development of civilian nuclear energy in Kazakhstan.
As COP29 approaches in Azerbaijan, tensions emerge as climate ambitions clash with economic realities, and vulnerable nations express growing impatience.
Saudi Arabia, Russia, and six other OPEC+ countries extend their production cuts by 2.2 million barrels per day until the end of December to support oil prices weakened by uncertain demand.
As COP29 approaches, a UN report highlights that current climate commitments will not suffice to limit global warming to 1.5°C, endangering economies and human lives.
Faced with a shortage of gasoil affecting service stations in its central provinces, Iraq is turning to Kazakhstan to obtain 20 million cubic meters of natural gas to stabilize its energy supply.
The international operator of Kashagan urges QazaqGaz to prioritize the construction of processing facilities, as oil production growth projects are delayed.
Orano Begins Extending Its Georges-Besse II Plant in Tricastin, Aiming to Boost Uranium Enrichment Capacities and Strengthen Its Position Against Rosatom, the Russian Sector Leader.
