ASTANA – Kazakhstan shipped the first crude oil produced at the Kashagan field to Baku to deliver through the Baku-Tbilisi-Ceyhan (BTC) pipeline on Jan. 27, reported KazMunayGas’s (KMG) press service.

Kazakhstan is rapidly developing its nuclear power capabilities while also exploring fracking for shale oil, aiming to boost economic growth and address energy deficits.

Oil prices were under pressure this week, but the looming threat of U.S. tariffs on Canada and Mexico could send them spiking next week.

The Executive Board of the International Monetary Fund (IMF) concluded the 2024 Article IV consultation [1] with the Republic of ...

Globally, the average price of gasoline around the world is 1.25 U.S. Dollars (1941.46 Naira) per litre, with a substantial difference in these prices among countries.The differences in prices across ...

After having a stellar start to the year, oil prices have slipped again as US President Donald Trump called on the world’s largest producers to lower prices. This makes next week’s meeting of the ...

The real-time price of Brent crude oil is at $76.40 per barrel, and the price of WTI crude oil is at $73.81 per barrel. Oil prices are customarily quoted in dollars (USD) around the world, not only in ...