Found: 37

Eni has started supplying oil from Kazakhstan via the Druzhba pipeline.

... 2024, the Italian company Eni, through its subsidiary Agip Caspian Sea, began supplying Kazakh oil to Germany via the Druzhba pipeline. Sergey Tereshkin, CEO of OPEN OIL MARKET, noted that supplies through the CPC infrastructure are more convenient for Kazakhstan; however, the use of Druzhba is necessary due to the need to bypass infrastructure limitations. He also emphasized that oil production in Kazakhstan has decreased by 50,000 barrels per day from December 2023 to July 2024, which could impact ...

Why Azerbaijan Lost the Transit of Kazakh Oil

Why Azerbaijan Lost the Transit of Kazakh Oil? Analyzing the Reasons and Possible Consequences for the Region. Kazakhstan has decided to route all its oil exports through Russia, abandoning the competing Azerbaijani pipeline route. Why did Astana have to take such a step? Kazakhstan has decided to route all its oil exports through the CPC (Caspian Pipeline Consortium) ...

What Is Uranium and Why Is It So Important?

... Largest Uranium Reserves Australia: Holds the largest known uranium reserves, about 28% of the world’s total, primarily in South Australia and the Northern Territory. Despite its vast reserves, Australia produces uranium in relatively low volumes. Kazakhstan: Second in reserves and first in uranium production, contributing about 40% of the world’s supply. Kazakhstan has a developed mining sector and is a key uranium exporter. Canada: Contains about 9% of global uranium reserves and is the third-largest ...

Who will get access to the Ukrainian pipeline instead of Gazprom?

... newspaper Vzglyad. The article examines who could replace Gazprom in gas transit through Ukraine after the contract ends in December 2024. Ukraine will not extend the agreement but is ready to accept and transport gas from Central Asia, such as from Kazakhstan and Azerbaijan. However, transit through Ukraine could also be beneficial for Russia, as it helps fulfill contracts with European countries and address strategic objectives, such as gas supplies to Iran. Details are discussed in the article ...

OPEC+ vs Trump: Why Oil Prices Aren't Dropping and What Threats Against Russia Have to Do With It

... prices upward. Forbes investigated why the cartel is ramping up production, who has captured its market share, and what to expect from the main buyers of Russian oil. On Sunday, August 3, eight OPEC+ countries (Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman) decided to increase oil production in September by 547,000 barrels per day (bpd), maintaining the same level as in August. In a statement, OPEC announced that the decision is based on "stable prospects for the global ...