Economy

5a54d050200000140057d25bIt’s been more than 1,000 days since oil prices first started to drop from a high of more than $100 a barrel in 2014.

55072041.cms dde44 1ae08A majority tribunal at the International Centre for Settlement of Investment Disputes (ICSID) awarded Caratube International Oil Company LLP (Caratube) USD 39.2 million plus interest for the unlawful expropriation of its oil contract rights by Kazakhstan.

20171127 Kazakh grain article main imageNew infrastructure helps ex-Soviet grain exporters reach Asian markets

kzneftDespite being the second-largest oil producer and exporter in the former Soviet Union, only behind Russia, Kazakhstan has been historically plagued by chronic deficits of fuel for domestic consumption. National energy security is at the top of the country’s priority list, yet little progress has been made since independence to address this concern.

1C8F38FB 89B8 4C4F BF63 BB27B6E9EE70 w1023 r1 sThe United States has unveiled criminal charges against five people accused of involvement in a bribery scheme to help British defense giant Rolls-Royce win energy-related contracts in Kazakhstan, Azerbaijan, and other countries.

20171006 Kazatomprom article main imagePrivatization drive confronts wariness about state intentions

Huawei staffInterpol, the international police organization, has just concluded its annual meeting in Beijing.

DIMONDSBEAntwerp World Diamond Centre , Servais Verherstraeten, Axel Haelterman, Raf Verstraeten, Catherine Degoul, Patokh Chodiev, diamonds, Kazakhgate

b 350 250 16777215 00 images caspian sea mapIn a move presented as glorious and spectacular, oil companies from Russia (Rosneft), China (CNPC), Kazakhstan (Kazmunaygas), Azerbaijan (SOCAR) and Italy (Eni) have teamed up to form a consortium for the exploration and exploitation of what is expected to be a new “giant” located in the very heart of the northern Caspian tectonic structure.

metalkzCommodity prices have found a “new normal” but copper is doing much better.


 

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