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kazakhstan oil

Light Crude Oil Deposits Discovered in Atyrau Region of Kazakhstan

On Tuesday, January 24, the Energy Ministry of Kazakhstan reported of a finding of a light crude oil and natural gas deposit. The deposit...
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US Flash January Manufacturing PMI Hits 22-Month High, Exports Subdued

The Markit flash US PMI manufacturing index rose to 55.1 for January from 54.3 the previous month. This was above consensus expectations of a...

UK April-December Public Sector Borrowing Requirement Declines 14%

The UK public sector net borrowing requirement, excluding public sector banks, declined to £6.9bn for December 2016 from £7.3bn in December 2015 and the...

UK Government Loses Supreme Court Ruling, Parliament Will Vote on Article 50

The UK Supreme Court ruled by an 8-3 margin that the UK government does not have power to trigger Article 50 and start EU...

Eurozone January PMI Little Changed, Strong Gain in Employment

The Markit Eurozone flash manufacturing PMI reading for January increased to 55.1 from 54.9 the previous month. This was slightly above consensus expectation of...

German Manufacturing PMI Hits 36-Month High, Services Sector Falters

The Markit flash German PMI manufacturing index strengthened to 56.5 for January from 55.6 the previous month. This was above expectations of 55.5 and...

Japan Flash Nikkei PMI Approaches Three-Year High in January

A preliminary indicator of Japanese manufacturing conditions strengthened in January, a sign of steady recovery in the nation's factory sector.The flash Markit/Nikkei flash manufacturing...

Turkmenistan Tirelessly Searching for New Markets for Its Energy

Turkmenistan, which holds the world’s fourth largest proven natural gas reserve, looks to further its energy export ambitions. This requires the addition of new...

OPEC Expects No Bad Surprises from US Shale Oil Production

Members of the Organization of Petroleum Exporting Countries (OPEC) are unfazed by the prospects of increased shale oil output from the United States brought...

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