Energy

Kazakhstan stabilizes oil output following CPC pipeline disruptions

Crude oil production in Kazakhstan has been stabilized following a series of infrastructure disruptions on the Caspian Pipeline Consortium (CPC) network, Kazakh Energy Minister Yerlan Akkenzhenov announced while congratulating industry workers on their upcoming professional holiday.

White House sends Saudi nuclear deal to Congress

U.S. President Donald Trump has ​sent Congress a proposed agreement with Saudi Arabia on civil nuclear energy while insisting the pact will only ‌go into effect if the kingdom normalizes relations with Israel, Reuters reported, citing a U.S. administration official.

CPC resumes oil intake, loading operations

The Caspian Pipeline Consortium (CPC) has resumed the receipt of oil from shippers and its shipment, the press service of Kazakhstan’s Energy Ministry reported.

Massive blackout hits Georgia

Georgia was hit by a nationwide power outage Saturday, the second in two days, plunging all major cities into darkness and paralyzing train and subway services.

Iran ready to purchase Russian gas

Iranian Oil Minister Mohsen Paknejad said today that Tehran has finalized virtually all key terms of a contract to purchase Russian natural gas. According to him, the Islamic Republic is prepared to take up to 55 billion cubic meters of fuel annually via a pipeline transiting Azerbaijan.

Armenia and Azerbaijan to expand energy connectivity

Armenian Prime Minister Nikol Pashinyan pointed out the importance of expanding energy connectivity between Armenia, Azerbaijan and Turkey during a joint press conference with European Commission President Ursula von der Leyen.

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