Oil prices eased about 1% on Tuesday as US President Donald Trump and Russian President Vladimir Putin discussed moves to end the three-year-old war in Ukraine, which could result in a possible easing ...

Almasadam Satkaliyev, as of this week, is out as energy minister according to a statement made by the presidential office.

Brent crude oil prices are projected to average $73/bbl in 2025, down $7/bbl from 2024, according to Wood Mackenzie’s latest monthly oil market outlook.

Russia produced about 9.2 million barrels per day (bpd) of crude in 2024, down from a recent high of 9.8 million bpd in 2022 ...

Siemens said it will cut more than 6,000 jobs in its automation and electric-vehicle charging businesses as part of its plans to boost competitiveness.

Kazakhstan's Minister of Energy will resign from his position, as announced by the country's presidential office on Tuesday.

Oil prices held near a two-week high on Tuesday as instability in the Middle East increased the risk of supply disruptions, while China's plans for more economic stimulus could boost fuel demand in ...

Kazakhstan's energy minister will stand down from his role, the country's presidential office said on Tuesday, as the government struggles to convince U.S. and European oil companies to lower ...

There are growing concerns over the ability of the federal government to fully implement Nigeria's almost N55 trillion budget for 2025 as the deficit in the country's crude oil production benchmark of ...

The last oil price war has indebted, but not reduced U.S. shale production, while costing OPEC members $450 billion in lost ...

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YPF's 2024 results show strong growth in shale oil production and reserves, driven by developments in the Vaca Muerta region.