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OPEC headquarters Vienna as seven-nation group extends overproduction compensation deadline to December 2026

OPEC+ Extends Overproduction Compensation Deadline to December 2026 as Hormuz War Upends Market

The seven-nation OPEC+ core group voted Sunday to extend the compensation window for overproduction dating to January 2024 through the end of December 2026, a six-month extension that reflects the alliance's difficulty

June 7, 2026

by Economy Desk

Saudi Energy Minister Prince Abdulaziz bin Salman and OPEC Secretary-General Haitham Al Ghais at SPIEF ahead of July 2026 output decision

OPEC+ Approves 188,000 Bpd Output Hike for July in Fourth Consecutive Increase Since Hormuz Crisis

Seven OPEC+ nations approved a 188,000 barrels-per-day production increase for July, the fourth consecutive monthly hike since the Strait of Hormuz crisis shuttered Gulf supply — yet the targets remain largely undeliverable while the waterway stays closed.

June 7, 2026

by Economy Desk

Smoke billows from a Gazprom Neft oil refinery in Russia

Gazprom Seals New Deal to Boost Gas Supplies to Kazakhstan as Miller Meets Sklyar at SPIEF

Russia's Gazprom and Kazakhstan's presidential administration signed an agreement at SPIEF on Thursday for additional gas

Kazakhstan: Nazarbayev instructed to launch economic recovery program

The President of the Security Council dwelt on the changes expected in all spheres of the state and society. “Firstly, all countries are revising their economic strategies. The priority will be self-sufficiency,

April 25, 2020

Government and Politics·News

Death penalty – number of executions continues to decrease

For opponents of the death penalty, the number of executions in 2019, on the one hand, is of course never a reason to be happy – Amnesty International (AI) counted 657 executions.

June 21, 2022

Government and Politics·News

Authoritarian tendencies in Central Asia and the Caucasus

Turkmenistan and Tajikistan still claim to be spared the coronavirus. All other countries have taken rigorous measures in some cases. One country is more successful than the other. Is the word “coronavirus”

June 7, 2022

Government and Politics·News

UAE Tour: Pogacar wins breathtaking summit

The Slovenian Tadej Pogacar, the winner after examining the photo-finish, removed the 5th stage of the Tour of the Emirates (UAE Tour) Thursday at Jebel Hafeet, two days after the success of

November 11, 2021

Sports

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Kazakhstan- Page 10

OPEC+ Extends Overproduction Compensation Deadline to December 2026 as Hormuz War Upends Market

OPEC+ Approves 188,000 Bpd Output Hike for July in Fourth Consecutive Increase Since Hormuz Crisis

Gazprom Seals New Deal to Boost Gas Supplies to Kazakhstan as Miller Meets Sklyar at SPIEF

Kazakhstan: Nazarbayev instructed to launch economic recovery program

Death penalty – number of executions continues to decrease

Authoritarian tendencies in Central Asia and the Caucasus

UAE Tour: Pogacar wins breathtaking summit

Radical Islam is being appreciated by Indian authorities too

Bangladesh; India’s Biggest Ally or China’s Dragon Nest?

Ahmadis in Bangladesh face fresh threat of persecution

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