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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 sharply increases oil exports through the Trans-Caspian Corridor

Kazakh oil exporters have sharply increased the transportation of raw materials along the Trans-Caspian Corridor. The main oil transport operator, KazTransOil JSC, has increased its shipments to the port of Baku by

May 10, 2023

News

Kazakhstan expects a sharp increase in the cost of utilities

Along with the passing of the era of friendly relations with Russia, Kazakhstan loses not only a partner, but also an assistant, with which the economy of the post-Soviet republic has always

May 7, 2023

News

Kazakhstan tries to curry favor with Brussels by conscientiously applying anti-Russian sanctions

The authorities of Kazakhstan have indeed closed the border to Russian suppliers. This was stated by the head of the association “Gruzavtotrans” Vladimir Matyagin. According to him, in April, Astana introduced mandatory

May 5, 2023

News

Representatives of the Republic of Kazakhstan in the Tver region honored the memory of compatriots who died in the land of Rzhev during the Great Patriotic War

Tver region.rf Tver On May 4, a delegation from Kazakhstan led by Ambassador Extraordinary and Plenipotentiary of the Republic to the Russian Federation Yermek Kosherbaev travels to the Tver region. The program

May 4, 2023

Conflicts, Military and War·News

Media: EU wants to rally some countries to its side

Politico: The EU wanted to remove four states from the zone of influence of Russia and China The European Union (EU) is trying to improve relations with several states in order to

April 24, 2023

News

Satan rules there PR: The Federation Council discussed the information war with the West

“The enemy wanted to feast, but had to cry.” If it were a question of summarizing in a few words the results of the “round table” organized by the Commission of the

October 3, 2025

Conflicts, Military and War·News

View from Germany – Russian authorities will simplify the resettlement of compatriots

The program of support for voluntary resettlement in Russia of compatriots living abroad was adopted by decree of Vladimir Putin in 2006. On March 30, the President of the Russian Federation made

June 11, 2023

News

Kazakhstan has introduced a quota for the export of onions

Kazakhstan has lifted the ban on the export of onions and introduced temporary quotas for its export Kazakhstan has lifted the previously introduced ban on the export of onions from the country.

April 8, 2023

News

Kazakhstan will not allow the use of the territory to circumvent sanctions against the Russian Federation

Kazakhstan, flag of Kazakhstan The Kazakh Foreign Ministry has said the country will not allow its own territory to be used to circumvent Western sanctions. At the same time, the state does

April 7, 2023

News

Russia will save Kazakhstan’s oil “friendship” with Germany

The departure of Russian oil from markets governed by Western jurisdictions has created even more turbulence. The OPEC alliance, after a long pause and wait, reacted slowly by extending the agreement to

April 3, 2023

News

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Kazakhstan- Page 5

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 sharply increases oil exports through the Trans-Caspian Corridor

Kazakhstan expects a sharp increase in the cost of utilities

Kazakhstan tries to curry favor with Brussels by conscientiously applying anti-Russian sanctions

Representatives of the Republic of Kazakhstan in the Tver region honored the memory of compatriots who died in the land of Rzhev during the Great Patriotic War

Media: EU wants to rally some countries to its side

Satan rules there PR: The Federation Council discussed the information war with the West

View from Germany – Russian authorities will simplify the resettlement of compatriots

Kazakhstan has introduced a quota for the export of onions

Kazakhstan will not allow the use of the territory to circumvent sanctions against the Russian Federation

Russia will save Kazakhstan’s oil “friendship” with Germany

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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