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SnapshotsMar 20, 2020 | 21:01 GMT
Despite Falling Oil Prices, U.S. Production Cuts Remain Unlikely
In response to collapsing global oil prices, there are signs that U.S. President Donald Trump -- and now, the agency overseeing Texas' massive energy industry -- is mulling a potential production cut deal with Russia and Saudi Arabia. But doing so would mean overcoming political hurdles in the United States, divisions over
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AssessmentsNov 20, 2018 | 09:00 GMT
A Colombian rescue crew evacuates a "victim" in a Brazilian air force helicopter during an earthquake simulation exercise conducted by air force members at the Palenquero base in Puerto Salgar, Colombia, on Sept. 6, 2018.
Caracas' Push for Illegal Mining Is Creating Problems for Its Neighbors
Venezuela's desperate attempts to offset the loss of revenue from its collapsing oil sector are creating headaches for its neighbors. During the past two years, the government has put in motion a survival strategy to replace its declining hydrocarbon income with proceeds from mining exports, often from illegal excavations operated
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ReflectionsJan 17, 2018 | 19:38 GMT
Kazakh President Nursultan Nazarbayev (left) meets with U.S. President Donald Trump during a visit to the White House on Jan. 16.
The More Things Change, the More Kazakhstan Stays Important
Now that relations between the United States and Pakistan are souring, Washington may once again turn to Kazakhstan to serve its strategic needs in the region. Kazakh President Nursultan Nazarbayev discussed the issue with U.S. President Donald Trump on Tuesday during a visit to the White House, an early stop
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Partner PerspectivesJul 24, 2017 | 09:44 GMT
Oil companies from Russia, China, Kazakhstan, Azerbaijan and Italy have teamed up to form a consortium for the exploration and exploitation of what is expected to be a new “giant” located in the heart of the northern Caspian tectonic structure.
Kazakhstan and Eurasia Form New Oil Consortium in a Multi-Billion Caspian Project
Oil companies from Russia, China, Kazakhstan, Azerbaijan and Italy have teamed up to form a consortium for the exploration and exploitation of what is expected to be a new “giant” located in the heart of the northern Caspian tectonic structure. The project, if successful and if market demand remains unchanged, should prolong Kazakhstan's position as a global oil supplier from 2040 to 2080.
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