According to two sources familiar with the matter at hand, the U.S. nuclear power industry is lobbying the White House to continue the import of uranium from Russia despite sanctions saying cheap supplies of the fuel is key to keeping… Read More ›
Kazakhstan
Chevron and ExxonMobil’s estimates for Tengiz oilfield expansion too high: Kazakh energy minister
Cost escalations by 25% would push up the total cost of the expansion to $45.2 billion, an unacceptable figure for Kazakhstan. On Wednesday, Kazakhstan’s Energy Minister Kanat Bozumbayev stated, the cost escalation in the expansion of the Tengiz oilfield project… Read More ›
Here is why wheat prices are set to rise globally
Several of the world’s leading wheat exporters, including Australia, the European Union, Argentina, Canada, the United States, Kazakhstan, Ukraine, and Russia, are seeing their wheat crop suffer this year. The last time this happened there were food riots in Asia… Read More ›
The mirage of success in China’s “Belt and Road” initiative
The success painted by Beijing’s state owned media regarding its strategic Belt and Road initiative significantly differs from the reality of the situation. As part of its central “Belt and Road” strategy, China has created an international free trade zone… Read More ›