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Russian energy giant Gazprom has signed agreements with Kazakhstan and Mongolia to boost gas cooperation, including increased deliveries to Kazakhstan in 2025–2026 and a study on gasification in Mongolia’s capital, Ulaanbaatar.
Gazprom CEO Alexey Miller and Kazakh First Deputy Prime Minister Roman Sklyar signed the supply deal during a working meeting, also reviewing cooperation in gas transportation and processing.
The deal builds on a strategic partnership agreement on energy signed between Gazprom and the Kazakh government in November 2023.
Separately, Miller met Mongolian Prime Minister Gombojav Zandanshatar to discuss opportunities in the gas sector, with officials highlighting the potential for natural gas to provide a cleaner and more efficient energy source to support industrial growth and improved living standards.
Following the meeting, Gazprom Deputy Chairman Vitaly Markelov and Mongolian Deputy Prime Minister Sainbuyan Amarsaikhan signed a memorandum on gasification prospects for Ulaanbaatar. Earlier, in August 2025, the two sides had signed a memorandum to strengthen oil and gas sector partnerships.
Kazakhstan, one of Central Asia’s top energy producers, still relies on Russian imports to meet domestic gas demand, while Mongolia aims to reduce coal dependence and improve air quality in Ulaanbaatar, one of the world’s most polluted capitals.
The 32 countries belonging to the Internatioanl Energy Agency agreed to release 400 million barrels of oil on Wednesday (11 March), in efforts aimed at bringing down the price of crude oil, which has soared since fighting between Iran, Israel and the U.S. started at the end of February.
The U.S. should shut down its military bases in the Middle East, Iran's new Supreme Leader Mojtaba Khamenei said on Thursday (12 March). His words were read out by a broadcaster on state Iranian television.
A towering lava fountain from Kilauea shot about 400 metres into the air late on Tuesday (11 March) on Hawaii Island, prompting temporary closures at Hawaii Volcanoes National Park and part of a key highway as volcanic ash and debris fell over nearby areas.
More than 68,000 children in eastern Afghanistan have been displaced after clashes between Afghan and Pakistani forces intensified along the border, according to a new report by Save the Children.
Georgia has cancelled international tenders for the construction of major road sections that form part of a regional highway linking the country with the borders of Armenia and Azerbaijan.
The prevailing security situation in the region has done little to deter entrepreneurs from the Commonwealth of Independent States (CIS) who continue to view Dubai as a premier and safe location for business.
China has raised the retail prices of petrol and diesel after global oil prices climbed sharply. The country’s top economic planning body, the National Development and Reform Commission (NDRC), announced the move after reviewing international oil market trends.
Global financial markets remained on edge on Friday as the escalating war involving the United States, Israel and Iran continued to rattle investors, fuelling volatility in stocks and sending energy prices sharply higher.
China’s top leadership has unveiled a new push to turn advanced technologies into large-scale industrial priorities as part of the country’s upcoming 15th Five-Year Plan, which will guide economic and social development from 2026 to 2030.
The European Commission sees no immediate impact on the European Union's security of oil supply from the escalating conflict in the Middle East, it said in an email to EU governments, seen by Reuters on Monday (2 March).
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