Shanghai breaks 99-year heat record with 25 consecutive days above 35°C
China’s largest city and global financial hub, Shanghai, has set a new heat record, state media reported on Saturday. Temperatures in the city excee...
Kazakhstan will remain part of the OPEC+ oil production deal but is opening talks to revise contracts with foreign investors at its largest oil and gas fields, Prime Minister Olzhas Bektenov said on Tuesday.
Speaking at a press conference, Bektenov confirmed that while Kazakhstan has exceeded its production quota in recent months, it is not considering pulling out of the OPEC+ agreement.
“We will strive to fulfil our obligations, but with national interests in mind,” he said.
Oil exports in June reached 1.86 million barrels per day — that's about 500,000 barrels above Kazakhstan’s current OPEC+ limit. The increase is largely due to the expansion of the Tengiz oil field under the $49 billion Future Growth Project, which is expected to boost annual output by 12 million tons.
Bektenov explained that the government has limited control over production at fields such as Tengiz, Karachaganak, and Kashagan, where foreign companies hold major stakes.
“We cannot demand that our partners reduce production,” he said.
Instead, Kazakhstan has begun discussions with international firms to revise existing production sharing agreements (PSAs) in an effort to secure more national revenue from oil and gas operations.
“There is a view that the country’s interests are not fully reflected in the existing agreements,” Bektenov said, adding that any changes would be made carefully to protect the investment climate.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
The UK is gearing up for Exercise Pegasus 2025, its largest pandemic readiness test since COVID-19. Running from September to November, this full-scale simulation will challenge the country's response to a fast-moving respiratory outbreak.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
Relations between Russia and China have reached an “unprecedentedly high level,” Russian President Vladimir Putin said on Saturday, highlighting both the economic and strategic dimensions of the partnership.
Türkiye on Saturday marked the 103rd anniversary of Victory Day, with President Recep Tayyip Erdogan hailing it as a symbol of the nation’s struggle for independence, resilience and freedom.
President of Azerbaijan Ilham Aliyev has arrived in China at the invitation of Chinese President Xi Jinping for a working visit on 30 August.
Brazilian President Luiz Inácio Lula da Silva said on Friday that his government is considering reciprocal tariffs on U.S. goods after Washington imposed a 50% duty on Brazilian imports earlier this month.
Türkiye has decided to bar Israeli vessels from using its ports, forbid Turkish ships from using Israeli ports and impose restrictions on planes entering Turkish airspace, Foreign Minister Hakan Fidan said on Friday(August 29).
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