Between October 22 and 25, Kazakhstan’s Energy Minister Almasadam Satkaliev headed a delegation visiting South Korea, where they engaged in discussions with Korean energy leaders and government representatives.
Discussions focused on nuclear power collaboration, and further talks with South Korea's Minister of Trade, Industry, and Energy explored expanding partnerships in oil, gas, and renewables.
Satkaliev also met with key companies, including Doosan Enerbility, KHNP, KEPCO, KNOC, and Samsung C&T, to consider involving Korean firms in an international consortium for Kazakhstan's planned nuclear power plant. The final decision on this consortium is anticipated by 2025.
The visit concluded with a memorandum of understanding with Doosan Enerbility, outlining plans to assess establishing a local office in Astana. The company is also working on a 1000 MW gas turbine plant in Turkestan and auditing Kazakhstan's energy infrastructure with KEPCO KPS to enhance efficiency and lower emissions.
Following a national referendum supporting nuclear power, President Tokayev has advocated for an international consortium involving top companies like Russia’s Rosatom, South Korea’s KHNP, France’s EDF, and China’s CNNC. This project aims to boost Kazakhstan's energy security, with construction expected by Lake Balkhash and completion targeted for 2035.
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U.S. stocks dip as election nears, with Trump and Harris in a tight race and investors bracing for Fed policy news.
UN Deputy Secretary-General Amina Mohammed urged fair policies for clean energy minerals, highlighting the need for equity, transparency, and environmental protection as demand soars worldwide.
Retailers like Walmart are using advanced weather data to shape local promotions and inventory, adjusting prices on seasonal items like sunscreen and winter gear. New tools help companies plan amid unpredictable weather patterns driven by climate change.
AstraZeneca’s new weight-loss pill, AZD5004, shows promise in early trials with tolerable side effects, advancing to Phase II studies focused on reducing obesity.
Ryanair has trimmed its passenger growth target for the year ending March 2026 from 215 million to 210 million due to Boeing delivery delays. Despite a reported after-tax profit of 1.79 billion euros, average fares dropped by 10% this year.
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