Kazakhstan's Energy Minister Yerlan Akkenzhenov met with OPEC Secretary General Haitham AlGhais in Astana today, reiterating the nation's strong commitment to the Declaration of Cooperation and joint efforts to ensure a stable global oil market.
Yerlan Akkenzhenov, Minister of Energy of Kazakhstan, held a significant meeting today with His Excellency Haitham AlGhais, Secretary General of OPEC, in Astana.
During their discussions, Minister Akkenzhenov reaffirmed Kazakhstan’s unwavering commitment to the historic Declaration of Cooperation (DoC). He emphasised the nation's readiness to continue collaborative efforts aimed at ensuring a stable global oil market.
Both Minister Akkenzhenov and Secretary General AlGhais highly assessed the positive results of their cooperation and the consensus outcome achieved during the recent meeting of the eight OPEC+ countries.
On Saturday, May 31, the eight OPEC+ countries of Saudi Arabia, Russia, Iraq, the United Arab Emirates, Algeria, Kuwait, Kazakhstan, and Oman, which had previously reduced output by 2.2 million barrels per day, agreed to increase production quotas by 411,000 barrels per day starting in July.
Kazakhstan reaffirmed its willingness to further work closely with OPEC and the countries participating in the Declaration of Cooperation. The Minister stressed Kazakhstan's dedication to strengthening stability in the global market, highlighting that these efforts are in the best interests of producers, consumers, and the global economy as a whole.
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Greek firefighters are battling a large wildfire south of Athens as the country faces its first major heat wave of the summer, with temperatures nearing 40°C and strong winds fuelling the flames.
At least 29 students were killed and more than 250 injured in a stampede at Barthelemy Boganda High School in Bangui, the capital of the Central African Republic, authorities confirmed Thursday.
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European Union leaders renewed economic sanctions on Russia for another six months on Thursday and reviewed the latest U.S. trade proposals during a summit in Brussels.
US President Donald Trump said Thursday that Washington signed a trade agreement with China the previous day, though no details of the deal have been made public.
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