Cristiano Ronaldo reaches $1.4bn net worth, becoming football’s first billionaire
Cristiano Ronaldo has become football’s first billionaire player, according to Bloomberg, which tracks the world’s richest individuals....
Kazakhstan has partnered with China for a significant oil exploration project in the Caspian Sea.
Kazakhstan’s national oil company, Kazmunaigaz, has signed an agreement with China National Offshore Oil Corporation International Limited (CNOOC) to jointly carry out geological exploration in the Atrau region of western Kazakhstan.
The project covers a 960-square-kilometer area of the northeastern Caspian Sea. According to the terms of the agreement, exploration will be conducted on a 50-50 basis, though initial exploration costs will be entirely covered by the Chinese side. The project will involve seismic surveys and the drilling of a super-asalt exploration well approximately 2 kilometers deep. If initial results are promising, a second sub-asalt well, 4.5 kilometers deep, will be drilled.
While Kazakhstan seeks to expand its oil exploration efforts, it faces a challenge on the export front. Since the beginning of 2025, Kazakhstan’s oil exports to China have dropped by 82 percent, resulting in an $827 million decrease in revenue. Experts attribute this decline to China’s slowing economic growth and its shift towards electric vehicles.
In contrast to the decline in oil exports to China, Kazakhstan has seen some positive developments. Exports to countries like Bulgaria, Spain, Azerbaijan, and Romania have increased, and new markets such as Egypt and the Bahamas have emerged.
Despite growing production, Kazakhstan's overall oil exports have decreased by 14 percent, with the first quarter of 2025 showing a drop from 17.8 million tons to 15.3 million tons. Additionally, six countries, including South Korea, India, and the United Kingdom, have completely stopped purchasing Kazakh oil.
As Kazakhstan’s oil industry adapts to these changes, geopolitics continues to influence both the price of oil and the geography of global energy markets.
Video from the USGS (United States Geological Survey) showed on Friday (19 September) the Kilauea volcano in Hawaii erupting and spewing lava.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
Authorities in California have identified the dismembered body discovered in a Tesla registered to singer D4vd as 15-year-old Celeste Rivas Hernandez, who had been missing from Lake Elsinore since April 2024.
A powerful 7.4-magnitude earthquake struck off Russia’s Kamchatka Peninsula on 13 September with no tsunami threat, coming just weeks after the region endured a devastating 8.8-magnitude quake — the strongest since 1952.
Iran's Foreign Minister Abbas Araghchi rejected as “incorrect” the report by a Kuwaiti newspaper on recent contacts between Tehran and Washington and also condemned President Trump's threats of renewed attacks if Iran resumed nuclear enrichment.
Georgia’s Foreign Minister, Maka Bochorishvili sought to reassure the public that there is “no danger” to Georgia’s status as the European Union’s revised visa rules include Georgia.
Dushanbe enters one of its busiest diplomatic weeks in recent times as it gears up to host the Commonwealth of Independent States (CIS) heads of state and a Central Asia – Russia meeting. Both events are set to hold from 8 - 12 October in Tajikistan.
President of the Republic of Azerbaijan Ilham Aliyev welcomed a Croatian delegation led by Gordan Jandroković, Speaker of the Croatian Parliament, marking his first official visit to Azerbaijan.
A new stage of economic transformation is under way in Karakalpakstan, where authorities have announced 27 large-scale projects worth nearly $2 billion with an aim to boost growth in the region.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment