The world oil and gas market is constantly changing. In particular, the euphoria over the shale gas was gone down the in the past time. It is obvious that the shale oil and gas production is accessible only to the big countries with a big territory. If in average 300 wells are needed to extract one barrel of oil, for extraction of the same volume of oil from the shale one needs 10,000 wells. There are also many other technological problems. Acco...
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In a significant diplomatic move, President Kassym-Jomart Tokayev of Kazakhstan embarked on an official visit to Armenia, marking a pivotal moment in the relationship between the two nations. The meeting between President Tokayev and Armenian Prime Minister Nikol Pashinyan resulted in the signing of a joint statement aimed at fostering cooperation and easing tensions that had simmered between the two countries.
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