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Kazakhstan and Germany will cooperate on oil and gas supplies to Europe

Kazakhstan and Germany plan to cooperate on energy security, including oil and gas supplies to Europe, it is noted in a declaration adopted by the presidents of Kazakhstan and Germany, Kassym-Jomart Tokayev and Frank-Walter Steinmeier, following the Kazakh leader’s official visit to Berlin, APA reports. “The presidents welcome close cooperation to strengthen energy security and […]

Germany Considers Extending Oil Reserve Relief Despite Falling Prices

Germany may be getting cold feet about ending its oil reserve waiver. Berlin said this week it is considering extending a temporary reduction in national oil stockpiling requirements beyond the current August 31 deadline, even as markets celebrate the U.S.-Iran agreement and the expected reopening of the Strait of Hormuz. Officially, Germany insists there are […]