Section

Fossil fuels

OPEC+ Formally Increases Oil Production Quotas, But Real Output Won't Grow

OPEC+ has formally agreed to raise oil production quotas by 206k barrels per day. However, real output growth is impossible due to the closed Strait of Hormuz and widespread infrastructure damage among key producers.

April 5, 2026
OPEC+ Formally Increases Oil Production Quotas, But Real Output Won't Grow
March 242026

Kazakh and US Energy Ministers Discuss Security, Investment at CERAWeek

Kazakhstan's Energy Minister Yerlan Akkenzhenov met with US Secretary Christopher Wright at CERAWeek in Houston. They discussed strategic energy partnership, $60+ billion in US investments, key oil projects like Tengiz, and diversifying export routes including CPC and Trans-Caspian corridors.

Kazakh and US Energy Ministers Discuss Security, Investment at CERAWeek