energy

Kazakhstan is launching a major industrial push into the downstream sector, with six coal-to-chemicals projects currently underway or under evaluation. The Ministry of Energy announced the strategy as part of a broader national effort to maximize the economic value of the country's rapidly expanding coal sector and utilize its vast domestic reserves for higher-margin manufacturing.

On the directive of President Kassym-Jomart Tokayev, Kazakhstan has commenced pre-project work for the construction of a new, large-scale oil refining complex designed to handle up to 10 million tons of crude oil annually.

In response to an escalating energy crisis and growing supply concerns driven by ongoing Middle East conflicts, the Indian government has approved a 3.92-billion-USD financial scheme to boost domestic coal gasification projects.

The Eurasian Development Bank (EDB) is intensifying its focus on the water-food-energy nexus as a cornerstone of its 2026–2027 investment strategy. While the bank’s long-term vision through 2031 remains anchored in energy modernization, it is increasingly prioritizing green industrialization to drive sustainable growth across the region.

National company QazaqGaz has successfully issued $700 million in Eurobonds on the Astana International Financial Centre (AIFC) Exchange, according to Tizgin.kz. The 10-year notes carry an annual coupon rate of 5.625%.

In the largest computing infrastructure deployment in its history, Saudi Aramco has partnered with solutions by stc to launch a next-generation high-performance supercomputer. The $372.5 million (SAR 1.4 billion) project is a cornerstone of the oil giant’s digital transformation, designed to drastically enhance its upstream capabilities in hydrocarbon discovery and recovery.