Oil Daily | Kazakhstan's Oil Output Challenges OPEC Quotas Amid Rising Global Production Trends
Generado por agente de IAAinvest Market Brief
lunes, 2 de junio de 2025, 8:01 am ET1 min de lectura
TTE--
XOM--
【Global Oil Supply and Demand】
The Kashagan oilfield in Kazakhstan, which started production in 2013, is projected to reach 1 billion barrels of cumulative production by year-end. It holds approximately 35 billion barrels of oil, with half deemed recoverable. Developed by international majors and KazMunayGas, it has produced 906 million barrels of oil.
【Oil-Producing Countries Dynamics】
Kazakhstan's increased oil production has challenged OPEC quotas, with the country consistently exceeding its ceiling. Energy Minister Yerlan Akkenzhenov stated Kazakhstan can't impose output reductions on international firms operating over 70% of its oilfields. Deputy Energy Minister Alibek Zhamauov confirmed Kazakhstan's notification to OPEC about not cutting production.
【Industry News】
Make UK has raised concerns over high energy costs for industrial consumers in the UK, claiming it threatens the future of manufacturing. The UK's energy costs, attributed to the shift from hydrocarbons to renewables, are the highest in the developed world. This has contributed to rapid deindustrialization, with manufacturing hitting an all-time low of 9% GDP in 2024.
【Company News】
German asset manager Union Investment divested ExxonMobil shares, citing inadequate climate targets. Despite ExxonXOM-- pursuing lower-emission investments, Union Investment criticized their lack of Scope 3 targets for emissions reduction. The asset manager previously removed TotalEnergiesTTE-- from sustainability funds over human rights allegations but retained holdings due to Scope 3 targets.
【Latest Oil Policies】
Goldman SachsAAAU-- anticipates OPEC's final production hike of 411,000 barrels daily in August amid tight spot oil fundamentals and seasonal demand. Despite geopolitical tensions drawing attention away from OPEC's July announcement, speculation about further hikes affected market reactions. Goldman predicts non-OPEC production growth as global economic growth slows, impacting oil prices.
The Kashagan oilfield in Kazakhstan, which started production in 2013, is projected to reach 1 billion barrels of cumulative production by year-end. It holds approximately 35 billion barrels of oil, with half deemed recoverable. Developed by international majors and KazMunayGas, it has produced 906 million barrels of oil.
【Oil-Producing Countries Dynamics】
Kazakhstan's increased oil production has challenged OPEC quotas, with the country consistently exceeding its ceiling. Energy Minister Yerlan Akkenzhenov stated Kazakhstan can't impose output reductions on international firms operating over 70% of its oilfields. Deputy Energy Minister Alibek Zhamauov confirmed Kazakhstan's notification to OPEC about not cutting production.
【Industry News】
Make UK has raised concerns over high energy costs for industrial consumers in the UK, claiming it threatens the future of manufacturing. The UK's energy costs, attributed to the shift from hydrocarbons to renewables, are the highest in the developed world. This has contributed to rapid deindustrialization, with manufacturing hitting an all-time low of 9% GDP in 2024.
【Company News】
German asset manager Union Investment divested ExxonMobil shares, citing inadequate climate targets. Despite ExxonXOM-- pursuing lower-emission investments, Union Investment criticized their lack of Scope 3 targets for emissions reduction. The asset manager previously removed TotalEnergiesTTE-- from sustainability funds over human rights allegations but retained holdings due to Scope 3 targets.
【Latest Oil Policies】
Goldman SachsAAAU-- anticipates OPEC's final production hike of 411,000 barrels daily in August amid tight spot oil fundamentals and seasonal demand. Despite geopolitical tensions drawing attention away from OPEC's July announcement, speculation about further hikes affected market reactions. Goldman predicts non-OPEC production growth as global economic growth slows, impacting oil prices.
Divulgación editorial y transparencia de la IA: Ainvest News utiliza tecnología avanzada de Modelos de Lenguaje Largo (LLM) para sintetizar y analizar datos de mercado en tiempo real. Para garantizar los más altos estándares de integridad, cada artículo se somete a un riguroso proceso de verificación con participación humana.
Mientras la IA asiste en el procesamiento de datos y la redacción inicial, un miembro editorial profesional de Ainvest revisa, verifica y aprueba de forma independiente todo el contenido para garantizar su precisión y cumplimiento con los estándares editoriales de Ainvest Fintech Inc. Esta supervisión humana está diseñada para mitigar las alucinaciones de la IA y garantizar el contexto financiero.
Advertencia sobre inversiones: Este contenido se proporciona únicamente con fines informativos y no constituye asesoramiento profesional de inversión, legal o financiero. Los mercados conllevan riesgos inherentes. Se recomienda a los usuarios que realicen una investigación independiente o consulten a un asesor financiero certificado antes de tomar cualquier decisión. Ainvest Fintech Inc. se exime de toda responsabilidad por las acciones tomadas con base en esta información. ¿Encontró un error? Reportar un problema
SOBRE NOSOTROS
Nuestra historiaAutores de noticiasBase de conocimientosPolítica de privacidadTérmino de usoDescargo de responsabilidad de corretaje de tercerosTérminos de uso de AIMEDivulgaciones de riesgos de AInvest AICarrerasCONTÁCTENOS
Email: support@ainvest.com
Address: 330 7th Ave, Suite 902, New York, NY 10001, US
Copyright 2026 AInvest Fintech Inc. All rights reserved.
Comentarios
Aún no hay comentarios