The Kazakh Lion in winter
Kazakhstan’s former long-time leader is approaching a landmark birthday. But he is resisting any temptation to mark it with a comeback
Nursultan Nazarbayev, the builder of modern Kazakhstan, is successfully recovering from a bout of Covid-19, his associates say, as his 80th birthday fast approaches next week. And he is already preparing to help his country pull through its next big challenge: diversifying revenue away from hydrocarbons amid a global economy decimated by the virus and with huge dents in its demand for oil and gas. But the political veteran, who stepped down as president last year but retains the symbolic title of ‘first president’ (and continues to serve as chairman of Kazakhstan’s security council), has no plans to formally return to power, a senior Kazakh official tells Petroleum Economist. Rumours of str
Also in this section
10 March 2026
From Venezuela to Hormuz, the US—backed by the most powerful military force ever assembled—is redrawing not only oil and gas flows but also the global balance of energy power
10 March 2026
By shutting the Strait of Hormuz, Iran has cut exports of distillate-rich Middle Eastern crude, jet fuel and diesel, and is holding the energy market hostage
10 March 2026
Eni’s director for global gas and LNG portfolio, Cristian Signoretto, discusses how demand will respond to rising LNG supply, and how the company is expanding its own gas and LNG operations through disciplined, capital-efficient investments
9 March 2026
Petroleum Economist analysis sees increases in output from Saudi Arabia, Venezuela and Kazakhstan among others before region’s murky descent






