Astana, Kazakhstan, June 12, 2017 International School of Business of the Russian State University of Oil and Gas (NIU) named after I. Gubkin held the International Seminar "Transformation of Energy Markets: A New Stage of Technological Development of the World Energy" dedicated to the opening of the World Specialized Exhibition EXPO-2017 "Energy of the Future". The seminar was held with the support and participation of the Community of graduates of the International Business School, JSC NC "KazMunayGas" and the Association "KAZENERGY".

NewTech Services Executive director, professor of the Russian State University of Oil and Gas (NIU) named after I. Gubkin, Valery Bessel made a presentation: "Trends in the development of alternative energy sources in the oil and gas sector of Russia". The representatives of energy companies of Russia, Japan, the Republic of Kazakhstan, Azerbaijan, Tatarstan, as well as international experts and analysts, leading faculty members of the University, students of the MBA program "Oil and Gas Business Management" attended the event. An honorary guest of the event, a graduate of the Gubkin University, deputy chairman of the Association "KAZENERGY", Doctor of Technical Sciences, former Minister of Oil and Gas of the Republic of Kazakhstan Uzakbai Suleimenovich Karabalin noted the importance of joint events.

The seminar covered trends and structural changes that determine the architecture of world energy markets, new technologies as a factor in transforming the institutional structure of markets. Particular attention was paid to the prospects of decentralized energy and the transition to new management models using the "Blockchain" technology, which will be a new stage in the development of energy markets. Technological innovations require the main players of the market to improve continuously the applied business models, noted the experts during the discussion.