site.news_by_theme ConocoPhillips

Photo ©REUTERS Consortium and Kazakh government agree on stages of Kashagan development Members of the Kashagan project have signed a memorandum with the Kazakhstan Government on stages of the oilfield's development.
18 June 2014
Photo ©REUTERS New operating company for Kashagan Kashagan project in Kazakhstan may get a new operatoring company in the nearest future.
08 May 2014
Oil refinery near Kashagan field. ©Reuters ConocoPhillips completes sale of Kashagan share to KMG and views Kashagan as non-core asset The main reason why ConocoPhillips sold its share in the gigantic pie that everyone wants a bite from has nothing to do with the complexity of the field or the bulging expenses of the consortium to develop it.
31 October 2013
Kashagan oil field. ©REUTERS India shocked by Kazakhstan's decision on Kashagan Indian Foreign Ministry plans to discuss cooperation in energy with Kazakhstan government after Kazakhstan refused to support Indian ONGC's deal on Kashagan.
04 July 2013
KazMunaiGas headoffice. Photo by Danial Okassov© KMG to buy ConocoPhillips' stake in Kashagan for $5 billion ConocoPhillips will sell its 8.4-percent stake in Kashagan to KazMunaiGas for $5 billion.
03 July 2013
Oil-processing plant at Kashagan field. ©REUTERS Kazakhstan reserves to priority right to buy ConocoPhillips stake in Kashagan Kazakhstan plans to execute its priority right to purchase ConocoPhillips’ stake in Kashagan oil and gas project at the Caspian shelf.
03 July 2013
Majilis deputy Tursunbek Omyrzakov. Photo by Danial Okassov© Pension fund money may be spent on ConocoPhillips stake in Kashagan: MP I am asking the government to take decisive measures to purchase the share in Kashagan project from ConocoPhillips: Tursunbek Omurzakov.
07 June 2013
ConocoPhillips India approves purchase of ConocoPhillips stake in Kashagan Indian government gave ONGC Videsh Limited a go to buy a minority stake in Kashagan oilfield from ConocoPhillips for $5.5 billion.
28 May 2013
Chairman and CEO of ConocoPhillips Ryan Lance. ©REUTERS Nazarbayev meets with ConocoPhillips chairman Nursultan Nazarbayev met with Chairman and CEO of ConocoPhillips Ryan Lance who arrived for the 26th meeting of the Foreign Investors Council.
22 May 2013
Kashagan oil and gas field. ©REUTERS China ready to purchase stake in Kashagan: media Chinese state and private companies are nearing the finish line in procurement of stakes in Kashagan project, Nursultan and Abai blocks.
23 April 2013
Kashagan oil and gas field. ©REUTERS Decision on purchasing СonocoPhillips’s stake in Kashagan to be taken before May 25 According to Kazakhstan geologists, geological reserves of Kashagan are estimated at 4.8 billion tons of oil.
15 March 2013
Map of oil and gas project N. Photo courtesy of wikimedia.org Stake in N block cost KazMunaiGas $32 million As far as I remember, block N cost $32 million: Oil and Gas Minister.
04 February 2013
Map of oil and gas project N. Photo courtesy of wikimedia.org KazMunaiGas buys N Block B.V. stake from ConocoPhillips Kazakhstan's KazMunaiGas and ConocoPhillips Petroleum Holdings B.V. have completed a deal on a stake in N Block B.V.
31 January 2013
Kashagan oil and gas field. ©REUTERS KazMunaiGas chooses not to purchase ConocoPhillips’ 8.4% stake in the giant Kashagan oilfield Kazakhstan Government may decide on purchasing the stake before July 2013.
30 January 2013
Kashagan oil and gas field. ©REUTERS No decision on buying ConocoPhillips’ stake in Kashagan yet Oil and Gas Minister emphasized that the decision is to be taken by a special inter-agency committee that is carefully studying the issue at the moment.
22 January 2013
Kashagan oil and gas field. ©REUTERS Kazakhstan doesn’t rule out external borrowings to purchase ConocoPhillips’s stake in the giant Kashagan oilfield The consortium developing the field comprises Eni, Shell, ExxonMobil, Total and KazMunaiGaz (all with a 16.81% stake) as well as ConocoPhillips (8.4%) and Japan's Inpex (7.56%).
25 December 2012
ConocoPhillips sells off Nigerian operation US energy giant ConocoPhillips has agreed to sell its Nigerian operations to growing African group Oando for 1.79 billion dollars (1.35 billion euros).
21 December 2012
Kashagan oil and gas field. ©REUTERS Kazakhstan's Kashagan tagged world's most expensive energy project Kashagan's development in Kazakhstan has already absorbed $116 billion, which makes the project one of the most expensive discoveries of the last 40 years.
29 November 2012
Kashagan oil and gas field. ©REUTERS Sale of ConocoPhillips' stake in Kashagan to India is a 'red flag' for China Independent expert Olzhas Baidildinov of Kazakhstan has expressed his opinion on the news about ConocoPhillips intent to sell its stake in Kashagan to Indian ONGC.
28 November 2012
Oil and Gas Minister Sauat Mynbayev. © Daniyal Okassov ConocoPhillips hasn’t notified the Kazakhstan’s Government on its intention to sell 8.4% in the giant Kashagan oilfield A day before ConocoPhillips announced its intentions in a press-release, according to which the deal is expected to be finalized in the H1 2013.
27 November 2012

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