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Chevron announces $36.8 bn Kazakh oil expansion

US oil giant Chevron announced Tuesday a $36.8 billion expansion project in Kazakhstan, the first major investment since the oil-price rout.

Chevron announces $36.8 bn Kazakh oil expansion
ExxonMobil, Rockefellers face off in climate battle

US energy giant ExxonMobil is facing an onslaught from environmentalists and some shareholders including the Rockefeller Family Fund.

ExxonMobil, Rockefellers face off in climate battle
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.

Consortium and Kazakh government agree on stages of Kashagan development
Kashagan oil field. ©REUTERS
Exxon may take over as Kashagan operator

Exxon Mobil, an American major multinational oil and gas corporation and world’s third largest company by revenue, may take over as Kashagan's new operator.

Exxon may take over as Kashagan operator
Photo ©REUTERS
New operating company for Kashagan

Kashagan project in Kazakhstan may get a new operatoring company in the nearest future.

New operating company for Kashagan
Kashagan oilfield. ©REUTERS
Kashagan oil production may be suspended for 2 years

Operations at gigantic Kashagan oilfield in Kazakhstan may be suspended for two years.

Kashagan oil production may be suspended for 2 years
 the Northwoods subdivision where an ExxonMobil pipeline ruptured in Mayflower. ©REUTERS/Suzi Parker
Arkansas opens probe into ExxonMobil spill

Arkansas opened an investigation into an ExxonMobil pipeline that unleashed thousands of barrels of crude and forced the evacuation of 22 homes.

Arkansas opens probe into ExxonMobil spill
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.

Decision on purchasing СonocoPhillips’s stake in Kashagan to be taken before May 25
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.

Sale of ConocoPhillips' stake in Kashagan to India is a 'red flag' for China
Nursultan Nazarbayev. Photo courtesy of Kazakhstan President's press-service
Nazarbayev met with Nobel prize-winners and representatives of international organizations

Kazakhstan President shared his views with the participants of the 5th Astana Economic Forum.

Nazarbayev met with Nobel prize-winners and representatives of international organizations
ONGC workers. ©REUTERS/Amit Dave
Indians planning to buy ExxonMobil's stake in Kashagan project

Oil & Natural Gas Corp and GAIL India Ltd. are planning to buy part of ExxonMobil's stake in the project developing Kashagan oil field.

Indians planning to buy ExxonMobil's stake in Kashagan project

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