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Photo courtesy of munaigaz.kz Russia and Kazakhstan to launch working group on new gas pipeline to China The Russian side has shown a certain interest, and we are launching a joint group to meticulously study the possibilities: First Vice Energy Minister Uzakbai Karabalin.
27 August 2014
Photo ©Turar Kazangapov Gasoline prices spike in Kazakhstan Gasoline prices have grown 11-12% in Kazakhstan in one step.
22 August 2014
© RIA Novosti Kazakhstan and Russia discuss extending sales contract for Karachaganak gas Since 2002 Gazprom of Russia and KazMunaiGas National Oil Company have been cooperating within a JV KazRosGas to sell gas from Karachaganak field, send it to Russia’s Orenburg-based gas treatment facility to be further sold to consumers both in Kazakhstan and Russia.
24 July 2014
©Reuters/Tim Wimborne Pirates attack Malaysian tanker in South China Sea Pirates have attacked a Malaysian tanker and stolen the gas oil cargo before releasing it in the latest attack in Southeast Asian waters, officials said.
16 July 2014
© Yaroslav Radlovsky Petrol production in Kazakhstan grows 17% from January to June Earlier the country’s Oil Minister Uzakbai Karabalin assured journalists the country wasn’t going to face any petrol shortages.
16 July 2014
©Reuters/Amit Dave Government slaps $579 million penalty on India's Reliance The Indian government has announced a new penalty of $579 million on the country's largest private company, Reliance Industries, for failing to meet commitments to supply gas for the fourth year in a row.
16 July 2014
Cambodian police fire tear gas to break up protest clashes Cambodian police Tuesday fired tear gas to disperse demonstrators demanding authorities reopen the country's main protest venue, as clashes left at least 30 people injured, rights groups said.
15 July 2014
Kashagan oil field. ©Reuters Kashagan to be developed by consolidated company Kashagan will be developed by a consolidated joint venture company.
14 July 2014
Photo courtesy of newskaz.ru Oil recovery efficiently to spike 12% in Kazakhstan's west Oil recovery efficiency will be increased from the current 31% to 43% at oilfields in Mangistau Oblast through use of new technologies.
07 July 2014
Photo courtesy of novostienergetiki.ru Cost of electricity and gas in Kazakhstan to keep rising: Nazarbayev President of Kazakhstan Nursultan Nazarbayev said that the cost of electricity and gas would grow.
03 July 2014
Kashagan is one of the largest oil reserves in the world ©REUTERS Kashagan pipes replacement to increase costs eightfold: expert 700 percent is the estimated increase in the original cost of the Kashagan oil field project after the complete replacement of its pipelines.
01 July 2014
©Reuters/Babu Gas pipeline blast kills 16 in southern India: minister A massive explosion Friday on a state-owned gas pipeline running through the southern Indian state of Andhra Pradesh killed at least 16 people and gutted scores of homes, a state minister said.
27 June 2014
Photo ©munaigaz.kz Pavlodar Petrochemical Plant closes down for overhaul Pavlodar Petrochemical Plant (PPP) has closed down for scheduled repair works.
26 June 2014
Clashes as prominent Pakistan cleric returns to lead 'revolution' Police fired tear gas at supporters of a Canada-based cleric at Islamabad airport on Monday as he returned to Pakistan to lead what he has called a "revolution" against the elected government.
23 June 2014
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
©REUTERS Transition to new Kashagan operator started in May: NCOC North Caspian Operating Company (NCOC) informed that the transition to a new operator of the Kashagan project started back in May 2014.
18 June 2014
©REUTERS EU moves forward with Trans-Caspian Gas Pipeline: Barroso European Commission President Jose Manuel Barroso declared that EU will resume the development of the Trans-Caspian Gas Pipeline (TCP).
16 June 2014
Seven killed in Ukraine mine blast Seven miners were killed and two others are missing after a gas explosion ripped through an underground coal mine in eastern Ukraine, authorities said.
13 June 2014
©Reuters/Pawan Kumar Gas leak kills six at giant India steel plant A poisonous gas leak at one of India's largest steel plants killed six people overnight and injured 31 others, a factory official said.
13 June 2014
IEA Executive Director Maria van der Hoeven. Photo courtesy of energlobe.eu China set for 'Golden Age' of natural gas Demand for natural gas is set to nearly double within five years in China but the emerging market giant will meet half that with domestic supplies, the International Energy Agency said.
10 June 2014
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