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Kashagan will be developed by a consolidated joint venture company.
Oil recovery efficiency will be increased from the current 31% to 43% at oilfields in Mangistau Oblast through use of new technologies.
President of Kazakhstan Nursultan Nazarbayev said that the cost of electricity and gas would grow.
700 percent is the estimated increase in the original cost of the Kashagan oil field project after the complete replacement of its pipelines.
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.
Pavlodar Petrochemical Plant (PPP) has closed down for scheduled repair works.
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.
Members of the Kashagan project have signed a memorandum with the Kazakhstan Government on stages of the oilfield's development.
North Caspian Operating Company (NCOC) informed that the transition to a new operator of the Kashagan project started back in May 2014.
European Commission President Jose Manuel Barroso declared that EU will resume the development of the Trans-Caspian Gas Pipeline (TCP).
Seven miners were killed and two others are missing after a gas explosion ripped through an underground coal mine in eastern Ukraine, authorities said.
A poisonous gas leak at one of India's largest steel plants killed six people overnight and injured 31 others, a factory official said.
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.
Ukraine's week of tough negotiations with Russia, aimed at ending a separatist insurgency and averting a gas cut-off, got off to a rocky start as a round of gas talks broke up early Tuesday without a deal.
Turkish soldiers on Wednesday fired tear gas and water cannon at Kurds protesting plans to build military barracks in the southeast of the country.
Prominent Russian politician Igor Shuvalov talked about benefits of the Eurasian Economic Union in Kazakhstan's Astana.
We expect the gross production of crude and condensed gas to reach 112 million tons a year by 2030; the figure stood at 81.8 million tons last year: Uzakbai Karabalin.
Kazakhstan National Geographic Association urges to protect 30% of Kazakhstani land from economic activity.
The head of Russian state gas giant Gazprom escaped being named on a list of EU sanctions over the Ukraine crisis after lobbying from European energy firms, Moscow newspaper Vedomosti reported.
KazMunaiGas Exploration Production JCS has announced a new discovery in the Bashkirian tier’s sediments of the Carboniferous period in the Rozhkovskoye field.
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