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Hobbled by rising production costs and low prices, Brazil's ethanol sector is in crisis, with many sugar mills closing despite rising demand.

Mass poisoning of workers of Kezbi oil service company has been registered in Zhanaozen city of Mangystau oblast in western Kazakhstan.

We only brought the figure in line with western systems of estimates: BP's Chief Economist Christof Ruhl.

Construction began on Sunday for the Serbian stretch of Russia's South Stream pipeline which will bring Russian gas directly to Europe, making it less vulnerable to price disputes.

The Kazakhstan Ministry of Oil and Gas declined to make any statement until causes of accident and those responsible for it are identified.

Russian President Vladimir Putin was in South Korea Wednesday to push a pet project for a new major trading route linking Asia and Europe by rail that requires prying open North Korea.

Production from the Kashagan oilfield was not taken into consideration when the 2013 Kazakhstan state budget was made, so it will not affect the planned budget revenues.

Around 40 contracts on subsurface use will be terminated in Kazakhstan by the end of the year.

Shymkent Oil Refinery in southern Kazakhstan has started working after the overhaul.

A boom in gas production will reshape the US role in Asia and could fuel new tensions with a growing, energy-hungry China.

Kazakhstan intends to join the Islamic Financial Services Board (IFSB).

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.

Managing Director of Agip KCO Umberto Carrara is going to be replaced by Guido Brusco after November 1.

Magzum Mirzagaliyev has been appointed the new Oil and Gas Vice-Minister of Kazakhstan.

Bus driver failed to yield the right of way to a heavy truck at Karachaganak gas condensate; 18 workers were injured, four of them gravely.

A pipeline pumping natural gas from Myanmar to energy-hungry China has gone fully operational.

In line with the schedule, the first $1.5 million is to be paid off in October, with another $5 million in November and the other $5.7 million in December.

We currently transport over 63 billion cubic meters of gas to China via two strings of this pipeline. Construction of the third string has started and it is scheduled to be launched in 2016: Sauat Mynbayev.

The United States could push past Russia and Saudi Arabia as the world's largest single producer of oil and of natural gas this year.

Direct supplies of Caspian gas to Europe are expected by the beginning of 2019.
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