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The prices of gasoline, ethanol and diesel fuel are shown at a gas station at Copacabana Beach in Rio de Janeiro November 29, 2013.©Reuters/Ricardo Moraes
Despite rising demand, Brazil ethanol sector struggles

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

Despite rising demand, Brazil ethanol sector struggles
©Tengrinews.kz
28 oil workers poisoned, 2 fatally in Zhanaozen

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

28 oil workers poisoned, 2 fatally in Zhanaozen
Photo courtesy of gasandoil.in
BP plc decreases Kazakhstan’s natural gas proven reserves figures

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

BP plc decreases Kazakhstan’s natural gas proven reserves figures
Gazprom launches South Stream construction in Serbia

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.

Gazprom launches South Stream construction in Serbia
Kashagan Oil Field. Photo ©REUTERS
Kazakhstan Oil Ministry has nothing to say about suspension at Kashagan

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

Kazakhstan Oil Ministry has nothing to say about suspension at Kashagan
Putin in S. Korea to push new 'Silk Road' via N. Korea

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.

Putin in S. Korea to push new 'Silk Road' via N. Korea
Kashagan Oil Field. Photo ©REUTERS
Suspension at Kashagan won't affect Kazakhstan's 2013 budget

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.

Suspension at Kashagan won't affect Kazakhstan's 2013 budget
A boring rig. Photo © Ria Novosti
40 subsurface use contracts to be terminated in Kazakhstan

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

40 subsurface use contracts to be terminated in Kazakhstan
Shymkent oil refinery plant. Photo a courtesy of munaigaz.kz
Shymkent oil refinery plant restarted after overhaul

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

Shymkent oil refinery plant restarted after overhaul
©Reuters/Stefan Wermuth
Gas boom to reshape US role in Asia: study

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

Gas boom to reshape US role in Asia: study
Asset Issekeshev. ©Marat Abilov
Kazakhstan poised to join Islamic Financial Services Board

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

Kazakhstan poised to join Islamic Financial Services Board
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.

ConocoPhillips completes sale of Kashagan share to KMG and views Kashagan as non-core asset
©Reuters
Managing Director of Agip KCO resigns

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

Managing Director of Agip KCO resigns
Magzum Mirzagaliyev. ©SKazyna
Magzum Mirzagaliyev appointed Kazakhstan's Vice-Minister of Oil and Gas

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

Magzum Mirzagaliyev appointed Kazakhstan's Vice-Minister of Oil and Gas
Processing facility at Karachaganak field. ©Reuters
Heavy truck crashes bus at Karachaganak field injuring 18

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.

Heavy truck crashes bus at Karachaganak field injuring 18
©Reuters/Laszlo Balogh
Myanmar-to-China gas pipeline fully open: media

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

Myanmar-to-China gas pipeline fully open: media
Kyrgyzstan to pay off its debts for gas supplies before the end of 2013

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.

Kyrgyzstan to pay off its debts for gas supplies before the end of 2013
Photo by Yaroslav Radlovskiy©
Third string of Kazakhstan-China pipeline to be launched in 2016

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.

Third string of Kazakhstan-China pipeline to be launched in 2016
US set to be top oil, gas producer in 2013: EIA

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.

US set to be top oil, gas producer in 2013: EIA
©RIA Novosti
First Caspian gas supplies to Europe expected in 2019

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

First Caspian gas supplies to Europe expected in 2019