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No restart of oil production at Kashagan this year Oil production at the Kashagan field in Kazakhstan is going to be restarted only in 2014, after full inspection of all the pipelines.

06 December 2013

CNPC AktobeMunaiGas to pay $50 million for environmental damage CNPC AktobeMunaiGas will have to pay 7.7 billion tenge ($50 million) for environmental violations in Kazakhstan.

04 December 2013

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.

01 December 2013

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.

29 November 2013

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.

26 November 2013

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.

25 November 2013

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.

13 November 2013

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.

13 November 2013

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.

13 November 2013

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.

12 November 2013

Shymkent oil refinery plant restarted after overhaul Shymkent Oil Refinery in southern Kazakhstan has started working after the overhaul.

11 November 2013

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.

08 November 2013

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

04 November 2013

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.

31 October 2013

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

29 October 2013

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.

24 October 2013

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.

24 October 2013

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

21 October 2013

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.

17 October 2013

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.

08 October 2013

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