Nazarbayev discussed implementation of Kashagan project with Shell
Kazakhstan President Nursultan Nazarbayev met with Chief Executive Officer of Shell Peter Voser.
Kazakhstan's Kashagan tagged world's most expensive energy project
Kashagan's development in Kazakhstan has already absorbed $116 billion, which makes the project one of the most expensive discoveries of the last 40 years.
Sale of ConocoPhillips' stake in Kashagan to India is a 'red flag' for China
Independent expert Olzhas Baidildinov of Kazakhstan has expressed his opinion on the news about ConocoPhillips intent to sell its stake in Kashagan to Indian ONGC.
ConocoPhillips hasn’t notified the Kazakhstan’s Government on its intention to sell 8.4% in the giant Kashagan oilfield
A day before ConocoPhillips announced its intentions in a press-release, according to which the deal is expected to be finalized in the H1 2013.
ConocoPhillips to sell its stake in Kashagan to India’s ONGC Videsh Limited
The deal is expected to be finalized in the H1 2013. ConocoPhillips’s proceedings from the sale are expected to reach $5 billion.
PM Serik Akhmetov shown round Bolashak onshore oil treatment plant
Head of the Kazakh Government was briefed on the plant’s readiness to receive commercial oil from the giant Kashagan oilfield.
Nazarbayev discussed development of Kashagan and Karachaganak fields with Eni
Kazakhstan President Nursultan Nazarbayev met with Eni's CEO Paolo Scaroni.
Kazakhstan Oil and Gas Minister on status of major oil projects
Speaking at the 7th Eurasian forum KAZENERGY, Sauat Mynbayev noted that Kashagan is expected to bring profits in 2013.
ConocoPhillips might exit the Kashagan project: Oil Minister
The Minister elaborated that “no official announcements have been made”.
Commercial production at giant oilfield Kashagan to start in spring 2013
The decision was taken not to start the production amidst severe winter conditions.
Second and third phases of Kashagan development will start on time
The second and third phases of the project will start on time and the profitability of the field time-wise is estimated until 2112: KazMunaiGas.
Commercial production at Kashagan to start between December 2012 and June 2013
Among other things, the sides have agreed to finance KazMunaiGas’ share of investments in 2012-2013 out of the consortium’s funds.
Pilot oil production at Kashagan to start by year end
Everything will be completed and pilot exploitation will start by the end of the year: KazMunaiGas chairman.
Financial police to investigate into bribe allegations over Kashagan
Early May Сorriere della Sera, an Italian newspaper, ran a material that Milan Prosecutor Office reportedly suspects Eni of bribing at the time of signing the deal on development of the Kashagan oilfield.
Production at Kashagan to start at 75 000 barrels a day
Plans are there to bring the production figure up to 350 000 barrels a day or even up to 450 000 barrels a day at the first stage of the oilfield development.
Corruption claims will have no effect on Kashagan project: Kazakhstan Oil and Gas Ministry
Kazakhstan Oil and Gas Ministry considers foreign media's accusing of Eni company of bribery during signing of contracts on Kashagan oil and gas field an internal battle between participants of the project.
KazMunaiGas to issue bonds at the APR of 6% to finance Kashagan: Central Bank Governor
The National Oil Fund assets managed by the National Bank will be used to purchase the bonds.
Kazakhstan still expects first oil at Kashagan before the end of 2012
According to KMG, the Company plans to invest $8 billion into the project before 2014, with the total of investments into a range of projects standing at $20 billion.
We may get back to constructing fourth oil refinery to accommodate Kashagan oil: PM Massimov
As of today, Kazakhstan-based refineries process a bit over 13 million tons a year. Plans are there to increase oil processing up to 17.5 million tons by 2015.
KazMunaiGas to obtain a loan of $4 billion out of the National Oil Fund to finance Kashagan development
According to Kazakhstan geologists, geological reserves of Kashagan are estimated at 4.8 billion tons of oil.
