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Pavlodar Petrochemical Plant closes down for overhaul Pavlodar Petrochemical Plant (PPP) has closed down for scheduled repair works.

26 июня 2014

US allows oil exports for 1st time since 1970s: WSJ The US will allow two companies to export unrefined oil for the first time in four decades, taking steps to break a ban on crude exports, The Wall Street Journal reported.

25 июня 2014

Chevron, Lukoil eyeing new project in Kazakhstan Chevron, Lukoil and other major companies are eyeing a new Eurasia Project in Kazakhstan, an oil production project in the Caspian Lowland.

19 июня 2014

Consortium and Kazakh government agree on stages of Kashagan development Members of the Kashagan project have signed a memorandum with the Kazakhstan Government on stages of the oilfield's development.

18 июня 2014

Transition to new Kashagan operator started in May: NCOC North Caspian Operating Company (NCOC) informed that the transition to a new operator of the Kashagan project started back in May 2014.

18 июня 2014

Shell reduces holding in Woodside Royal Dutch Shell on Tuesday announced it was reducing its stake in Australia's Woodside Petroleum, selling Aus$5.3 billion (US$5.0 billion) in shares as it focuses its Australian growth in directly-owned assets.

17 июня 2014

Pentagon temporarily grounds F-35 fighter jets The US military temporarily grounded its entire F-35 Joint Strike Fighter jet fleet at the weekend after an apparent engine oil leak, the latest glitch for the much-vaunted program.

16 июня 2014

John D. Rockefeller great-grandson dies in plane crash Richard Rockefeller, great-grandson of US oil tycoon and philanthropist John D. Rockefeller, died Friday in a plane crash in New York. He was 65.

14 июня 2014

Russian oil to reach China via Kazakhstan The Lower House of the Kazakh Parliament (Majilis) has adopted a draft law to ratify the agreement between Kazakhstan and Russia on cooperation in transportation of Russian oil to China via Kazakhstan.

11 июня 2014

Exxon may take over as Kashagan operator Exxon Mobil, an American major multinational oil and gas corporation and world’s third largest company by revenue, may take over as Kashagan's new operator.

07 июня 2014

Two hurt in Shell plant blaze in the Netherlands A massive explosion at a Shell oil plant in the Netherlands followed by a fire left two people injured Wednesday, authorities said.

04 июня 2014

El Salvador joins cut-rate oil grouping El Salvador on Monday announced it has joined Petrocaribe, the Venezuelan energy subsidy program that gives access to cut-rate oil.

03 июня 2014

Pirates free Indonesia-bound Thai tanker after cargo theft Pirates have released an Indonesian-bound Thai tanker after stealing its oil cargo, in the latest attack in Southeast Asian waters, the International Maritime Bureau said.

02 июня 2014

Venezuela to repay $2 bn of debt to local importers Venezuela announced Friday it would repay a small part its debt to local importers, after currency controls have sparked mass shortages of basic goods in the oil-rich country.

31 мая 2014

Norway removes Greenpeace ship from contested Arctic drill site Norwegian coastguards on Friday removed a Greenpeace ship from a controversial Arctic drilling site where it was trying to prevent oil explorations, the environmentalist group said.

31 мая 2014

Spain okays Repsol plan for Canary Islands exploration The Spanish government on Thursday gave oil giant Repsol the green light to explore for oil and gas off the coast of the Canary Islands, a move that environmental groups described as "unjustifiable".

30 мая 2014

Shuvalov outlines Eurasian Economic Union timeframe and benefits Prominent Russian politician Igor Shuvalov talked about benefits of the Eurasian Economic Union in Kazakhstan's Astana.

30 мая 2014

Oil tanker listing off Japan after huge explosion A 998-tonne oil tanker was listing off the Japanese coast Thursday after a large explosion and subsequent fire that sent towering columns of acrid smoke into the sky.

29 мая 2014

New operator for Kashagan to be launched by September 2014 The new operator will comprise best specialists employed with member companies of the consortium: Oil Minister Uzakbai Karabalin.

27 мая 2014

Kazakhstan to value national parks over mineral resources: Baigarin Kazakhstan National Geographic Association urges to protect 30% of Kazakhstani land from economic activity.

26 мая 2014

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