site.news_by_theme Oil

Photo  ©tengrinews.kz 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 May 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 May 2014
Photo ©REUTERS 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 May 2014
Photo ©  <a href="http://altaynews.kz/" target="_blank">Altaynews.kz</a> Kazakhstan to value national parks over mineral resources: Baigarin Kazakhstan National Geographic Association urges to protect 30% of Kazakhstani land from economic activity.
26 May 2014
©REUTERS Vice Minister of Oil and Gas on Kashagan According to the country’s Minister of Economic Affairs Yerbolat Dossayev, the suspension of the project resulted in losing 0.5% of the GDP in 2014.
22 May 2014
Oilman at Tengiz oilfield.©REUTERS  Kazakhstan’s oil service market to accommodate $200 billion investments in the following 13 years At least 50 000 jobs will be created to accommodate Kazakhstan’s workforce: Yerlan Muratov, Vice Chairman of the Board at Kazakhstan Engineering National Company.
22 May 2014
Photo courtesy of munaigaz.kz Shymkent Oil Refinery modernization to involve 890 foreigners 890 foreign experts will be involved in reconstruction and modernization of the Shymkent Oil Refinery in southern Kazakhstan.
22 May 2014
Philippine, Vietnamese join anti-China street protest Several hundred Filipino and Vietnamese protesters united in a march in the Philippine capital on Friday, demanding that China stop oil drilling in disputed South China Sea waters.
17 May 2014
Photo © RIA Novosti KazMunaiGas discovers new oil KazMunaiGas Exploration Production JCS has announced a new discovery in the Bashkirian tier’s sediments of the Carboniferous period in the Rozhkovskoye field.
16 May 2014
©REUTERS Kazakhstan exports 20.383 million tons of crude and condensed gas in the first quarter In monetary terms, the exports figure for the period made up $16.690 billion, 20.7% up against the like period of 2013.
15 May 2014
Petrobras probe on US refinery 'near end' An internal investigation of Petrobras' controversial $1.1 billion purchase of a Texas refinery is nearing completion, the Brazilian state oil giant's chief said.
13 May 2014
Kashagan oil field. ©Reuters Counting losses from Kashagan suspension Losses from the forthcoming two-year suspension of the Kashagan oilfield development project in Kazakhstan are estimated at two billion dollars in the least.
11 May 2014
Photo ©REUTERS New operating company for Kashagan Kashagan project in Kazakhstan may get a new operatoring company in the nearest future.
08 May 2014
©REUTERS North Caspian Operating Company planning full replacement of pipelines at Kashagan Given the risks of further postponement of commercial production at the giant Kashagan oilfield, talks will be held with other oil companies to boost crude production figures, Tengrinews.kz reported earlier.
29 April 2014
Yerbolat Dossaeyv. ©primeminister.kz Commercial production at Kashagan to be resumed at the end of 2015: Minister of Economic Affairs He elaborated that “these are preliminary data obtained from the consortium of foreign companies in charge of developing the oilfield”.
29 April 2014
©RIA Novosti India to tap in Caspian oil in Kazakhstan India might become the developer of Kazakhstan’s Abai oil block at the Caspian Sea.
27 April 2014
Pierre Offan ©azh.kz Head of NCOC, Kashagan operating company, to resign A full-scaled resumption of crude production at the giant Kashagan oilfield should be expected at the end of 2015, Yves Louis Darricarrere, President of the Exploration & Production Division at Total SA, said earlier.
24 April 2014
Photo courtesy of scmp.com Pirates kidnap three on Singapore tanker off Malaysia Armed pirates boarded a Singapore-managed oil tanker in the Strait of Malacca, kidnapping three Indonesian crew and stealing some of the vessel's shipment of diesel fuel, the International Maritime Bureau said.
23 April 2014
©Reuters/Rupak De Chowdhuri Iran oil exports rise to 1.2 mn barrels per day Iran's crude oil exports have hit 1.2 million barrels per day, almost doubling from eight months ago when the country elected a new president, a top government official said.
18 April 2014
Photo courtesy of Kapital.kz LUKOIL sells 50% in Caspian Investment Resources Ltd with assets in Kazakhstan to China’s Sinopec According to Vagit Alekperov, LUKOIL head, the company plans to redirect funds into geological exploration, including in the Kazakhstan’s part of the Caspian Sea.
16 April 2014
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