Реклама +7(700) 388 81 09

site.news_by_theme Oil

©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.

Vice Minister of Oil and Gas on Kashagan
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.

Kazakhstan’s oil service market to accommodate $200 billion investments in the following 13 years
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.

Shymkent Oil Refinery modernization to involve 890 foreigners
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.

Philippine, Vietnamese join anti-China street protest
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.

KazMunaiGas discovers new oil
©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.

Kazakhstan exports 20.383 million tons of crude and condensed gas in the first quarter
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.

Petrobras probe on US refinery 'near end'
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.

Counting losses from Kashagan suspension
Photo ©REUTERS
New operating company for Kashagan

Kashagan project in Kazakhstan may get a new operatoring company in the nearest future.

New operating company for Kashagan
©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.

North Caspian Operating Company planning full replacement of pipelines at Kashagan
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”.

Commercial production at Kashagan to be resumed at the end of 2015: Minister of Economic Affairs
©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.

India to tap in Caspian oil in Kazakhstan
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.

Head of NCOC, Kashagan operating company, to resign
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.

Pirates kidnap three on Singapore tanker off Malaysia
©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.

Iran oil exports rise to 1.2 mn barrels per day
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.

LUKOIL sells 50% in Caspian Investment Resources Ltd with assets in Kazakhstan to China’s Sinopec
wikipedia.org
Talks to be held to boost oil production at other oilfields over failed plans to produce 2.5 million tons at Kashagan

Talks will be held with other oil producers to boost crude production and exports by at least 1.5 million tons at other oilfields: Minister of Economic Affairs.

Talks to be held to boost oil production at other oilfields over failed plans to produce 2.5 million tons at Kashagan
©Reuters/Bogdan Cristel
Chevron, YPF ramp up Argentina shale investment

US oil giant Chevron and state-controlled YPF unveiled plans Thursday to spend another $1.6 billion to develop Argentina's Vaca Muerta shale formation for oil and gas projects.

Chevron, YPF ramp up Argentina shale investment
Kashagan oilfield. ©REUTERS
Kashagan oil production may be suspended for 2 years

Operations at gigantic Kashagan oilfield in Kazakhstan may be suspended for two years.

Kashagan oil production may be suspended for 2 years
panoramio.com
Oil Minister on Kazakhstan’s export capabilities amidst possible sanctions against neighboring Russia

According to him, Kazakhstan’s Caspian sea port in Aktau now exports about 12 million tons of crude; the route to China also remains important.

Oil Minister on Kazakhstan’s export capabilities amidst possible sanctions against neighboring Russia