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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 мая 2014, 22:33

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 мая 2014, 16:00

890 foreign experts will be involved in reconstruction and modernization of the Shymkent Oil Refinery in southern Kazakhstan.

• 22 мая 2014, 01:36

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 мая 2014, 00:25

KazMunaiGas Exploration Production JCS has announced a new discovery in the Bashkirian tier’s sediments of the Carboniferous period in the Rozhkovskoye field.

• 16 мая 2014, 01:55

In monetary terms, the exports figure for the period made up $16.690 billion, 20.7% up against the like period of 2013.

• 15 мая 2014, 14:31

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 мая 2014, 10:38

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 мая 2014, 16:47

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

• 08 мая 2014, 13:43

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 апреля 2014, 14:01

He elaborated that “these are preliminary data obtained from the consortium of foreign companies in charge of developing the oilfield”.

• 29 апреля 2014, 13:34

India might become the developer of Kazakhstan’s Abai oil block at the Caspian Sea.

• 27 апреля 2014, 12:13

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 апреля 2014, 00:06

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 апреля 2014, 11:06

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 апреля 2014, 18:25

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 апреля 2014, 11:06

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.

• 14 апреля 2014, 15:39

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.

• 12 апреля 2014, 10:41

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

• 10 апреля 2014, 04:52

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.

• 07 апреля 2014, 13:02