News about Oil

Kazakhstan and Iran discuss renewal of oil swaps

Kazakhstan is thinking of a number of investment projects involving the Iranian side in Kyzylorda oblast: plans are afoot to launch a glass making facility, a facility to produce alumina, and a leach plant in Karaganda oblast: President Nazarbayev.
09 September 2014 14:35

Fuel deficit creates kilometer-long queues in Kazakhstan

Uralsk is an administrative center of West Kazakhstan Oblast. The Oblast produces both oil and gas. However, since early morning yesterday people in the city have been forming kilometer-long queues to refuel.
29 August 2014 19:10

Russia's Lukoil sells filling stations in Ukraine

Russia's Lukoil said it had reached preliminary agreement to sell its network of filling stations in Ukraine, days after radical nationalists there tried to extort fuel from the company.
31 July 2014 15:02

Russia ordered to pay Yukos shareholders $50 billion

The arbitration court in The Hague has ordered Russia to pay shareholders of Yukos $50 billion in compensation over its seizure of the one-time oil giant, main shareholder GML Ltd said in London
28 July 2014 15:30

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