Investments injected into the oilfield have been recouped: Minister of Oil and Gas Uzakbai Karabalin.
A trial of the petrol truck driver involved in the massive flaring of a petrol train has started In Mangistau Oblast.
A consortium of four major South Korean construction companies has won a $6.04 billion deal to build an oil refinery in Iraq.
World oil markets are unexpectedly tight as growth in advanced economies picks up, the IEA warned on Thursday, urging OPEC to skip a seasonal output drop as stocks touch six-year lows.
Nursultan Nazarbayev, President of Kazakhstan, is expecting some ‘serious’ oil from flicking Kashagan oil field at the Caspian Sea in 2014.
Kashagan couldn’t have any influence on revenues that the Government had been planning to gain from crude sales in 2014: Uzakbai Karabalin.
Oil prices rose in Asian trading hours Wednesday due to strong winter demand and expectations that new Federal Reserve head Janet Yellen will not shake up US monetary policy.
Costa Rica said Tuesday it will take Nicaragua to the International Court of Justice over what San Jose alleges is Managua's seeking to have oil exploration work done in Costa Rican waters.
The major problematic zones are zones adjacent to welded joints: Uzakbai Karabalin.
South Korea's coastguard said Monday it would take at least two weeks to clean up the shoreline fouled by an oil spill off the southwestern port of Yeosu.
Oil and gas companies are going to be held responsible for the labor conflicts occurring on their sites.
As of today there are 199 contracts for hydrocarbons production, with 171 of them containing certain requirements to the share of locally produced products/services and the share of local work force.
One of the pressing issues when constructing a 4th oil refinery in Kazakhstan is to ensure sufficient crude: Oil and Gas Minister.
The 2013 crude and condensed gas production totaled 81.8 million tons.
The start showed that the well works all right and the entire drilling complex is properly functioning: Oil and Gas Minister.
Oil prices were mixed in Asian trade Monday as dealers focused on the US Federal Reserve's policy meeting this week in anticipation of further stimulus pullback.
According to Kazakhstan geologists, geological reserves of Kashagan are estimated at 4.8 billion tons of oil. promises
China will finance most of the costs associated with building a $10 billion refinery in Ecuador, and become a partner in the megaproject.
Kazakhstan should develop oil and gas transport infrastructure and take a hard stance of pricing talks in the region: Maria van der Hoeven.
The World Petroleum Congress is one of the most prestigious global events and Astana was biding to host it.
- South Korea
- Middle East & Africa
- Asia Pacific
- United States
- Nursultan Nazarbayev
- Costa Rica
- emergency situations