Libya intercepts tanker loaded with rebel oilLibyan authorities said they intercepted a North Korean-flagged tanker which had loaded crude from a rebel-held eastern port, as the conflict over the country's key petroleum revenues escalated.
Malaysia expects 'jet oil slick' analysis MondayMalaysian authorities expect to complete by Monday afternoon a lab analysis that could indicate whether an oil slick at sea came from a missing passenger jet, an official said.
Kazakhstan-China tolling no longer feasible: MynbayevSauat Mynbayev, Chairman of KazMunaiGas (KMG), Kazakhstan's national oil and gas company, believes that duty-free supplies from Russia make shipment of Kazakhstan's crude to China for processing no longer feasible.
04 March 2014
KazMunaiGas Head on KashaganIt’s too early to talk of any specific figures, estimated expenses related to repairs of the pipe: KazMunaiGas National Oil Company Head.
04 March 2014
KazMunaiGas Head on the 4th oil refineryIn the second half of 2016 the three oil refineries they will be able to fully meet the domestic demand: Sauat Mynbayev.
04 March 2014
Kazakh Minister of Economic Affairs on KashaganWe hope the production will be resumed in the second half of the year, with the production output reaching 2.5-3 million tons of oil: Yerbolat Dossayev.
Oil markets tight, IEA warnsWorld 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.
14 February 2014
Nazarbayev expects serious oil from KashaganNursultan Nazarbayev, President of Kazakhstan, is expecting some ‘serious’ oil from flicking Kashagan oil field at the Caspian Sea in 2014.
Oil prices up on winter demand, Yellen testimonyOil 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.
12 February 2014
Costa Rica to sue Nicaragua over territorial sea rightsCosta 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.