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French Total promises to remove delaying factors at Kashagan According to Kazakhstan geologists, geological reserves of Kashagan are estimated at 4.8 billion tons of oil. promises

24 January 2014

China to fund $10 bn megarefinery in Ecuador China will finance most of the costs associated with building a $10 billion refinery in Ecuador, and become a partner in the megaproject.

23 January 2014

Kazakhstan should develop oil and gas transport infrastructure: IEA Executive Director Kazakhstan should develop oil and gas transport infrastructure and take a hard stance of pricing talks in the region: Maria van der Hoeven.

21 January 2014

Astana bids to host World Petroleum Congress, but looses to Istanbul The World Petroleum Congress is one of the most prestigious global events and Astana was biding to host it.

21 January 2014

Kazakhstan to tender out several onshore oil and gas blocks The moratorium on holding tenders on subsoil use rights for natural resources, including oil, was lifted at the meeting in January 2013.

21 January 2014

Kazakhstan to develop science: Nazarbayev Nazarbayev instructed the state officials to increase financing of scientific research in Kazakhstan.

20 January 2014

Gasoline shortage in Kazakhstan is ridiculous: Nazarbayev Kazakhstan President Nursultan Nazarbayev has declared that it was necessary to develop one more oil refinery in the country.

17 January 2014

Kashagan consortium to face emissions penalty The international consortium developing in the giant Kashagan oil field in Kazakhstan will be subject to emissions penalties.

17 January 2014

2014 production at Kashagan estimated at 2 million tons The volume of crude to be produced hinges on the period of repairs currently under way: Oil and Gas Minister.

16 January 2014

Almaty Airport increases jet fuel prices The Almaty International Airport is charging $1,290 for a ton of jet fuel.

16 January 2014

Kazakhstan to announce bidding contests for geological exploration at 8-9 oil blocks this year Last year after a moratorium on geological exploration was lifted Kazakhstan held bidding contests for geological exploration at 3 oil blocks.

16 January 2014

Kazakhstan to cooperate with Vietnam in oil industry Kazakhstan will cooperate with Vietnam in oil and gas.

16 January 2014

Sinopec to pay compensation over pipeline blast Chinese state-owned oil giant Sinopec will pay compensation over a November pipeline explosion at its facility in the city of Qingdao that killed dozens of people and caused losses of more than $100 million.

14 January 2014

Kazakh-Iran economic and trade cooperation to ease tension in the region Iranian Deputy Minister Valiola Afkhami visited Astana to meet with his Kazakhstani counterpart at the 3rd sitting of the Kazakh-Iranian Working Group on Trade and Economic Cooperation.

11 January 2014

NCOC discussing possible scenarios of safe oil production restart at Kashagan NCOC, the Kashagan field operator, has started discussing possible technological scenarios of safe oil production restart.

09 January 2014

S.Sudan government says poised to retake key town South Sudan's government said it was poised to recapture a key town from rebel forces, as peace talks being held in neighbouring Ethiopia appeared to be making slow progress.

08 January 2014

Qatar leaving no stone unturned in pursuit of sporting success Increasingly under the international spotlight after earning the right to host the 2022 World Cup, Qatar is leaving no stone unturned in its quest to become a sporting super-power.

04 January 2014

Ban on export of oil products from Kazakhstan prolonged until July 2014 Ban on export of petroleum products from Kazakhstan has been prolonged until the second half of 2014.

02 January 2014

Evacuation in North Dakota town after fiery oil-train explosion A freight train loaded with crude oil derailed in the US state of North Dakota Monday, sending a massive plume of toxic smoke skyward and forcing the evacuation of part of a small town, US media reported.

31 December 2013

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