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Russia to start crude supplies to China across Kazakhstan from January 1, 2014 The agreement comes to force January 1, 2014. The agreement shall be valid for 10 years: Russia’s Energy Minister Aleksandr Novak.

25 December 2013

Morgan Stanley sells oil trading assets to Rosneft Investment bank Morgan Stanley Friday announced plans to sell part of its commodity business to Russian oil giant Rosneft for an undisclosed sum.

21 December 2013

Putin pardons Khodorkovsky after 10 years in jail President Vladimir Putin on Friday signed a decree granting a pardon to Russia's former richest man and bitter Kremlin critic Mikhail Khodorkovsky, allowing his release after more than a decade in prison.

20 December 2013

Canadian court greenlights Ecuadoran lawsuit against Chevron Ecuadoran villagers can seek to enforce in Canada a multi-billion-dollar Ecuadoran judgment against Chevron for polluting the Amazonian rainforest, a Canadian court ruled Tuesday.

18 December 2013

Mexico's Congress approves historic oil reform Mexico's Congress approved historic energy reform Thursday aimed at luring foreign oil firms back into the country and ending the state's 75-year-old monopoly following a heated debate.

13 December 2013

Oil explorer eyes Spain's pristine Canary Islands Luring millions of tourists a year with its crystal-clear waters, warm winters and precious wildlife, Spain's Canary Islands may hold another treasure -- oil -- that is attracting a less welcome visitor.

11 December 2013

NCOC announces cause of gas leaks at Kashagan oil field Sulphide stress corrosion is the direct cause of the gas leak at the Kashagan field in Kazakhstan.

10 December 2013

No restart of oil production at Kashagan this year Oil production at the Kashagan field in Kazakhstan is going to be restarted only in 2014, after full inspection of all the pipelines.

06 December 2013

CNPC AktobeMunaiGas to pay $50 million for environmental damage CNPC AktobeMunaiGas will have to pay 7.7 billion tenge ($50 million) for environmental violations in Kazakhstan.

04 December 2013

OPEC to sit tight over oil output on supply strains OPEC is set to stick to its oil output limit at a meeting here on Wednesday, even as Iraq and Iran eye higher crude exports amid slashed Libyan production.

04 December 2013

China pipeline blast toll rises to 62 The final death toll from an oil pipeline explosion in the Chinese coastal city of Qingdao is 62.

03 December 2013

28 oil workers poisoned, 2 fatally in Zhanaozen Mass poisoning of workers of Kezbi oil service company has been registered in Zhanaozen city of Mangystau oblast in western Kazakhstan.

29 November 2013

Chevron alleges Ecuador fraud in oil pollution case Chevron claimed Tuesday that corrupt Ecuadoran plaintiffs mounted an elaborate fraud to win a multi-billion-dollar case against it for polluting the Amazonian rainforest, in arguments before a US court.

27 November 2013

New tariffs set for KazTransOil pipeline oil pumping Kazakhstan Agency for Regulation of Natural Monopolies (Anti-Monopoly Agency) has approved new tariffs on oil pumping through the KazTransOil pipeline.

27 November 2013

Share of China’s companies in Kazakhstan’s oil production estimated at 24% Chinese companies primarily work at oil deposits based in Kyzylorda ad Atyrau oblasts.

27 November 2013

Scotland to make case for independence The Scottish government on Tuesday unveils its legal argument for independence from the United Kingdom, but nationalist leaders face an uphill battle in convincing voters to end the 300-year union.

26 November 2013

Argentina, Spain agree to negotiate over YPF nationalization Argentina, Spain and Mexico have agreed to negotiate a deal on Buenos Aires' 2012 nationalization of Repsol's stake in YPF, the Economy Ministry said Monday.

26 November 2013

China plans to launch crude oil futures market China, the world's largest energy consumer, on Friday took a step towards launching a market of its own for crude oil futures -- which foreign investors may be allowed to trade.

23 November 2013

No pollution discovered at Kashagan No pollution has been found around the Kashagan oil field in Kazakhstan.

22 November 2013

Scale of pollution caused by oil train flaring near Aktau announced The authorities have made a statement on the magnitude of the explosion near Aktau: the petroleum spill has covered 3480 square meters.

22 November 2013

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