site.news_by_theme Oil

©Reuters/Marcos Brindicci 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
©Reuters/Stringer 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
Kashagan oil field. ©Reuters No pollution discovered at Kashagan No pollution has been found around the Kashagan oil field in Kazakhstan.
22 November 2013
The accident site. ©Lada.kz/Denis Onishchenko 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
Photo © Lada.kz Updates on petroleum train accident near Aktau Akim (Governor) of Mangystau Oblast Alik Aidarbayev visited the train driver who was injured when the petroleum train flared at the Mangystau Oblast Hospital.
18 November 2013
The accident site. ©Lada.kz Oil tank truck driver found and tells his story of petrolium train flaring near Aktau The MAN oil tank truck driver told his story of the accident of the oil tank truck and the petroleum tank train near Aktau that caused an explosion, fire and human victims.
18 November 2013
Burning petroleum train near Kazakhstan's Aktau. ©Lada.kz 1200 cubic meters of oil in 17 tanks burnt in yesterday's petroleum train fire near Aktau The train driver is in a grave condition with 3rd category burns of 30% of this body.
17 November 2013
The accident site. ©Lada.kz Petroleum train derailed by MAN oil tank truck, 10 tanks on fire in Aktau: KTZ comments The fire started as a result of the train's collision with a MAN oil tank truck that belongs to Emiroil company; one man dead, one injured, one missing.
16 November 2013
The accident site. ©Lada.kz Petroleum train on fire in Aktau, 2 dead one missing Oil tanks are on fire near Aktau city in western Kazakhstan. Both locomotive drivers were killed by the fire, truck driver is missing, reportedly on the run.
16 November 2013
Kashagan Oil Field. ©Reuters Oil production at Kashagan may be resumed in December Oil production from the Kashagan field at Kazakhstan's Caspian shelf may be resumed in December.
14 November 2013
©RIA Novosti Rosneft to supply crude to Kazakhstan in exchange for transit to China Rosneft will supply Kazakhstan with additional crude in exchange for the oil transit to China.
14 November 2013
Kashagan Oil Field. Photo ©REUTERS Kazakhstan Oil Ministry has nothing to say about suspension at Kashagan The Kazakhstan Ministry of Oil and Gas declined to make any statement until causes of accident and those responsible for it are identified.
13 November 2013
Putin in S. Korea to push new 'Silk Road' via N. Korea Russian President Vladimir Putin was in South Korea Wednesday to push a pet project for a new major trading route linking Asia and Europe by rail that requires prying open North Korea.
13 November 2013
©Reuters/Brendan McDermid Chevron ordered to pay Ecuador $9.51 bn on appeal: court An Ecuadoran court Tuesday upheld a ruling that US oil giant Chevron was liable for environmental damage in its Amazon basin region by sister company Texaco, but ordered it to pay a reduced $9.51 billion.
13 November 2013
Kashagan Oil Field. Photo ©REUTERS Suspension at Kashagan won't affect Kazakhstan's 2013 budget Production from the Kashagan oilfield was not taken into consideration when the 2013 Kazakhstan state budget was made, so it will not affect the planned budget revenues.
13 November 2013
A boring rig. Photo © Ria Novosti 40 subsurface use contracts to be terminated in Kazakhstan Around 40 contracts on subsurface use will be terminated in Kazakhstan by the end of the year.
12 November 2013
©REUTERS Rosneft to transit crude to China across Kazakhstan Late October Russia’s Energy Minister Aleksandr Novak said that Rosneft was negotiating oil transits across Kazakhstan to China via the Kazakh-Chinese Atasu-Alashankow pipeline.
12 November 2013
©Reuters Kazakhstan lifts restrictions from import of Russian petrol The government of Kazakhstan has lifted restrictions from import of petrol from Russia.
12 November 2013
Shymkent oil refinery plant. Photo a courtesy of munaigaz.kz Shymkent oil refinery plant restarted after overhaul Shymkent Oil Refinery in southern Kazakhstan has started working after the overhaul.
11 November 2013
 ©RIA Novosti Max Petroleum to drill two more wells at Uytas field Kazakhstan-focused British Max Petroleum is planning to drill two more wells in the Uytas field.
08 November 2013
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