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Chinese firms to star in upcoming Brazil oil auction Chinese oil giants CNOOC and CNPC will be in a prime position in next week's first auction of deep-water concessions in Brazil's coveted Libra oilfield.

18 October 2013

Australia, US, France urge Antarctic protected areas Australia, New Zealand, the United States, France and the EU on Wednesday stepped up pressure on Russia for a swift agreement to create vast Antarctic marine sanctuaries.

16 October 2013

Leaking wells may cause ecological disaster at Caspian Sea There are currently around 1,400 leaking wells in the Caspian sea area; 128 of them are underwater: Atyrau Oblast Akim.

14 October 2013

Venezuela holds US-operated oil ship in spat with Guyana Venezuela on Friday said it has detained a US-operated oil exploration ship sent from Guyana in disputed waters off its coast, in a fresh border spat between the two neighbors.

13 October 2013

Kashagan oil may be partially supplied to China Every participant of the consortium has a right to sell oil individually and, thus, the route, destination and prices depend on the participants of the consortium working at Kashagan: Minister.

10 October 2013

Global oil production will peak in 2030s: Minister Energy consumption is expected to grow 30-40 percent by 2030: Kazakhstan Oil and Gas Minister.

09 October 2013

Oil production at Kashagan reaches 60 thousand barrels per day Kazakhstan and its partners have been waiting for this for over 10 years: Sauat Mynbayev.

09 October 2013

Third string of Kazakhstan-China pipeline to be launched in 2016 We currently transport over 63 billion cubic meters of gas to China via two strings of this pipeline. Construction of the third string has started and it is scheduled to be launched in 2016: Sauat Mynbayev.

08 October 2013

Shymkent refinery suspended for overhaul Shymkent oil refinery has been suspended for 30 days.

08 October 2013

Singapore, China giants 'mull Spain gas investment': report Singapore state investment giant Temasek and Chinese oil group Sinopec aim to snap up a multi-billion-euro stake in Spain's Gas Natural.

08 October 2013

Saudis take to Twitter to demand better pay Despite their country boasting the world's greatest oil wealth, many Saudis complain their salaries are not enough to make ends meet, and are taking to Twitter to demand more money.

07 October 2013

Crude production resumed at Kashagan oilfield “October 6, upon completion of all the repairs, the wells at the oilfield have been restarted (…) production was resumed with no complications”, according to the country’s Oil and Gas Ministry.

07 October 2013

US set to be top oil, gas producer in 2013: EIA The United States could push past Russia and Saudi Arabia as the world's largest single producer of oil and of natural gas this year.

07 October 2013

$23 billion Tengiz expansion project approved A project of the Tengiz field production facilities expansion worth $23 billion has been approved.

02 October 2013

Crude production at Kashagan to be resumed in a few days Crude production was suspended September 25 due to some faults of the gas pipeline. According to first estimates, the repairs were supposed to take 3-4 days. However, oil production hasn’t been resumed yet.

02 October 2013

Brazil's Petrobras announces new oil find Brazil's oil giant Petrobras announced a new crude find Friday off the country's northeastern coast.

28 September 2013

Parliament ratifies agreement on exploitation of Kazakhstan-China pipeline Kazakhstan Parliament has ratified the agreement between Kazakhstan and Chinese governments on cooperation during development and exploitation of Kazakhstan-China oil pipeline.

26 September 2013

Kashagan accident won't harm commercial production: Kazakhstan Minister A small content of gas was discovered in the air during a check of the ground gas pipeline 2km from Bolashak oil treatment plant in Atyrau oblast.

26 September 2013

Kazakhstan to maintain oil pipeline to China without China's help There will be as few foreign workers at the Kazakhstan-China oil pipeline as possible.

24 September 2013

CU poised to unify duties on oil products The Customs Union countries - Kazakhstan, Russia and Belarus - are working to align duties on oil products to tackle corruption.

23 September 2013

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