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.
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.
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.
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.
$23 billion Tengiz expansion project approved
A project of the Tengiz field production facilities expansion worth $23 billion has been approved.
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.
Brazil's Petrobras announces new oil find
Brazil's oil giant Petrobras announced a new crude find Friday off the country's northeastern coast.
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.
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.
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.
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.
CPC will not delay expansion at Kashagan: expert
The Caspian Pipeline Consortium is unlikely to delay expansion at Kashagan, considering the agreements with Kashagan’s operators.
Chevron wins partial victory in Ecuador pollution case
An arbitration panel in the Hague has given US oil firm Chevron an important procedural victory in its battle against a $19 billion fine by Ecuador for polluting the Amazon basin region.
Concept to expand Karachaganak oil project may be drafted before year end
It’s a project that clearly proves that substantial investments into Kazakhstan-based oilfields can and have been recouped: Oil and Gas Minister.
Greenpeace activists scale oil rig in Russian Arctic
Two activists from Greenpeace were on Wednesday scaling an oil platform owned by state energy giant Gazprom in the Russian Arctic in a bid to stop it drilling for oil in a hugely sensitive area.
Crude production at Kashagan expected at 8 million tons in 2014: Oil and Gas Minister
Mr. Karabalin also elaborated that the Caspian Pipeline Consortium (CPC) would be able to handle the increased volume of crude.
Commercial production of 75 000 barrels a day at Kashagan to start early October
The maximum production level at Kashagan is 1.5 million barrels a day if the development plan is approved: Oil and Gas Minister.
Kazakhstan to minimize oil imports and meet domestic demand by 2020: Oil and Gas Minister
In 2014 Kazakhstan is expected to produce 83 million tons, with the figure to be brought up to 110 million tons in 2018.
Oil prices down after deal on Syrian chemical weapons
Oil prices fell in Asian trade Monday after a US-Russia deal on Syria's chemical weapons averted a potential Western military strike on the Assad regime.
Chevron, Transocean settle over Rio oil spill
US energy giant Chevron and Swiss-based rig operator Transocean signed a deal with Brazilian prosecutors on Friday to settle lawsuits over an oil spill off the coast of Rio de Janeiro.