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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.

18 September 2013

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.

17 September 2013

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.

17 September 2013

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.

16 September 2013

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.

14 September 2013

Transneft ready to ship Kashagan crude However, we need to know the anticipated volume and make sure the supplies are stable: Transneft’s spokesman.

12 September 2013

China to finance Kazakhstan’s share of investments into Kashagan Further increase of the Chinese investors’ stake in the project is not considered: Oil and Gas Minister Bolat Akchulakov.

12 September 2013

Oil prices mixed as Obama seeks to delay Syria vote Oil prices were mixed in Asian trade Wednesday, following big falls in New York and after US President Barack Obama asked Congress to delay a vote on US military action in Syria, analysts.

12 September 2013

NCOC poised to start commercial production at Kashagan in October The operator of Kashagan oilfield in Kazakhstan, NCOC consortium, is interested in starting the commercial production in October 2013.

11 September 2013

Oil production started at Kashagan The consortium has re-activated the first production well and produced the first oil from the field in the North Caspian Sea on September 11, 2013.

11 September 2013

British Max Petroleum strikes oil in Kazakhstan British Max Petroleum PLC has discovered oil at Sagiz West and Uitas fields in Atyrau oblast in western Kazakhstan.

11 September 2013

Chevron claims new proof of fraud in Ecuador pollution ruling US oil giant Chevron, hit in Ecuador with a record $19 billion fine for pollution, asked Monday for the court to consider what it claimed was "new evidence" the judge in the case was corrupt.

11 September 2013

Indonesia supports Astana's bid to host World Petroleum Congress Indonesia is ready to support Kazakhstan’s bid to host the World Petroleum Congress in 2017 in Astana.

10 September 2013

Kazakhstan’s President suggests working out an effective system to manage the country’s hydrocarbons By 2050 the share of alternative sources should be brought up to 50% (…) Kazakhstan does have all the prerequisites for that, he believes.

10 September 2013

Oil production at the giant Kashagan oilfield is to start in the nearest days Earlier the country’s media reported that the oil production was to start September 9.

10 September 2013

Oil prices slide from Syria-fuelled highs Oil prices lost support Monday after hitting 28-month highs over fears of fallout from a possible US military attack on Syria for its alleged use of chemical weapons.

10 September 2013

Oil production at the giant Kashagan oilfield to start September 9 Commercial production may start as early as before October 1: KazMunaiGas Head Sauat Mynbayev.

08 September 2013

Kazakhstan and China agree on construction of an oil refinery At the sitting of the Kazakh-Chinese Business Council the two sides signed contracts worth over $22 billion, according to Umirzak Shukeev, Head of Samruk Kazyna Sovereign Wealth Fund.

08 September 2013

Kazakhstan and China agree on sales of 8.4% in Kashagan to China’s CNPC The agreement is welcomed and supported by the two governments: China’s President Xi Jinping.

08 September 2013

Oil hits 28-month high in US on Syria tensions Crude-oil prices surged higher Friday amid US-Russia tensions over a potential military strike on Syria, pushing the US contract to a 28-month high.

07 September 2013

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