Transneft ready to ship Kashagan crude
However, we need to know the anticipated volume and make sure the supplies are stable: Transneft’s spokesman.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
MangistauMunaiGas to drill five wells for bitumen plant
Drilling of five new wells by MangistauMunaiGas in Kalamkas and Zhetybai fields is probably related to demand for new supplies to the bitumen plant in Aktau: expert.
Caspian Consortium exports 22 million tons of oil
Major oil exporter from Kazakhstan and Russian, Caspian Pipeline Consortium (CPC), has exported 21.7 million tons of oil in January-August 2013.
Oil down as Obama seeks Congress approval on Syria
Oil prices fell in Asian trade Monday after US President Barack Obama's announcement that he would seek approval from lawmakers for military action against Syria eased prospects of an imminent strike.
Energy sector leads US stocks gains amid Syria jitters
US stocks rebounded Wednesday led by energy companies benefiting from an oil price spike, as the West mulls a possible punitive attack against Syria for its alleged chemical weapons use.
Oil production output in Kazakhstan to reach 110 million tons in 2018
As was reported earlier, the country’s Oil and Gas Ministry slashed the estimated crude and condensed gas production figures to 2016.