Oil prices mixed as Obama seeks to delay Syria voteOil 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.
Oil production started at KashaganThe 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.
Chevron claims new proof of fraud in Ecuador pollution rulingUS 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.
Oil prices slide from Syria-fuelled highsOil 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.
Kazakhstan and China agree on construction of an oil refineryAt 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.
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
MangistauMunaiGas to drill five wells for bitumen plantDrilling 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.
Oil down as Obama seeks Congress approval on SyriaOil 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.
02 September 2013
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.
Greenpeace protests Shell Arctic drilling at Belgian GP Greenpeace activists paraglided to the top of the main stand of the Belgian Grand Prix on Sunday to protest against drilling in the Arctic by the race's main sponsor, the Shell oil giant.