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Yemen says Qaeda plotted to take hostages at oil port Yemen said Wednesday it had foiled an Al-Qaeda plot to storm a Western-run oil terminal and seize a port city, as a terror alert kept US Middle East missions closed.

08 August 2013

Oil reserves at new Kazakhstan's field estimated at 880 million barrels Preliminary results of geological exploration of the new Kazakhstan oil field have showed the total anticipated reserves of around 120 million tons (880 million barrels).

07 August 2013

We have stricken oil: Oil and Gas Minister The Minister briefed President Nazarbayev on drilling works at Zhambyl block in the Caspian offshore.

05 August 2013

Pavlodar-based oil refinery lowering its earlier announced capabilities The project to modernize the oil refinery is estimated at $1.07 billion. The Company plans to spend about $300 million to purchase equipment this year.

30 July 2013

Colombia's largest oil pipeline attacked Colombia's largest oil pipeline was hit by an explosion causing a significant oil spill in an attack blamed on leftist guerrillas.

30 July 2013

France promises Malaysia no palm oil 'discrimination' French Prime Minister Jean-Marc Ayrault assured Malaysia that European rules on declaring product ingredients would not "discriminate" against palm oil.

30 July 2013

Oil slips after China orders industrial capacity cuts World oil prices slipped on Friday after China ordered industrial production capacity cuts in the face of slowing economic growth.

27 July 2013

Kashagan to affect oil prices in 2 years Commercial production at Kashagan field may put some pressure on the oil prices, but in only the long run.

26 July 2013

Halliburton admits destroying US oil disaster evidence Halliburton Energy Services has admitted destroying evidence relating to the devastating 2010 Deepwater Horizon oil rig disaster in the Gulf of Mexico.

26 July 2013

Kazakhstan suggests mixing Kashagan and Russian oil Kazakhstan has suggested TransNeft to consider transporting oil from Kashagan field via Atyrau-Samara pipeline.

24 July 2013

Commercial production at Kashagan to start in October: oil and gas minister According to the minister, the prep works for the actual launch of crude production is 98% complete.

18 July 2013

Kazakhstan's Aktau Seaport SEZ to focus on oil and gas Kazakhstan Ministry of Industry and New Technologies suggests to expand Aktau Seaport Special Economic Zone and focus it on oil.

16 July 2013

KazTransOil to transport oil from Kashagan The state oil pipeline company KazTransOil and KMG Kashagan B.V. have signed a transport contract.

16 July 2013

Caspian Pipeline Consortium increases daily oil export The Caspian Pipeline Consortium (CPC) dispatched 15.9 million tons in Q1 2013.

09 July 2013

Oil prices higher in Asian trade Oil prices climbed in Asian trade Monday after jobs data from the United States beat expectations, boosting confidence in the world's biggest economy.

08 July 2013

Five dead, 40 missing in Canada train disaster Origin: Canada Officials in Canada said Sunday they have located five bodies so far in their grim search for victims from the catastrophic derailment of an oil-laden cargo train.

08 July 2013

Uzakbai Karabalin appointed the new Minister of Oil and Gas He has replaced Mr. Sauat Mynbayev who held the post for three years.

03 July 2013

Sauat Mynbayev relieved of duties as Minister of Oil and Gas Mr. Uzakbai Karabalin has been appointed the new Minister of Oil and Gas.

03 July 2013

Oil trafficking funds Kazakhstan's religious extremists Illicit trafficking in oil and oil products fuels Kazakhstan's shadow economy and provides funding to organized criminal groups, including radical religious movements: official.

01 July 2013

Cameron unveils oil and gas plant in Kazakhstan "We're in a global race for jobs and investment. This is one of the most rapidly emerging countries in the world," the prime minister told the BBC in Atyrau on Monday.

01 July 2013

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