Oil trafficking funds Kazakhstan's religious extremistsIllicit 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.
New York oil soars after Canadian pipelines shut New York oil prices sharply rebounded Monday after a leak forced the closure of Canadian pipelines, raising concerns about supply disruptions in North America.
Oil prices climb on geopolitical fears, US data Oil prices surged on Friday helped by a rise in Middle East worries, after Washington said it would provide military support to Syria's rebels and Iran went to the polls to elect a new president.
US 'disappointed' by Sudan order to shut pipline The United States said Monday an order by Sudanese President Omar al-Bashir to shut down an oil pipeline carrying South Sudanese crude was "deeply disappointing".
12 June 2013
Sudan freezes oil and security deals with South Sudan on Sunday put on hold nine security and economic pacts with South Sudan, including on vital oil shipments, but said Khartoum remained committed to good relations if Juba ended support for rebels.
OPEC set to hold oil output ceiling again The OPEC oil cartel was widely expected on Friday to maintain its collective output ceiling amid lingering worries over the health of global energy demand.
31 May 2013
US fines Total $398 mn over bribes in Iran French oil giant Total agreed Wednesday to pay US authorities $398.2 million to settle charges that it bribed officials in Iran to secure oil and gas concessions.