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600 hectares covered with oil wastes in Mangistau oblast 2.2 million tons of oil wastes are spread over 600 hectares of land of Mangistau oblast in western Kazakhstan.

29 April 2013

China’s companies haven’t turned to Kazakhstan with offers to buy into Abay and Nursultan oil blocks KazTAG earlier reported, Chinese state and private companies are nearing the finish line in procurement of stakes in Kashagan project, Nursultan and Abai blocks, according to an informed source in Beijing.

29 April 2013

No 3rd stage at Karachaganak giant oil and gas field The measure enables to extract another 100 million tons of crude for the whole period of the project (…) it is quite a sizeable figure: KazMunaiGas National Oil Company’s Chairman of the Board Lyazzat Kiinov.

29 April 2013

Plans are there to produce 1.5-3 million tons of oil at Kashagan this year Earlier Tengrinews.kz reported, citing the country’s Minister of Economic Affairs and Budget Planning Erbolat Dossayev, that the start of commercial production at Kashagan might be further delayed.

29 April 2013

Kazakhstan isn’t interested in boosting its share in Kashagan oilfield We are content with the 16.8% we have in the project: KazMunaiGas National Oil Company’s Chairman of the Board Lyazzat Kiinov.

29 April 2013

Venezuela threatens oil, trade measures in vote row with US Venezuela stepped up attacks on the United States Monday, threatening retaliatory measures affecting trade and energy if Washington resorts to sanctions in a row over the country's disputed presidential election.

23 April 2013

Kazakhstan may become dependent on China-made petroleum products Should we take into account China’s intention to enter Nursultan and Abay offshore oil projects, the share of China may exceed 50%: an expert with the Institute for Political Solutions.

23 April 2013

Kazakhstan introducing restrictions on petrol imports from Russia The reasons behind the decision are excessive backlog of petrol at Kazakhstan-based oil refineries and the need to channel more crude to Kazakhstan-based refineries rather than to Russia.

23 April 2013

Commercial production at Kashagan to be further delayed The postponement is due to testing of the equipment: Minister of Economic Affairs and Budget Planning

23 April 2013

EU gives oil boost to Syria rebels Syrian rebels fighting President President Bashar al-Assad's troops won a fresh boost Monday when the European Union eased its oil embargo to let them exploit the resources they control.

23 April 2013

Kazakhstan might build fourth oil refinery We believe that we have to start building the fourth refinery in 2016: Kazakhstan Oil Minister.

22 April 2013

EU set to help Syria's rebels by easing oil embargo The European Union is set Monday to ease its oil embargo against Syria in favour of rebels fighting President Bashar al-Assad's regime in its latest signal of support to the opposition.

22 April 2013

Canada's rising oil production at risk if no new pipelines North America's pipeline network must be radically redrawn with new links such as Keystone XL to meet growing Canadian oil output, or risk a blow to the country's economy.

19 April 2013

Oil tumbles for second day on slower Chinese growth Oil prices tumbled further in Asia on Tuesday, dragged by prospects of weaker crude demand from China after data showed the world's second largest economy was not growing as fast as expected.

16 April 2013

China interested in purchasing ConocoPhillips’s stake in the giant Kashagan oilfield According to Kazakhstan’s Oil and Gas Minister, acquiring a stake in Kashagan might be a way to boost the volume of crude to be shipped to China.

16 April 2013

Deadly attack a fresh sign of trouble in Nigerian oil region A group of men with AK-47s lay in wait for an ex-kingpin in the Nigerian swamps before instead opening fire on police -- the latest sign of trouble in a vitally important oil region.

15 April 2013

Activists plant North Pole flag to fight oil drilling Activists have planted a flag at the North Pole along with millions of signatures calling for the Arctic to be declared a global sanctuary protected from oil drilling.

15 April 2013

Q 1 oil production output stands at 17.3 million tons Kazakhstan plans to produce 82 million tons of crude and condensed gas in 2013, with the figure brought up to 83 million in 2014 and 90 million in 2015.

15 April 2013

Oil down as China's GDP comes in below expectations Oil was down in Asia on Monday after China's economic growth for the first quarter came in below expectations, with sentiment also weighed by forecasts of weaker global demand.

15 April 2013

Woodside shelves huge gas project in Australia Australia's Woodside Petroleum Ltd. on Friday announced it was shelving onshore plans for the controversial multi-billion-dollar Browse liquefied natural gas export project.

12 April 2013

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