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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

Brazil allows Chevron to resume oil exploration after spill Chevron was given the green light to resume oil exploration in Brazil following a massive 2011 spill which led to the US oil giant halting its activities.

10 April 2013

Sudan says S. Sudan oil exports to resume by end May South Sudanese oil will be shipped again from Sudan by the end of May, official media said on Saturday, after a shutdown of more than a year which cost both impoverished nations billions of dollars.

07 April 2013

Kazakhstan to increase oil exports to China Kazakhstan and China have signed a number of bilateral documents within the frameworks of the President Nazarbayev’s visit to China.

06 April 2013

Kazakhstan planning to boost oil production output to 120 million tons a year by 2020: PM Serik Akhmetov In 2012 Kazakhstan produced a total of 79.211 million tons, including condensed gas, 1.1% down as compared to 2011.

05 April 2013

Rosneft wants to control Russian oil export to Kazakhstan Rosneft has applied to Medvedev with a suggestion to make the company the sole coordinator of all supplies of Russian oil to Kazakhstan.

04 April 2013

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