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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

Quotas on foreign workers at reconstruction of Atyrau oil refinery approved Kazakhstan government approved the quotas for attraction of the foreign labor for the priority project on reconstruction and modernization of Atyrau oil refinery.

03 April 2013

Ukraine interested in renewing Kazakhstan oil transit Ukrainian is interested in transit of Kazakhstan oil and its supplies to Ukraine’s oil refineries; transit of Russian oil is going down.

03 April 2013

Arkansas opens probe into ExxonMobil spill Arkansas opened an investigation into an ExxonMobil pipeline that unleashed thousands of barrels of crude and forced the evacuation of 22 homes.

03 April 2013

Kazakhstan mulls restricting oil products import from Russia in 2013 Kazakhstan might restrict import of oil products from Russia until the end of 2013.

02 April 2013

Dow Chemical signs agreement on Argentina oil, gas Argentina's state-run energy company YPF said Tuesday it signed a memorandum of understanding with the local subsidiary of Dow Chemical to develop shale gas in the southern Nequen province.

27 March 2013

Oil prices up in Asia on Cyprus bailout deal Oil prices rose in Asian trade Monday after Cyprus and its international creditors struck a 10 billion euro bailout deal, averting collapse of the country's banking system.

26 March 2013

1.5 million tons of Kazakh crude to be sent to China within tolling contracts The tolling operations will enable Kazakhstan to reduce twofold imports of petroleum products from Russia.

21 March 2013

Petrobras aims to triple Brazil's offshore oil output Brazil's state-run energy giant Petrobras said Tuesday it aims to triple oil production from its huge deep-water fields by 2017.

20 March 2013

KazMunaiGas EP 2012 net profit 23% less than 2011 Kazakhstan's KazMunaiGas Exploration&Production has published its consolidated financial reports for 2012, net profit 23% less.

16 March 2013

Decision on purchasing СonocoPhillips’s stake in Kashagan to be taken before May 25 According to Kazakhstan geologists, geological reserves of Kashagan are estimated at 4.8 billion tons of oil.

15 March 2013

Kazakhstan confirms discovery of two offshore fields in Caspian Sea Two promising offshore fields discovered at the Caspian Sea in Kazakhstan for the first time after Kashagan field.

14 March 2013

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