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Russia to increase oil export to China via Kazakhstan in 2014 Russia is planning to increase its oil supplies to China via Kazakhstan in 2014.

27 February 2013

Chinese oil giant CNOOC buys Canada's Nexen The Chinese oil giant CNOOC completed its $15.1 billion purchase of Canada's Nexen energy group on Monday, in what analysts have said is China's largest foreign investment.

26 February 2013

BP accused of greed, lax safety at US oil spill trial The US government accused BP of letting greed triumph over safety Monday in the opening arguments of a multi-billion dollar trial over the devastating 2010 Gulf of Mexico oil spill.

26 February 2013

BP vows to 'vigorously defend' itself at US oil spill trial British energy giant BP vowed Tuesday to "vigorously defend" itself in court next week against US government claims for "excessive" fines in the 2010 Gulf of Mexico oil spill disaster.

21 February 2013

KazMunaiGas to develop Abay with new partner Oil and Gas Ministry has officially confirmed that KazMunaiGas national company will start developing Abay field with a new partner.

19 February 2013

Tenders in major Kazakhstan oil and gas projects closed for local producers Karachaganak project, TCO and Kashagan projects frequently run bids along special rules that shut out Kazakhstan's local producers: expert.

15 February 2013

Russian firm to pay Venezuela $1.1 bn in joint oil venture Russian oil giant Rosneft will pay Venezuela $1.1 billion to take part in a joint oil-extraction venture in the crude-rich southeast.

14 February 2013

KazMunaiGas expects increase of explored oil reserves Intensification of geological exploration works is one of the main ways to increase the resources potential: KazMunaiGas deputy chairman.

14 February 2013

Kazakhstan to invest $4 billion in gas processing plant in Karachaganak Kazakhstan plans to invest $3.7 billion into the gas processing plant in Karachaganak field developed by the BG Group operated consortium.

12 February 2013

3 asphalt plants accused of stealing oil in south Kazakhstan The plants taking part in construction of Western Europe-Western China road are involved in embezzlement of over 400 tons of crude oil.

12 February 2013

US expands sanctions on Iran to press nuclear case The United States on Wednesday tightened sanctions on Iran to further choke off its oil income, saying it was necessary to increase pressure on Tehran over its suspected nuclear weapons program.

08 February 2013

'Xena' actress fined over New Zealand oil protest "Xena: Warrior Princess" actress Lucy Lawless was fined in a New Zealand court Thursday for boarding a ship with environmentalists last year in protest at plans to search for oil off Alaska.

07 February 2013

Kazakhstan to retain ceiling fuel prices The ceiling prices of regulated types of fuel will not be increased in Kazakhstan in February.

04 February 2013

President Nazarbayev meets LUKOIL President The Company has been operating in Kazakhstan for 20 years and invested about $7 billion: Mr. Alekperov.

04 February 2013

Kazakhstan to forego baning import of Russian oil products There will be no ban, we are interested in supplies of Russian oil products: Minister.

04 February 2013

Moratorium on developing new hydrocarbons deposits to be only lifted for onshore assets The lift will not cover the Caspian and Aral seas’ basins: Kazakhstan’s Minister of Oil and Gas Sauat Mynbayev.

04 February 2013

Kazakhstan may introduce temporary ban on importing petroleum products from Russia: media reports Astana’s moves may be driven by efforts of powerful lobbying groups that speak up for stronger cooperation with China: Alexander Karavayev, Vice Director of the Moscow State University Center for Post-soviet Studies.

30 January 2013

KazMunaiGas chooses not to purchase ConocoPhillips’ 8.4% stake in the giant Kashagan oilfield Kazakhstan Government may decide on purchasing the stake before July 2013.

30 January 2013

Kazakhstan’s Ministry of Oil and Gas announces 2012 hydrocarbons production figures and 2013 outlooks In a separate statement the O&G Minister told that this year Kazakhstan would lift the moratorium on developing new hydrocarbons deposits.

28 January 2013

Kazakhstan Government will adjust oil prices for Customs Union At times the price gap was so large that we saw reverse export of diesel to Russia, which caused deficit in Kazakhstan: Sauat Mynbayev.

28 January 2013

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