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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

Oil and gas Ministry tasked to pay greater attention to large-scaled projects at Tengiz, Karachaganak and Kashagan According to the PM, these oilfields’ share in the overall hydrocarbons production output will make up over ½.

28 January 2013

1000 laid off Kazakhstan workmen to be hired to modernize Atyray oil refinery According to Atyray Region Vice Governor, over 7 000 people were laid off following completion of the construction works at Bolashak oil refinery in Karabatan in 2012.

28 January 2013

Over 50 million tons of crude pumped via Atasu-Alashankow oil pipeline Since the pipeline was launched in 2006 the volume of crude has been growing by 20% a year on average.

28 January 2013

Kazakhstan will seize oilfields from ineffective owners Kazakhstan President Nursultan Nazarbayev has instructed his government to return the oil fields that are not being put to use back into the state ownership.

24 January 2013

No decision on buying ConocoPhillips’ stake in Kashagan yet Oil and Gas Minister emphasized that the decision is to be taken by a special inter-agency committee that is carefully studying the issue at the moment.

22 January 2013

Yemen gunmen blow up oil pipeline Gunmen in southeast Yemen have blown up an oil pipeline that transports some 8,000 barrels per day to export terminals on the Gulf of Aden, suspending operations.

19 January 2013

2012 crude and coal production figures announced In 2012 Kazakhstan produced a total of 79.211 million tons of crude, including condensed gas.

14 January 2013

KazMunaiGas refutes Chinese expansion in Kazakhstan's oil KazMunaiGas EP denies that the share of Chinese companies in oil and gas industry of Kazakhstan could exceed 40 percent in 2013.

09 January 2013

Grounded Alaska oil rig refloated, no pollution seen An oil rig which ran aground in Alaska has been refloated and is being towed to a nearby harbor, with no signs of pollution seen.

09 January 2013

Chinese companies to control over 40% of Kazakhstan’s oil shortly After a large-scaled protest against alleged plans to lease out some Kazakh lands to the Chinese, the authorities try to downplay the oil issue.

08 January 2013

Sudan, South Sudan meet to push security, oil deals The rival presidents of Sudan and South Sudan met for face-to-face talks Saturday to push forward stalled security, oil and border deals, and discuss the fate of the contested Abyei region.

06 January 2013

US fines Transocean $1.4 bn over Gulf oil disaster The United States hit drilling rig operator Transocean with $1.4 billion in criminal and civil fines Thursday for its role in the 2010 Deepwater Horizon disaster in the Gulf of Mexico.

04 January 2013

Kazakhstan branch of Sberbank issued $60 million loan to Max Petroleum British Max Petroleum that has assets in Kazakhstan received the first tranche of a loan from SB Sberbank JSC in the amount of $60 mln.

03 January 2013

Oil down as euphoria over fiscal cliff deal fades Oil prices were down in Asian trade Thursday as the initial euphoria over the fiscal cliff deal in the United States faded.

03 January 2013

Kazakhstan prolongs oil products export ban into 2013 To prevent critical deficit and prices growth at the domestic market of oil products, Kazakhstan government decided to introduce a 6-month ban on export of oil products.

29 December 2012

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