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