News about Oil

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 14:33
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 12:58
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 12:12
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 18:36
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 14:21
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 10:18
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 17:19
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 18:06
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 11:48
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 01:03
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 19:08
Talks under way with new partners over Abai oil block Earlier the country’s media reported that Norway’s Statoil was leaving the project following the 7 years of failing talks to start production.
14 March 2013 14:20
Kazakhstan Parliament adopts agreement on Russian oil supplies to Pavlodar refinery Pavlodar refinery in Kazakhstan will be getting guaranteed oil supplies from Russia.
13 March 2013 18:23
KazTransOil Director General on planned crude supplies to China and Russia According to the country’s Ministry of oil and gas, crude supplies to China are expected to make up 11-12 million tons.
11 March 2013 20:32
Shortages of food, fuel, power as Syria battered by war "Yesterday I did not make anything to eat as there was no electricity for the entire day," says Umm Fadi, a resident of Artuz district near Damascus that has been caught up in the fighting between rebels and regime forces.
11 March 2013 14:57
Kazakh Senate ratifies agreement on Russian oil supplies to Kazakhstan The agreement between the governments of Kazakhstan and Russia was signed in Moscow on December 9, 2010.
07 March 2013 18:01
CU has to regulate Kazakhstan oil supplies to Belarus: Minister Belarus has raised the issue of oil supplies from Kazakhstan several times, while Kazakhstan has not expressed any objections, but noted transportation difficulties.
05 March 2013 18:24
Average salary at Atyrau oil refinery stands at 270 thousand tenge In 2011 the salaries at the Kazakhstan refinery went 25 percent up and then were raised by 30 percent in 2012.
05 March 2013 18:20
Oil export from Russia to Kazakhstan grew 77.3 percent Export of Russian oil to Kazakhstan in January-February 2013 grew 77.3 percent compared to the same period last year and made 1,176 million tons.
05 March 2013 11:52
US suggests Keystone pipeline won't harm environment The US State Department suggested Friday that a $5.3 billion Canada-to-Texas oil pipeline would have no major impact on the environment, but stopped short of recommending it be approved.
03 March 2013 11:16
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