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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

Serik Akhmetov met with head of Lukoil in Astana The meeting covered cooperation in oil and gas, as well as implementation of joint projects in oil production.

26 December 2012

KMG looks to increase oil and gas stock to 1 billion tons by 2022 KazMunaiGas aims to become one of the world's top 30 oil and gas companies by 2022: Samruk-Kazyna Managing Director Malik Salimgereyev.

26 December 2012

Kazakhstan has perfect conditions for oil transit from Transneft to China I think that Russians just don’t want to go to China: Samruk-Kazyna Managing Director.

26 December 2012

Iraq agrees to extend oil pipeline through Jordan Iraq and Jordan agreed on Monday to extend an oil pipeline to the Red Sea city of Aqaba for the export of Iraqi crude, Prime Minister Nuri al-Maliki said after a fleeting visit to Amman.

25 December 2012

Judge clears BP's $7.8 bn settlement in US oil spill British oil giant BP won US court approval Friday of a $7.8 billion settlement with people and businesses who lost money and property due to the 2010 oil spill in the Gulf of Mexico.

23 December 2012

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