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Oil prices ease in Asia on Gaza truce, eurozone data Oil prices fell in Asia Friday in thin trade following the US Thanksgiving holiday, with a truce in Gaza and gloomy eurozone manufacturing data weighing on buying sentiment.

23 November 2012

Sri Lanka turns to Kazakhstan for expertise in exploration and development of oil and gas fields He assured that his country’s government guarantees protection of any Kazakhstan’s investments.

21 November 2012

BP to pay record $4.5 bn fine over US oil spill BP agreed Thursday to pay a record $4.5 billion in US fines for the 2010 Gulf of Mexico oil spill and pleaded guilty to 14 counts including felony manslaughter in the deaths of 11 workers.

16 November 2012

Belarus interested in resuming oil import from Kazakhstan Growth of Kazakhstan import to our country may be secured by resuming supplies of hydrocarbons and oil products for processing by Belarus companies: deputy PM.

12 November 2012

Kazakhstan creates integrated petrochemical network Atyrau Oil Refinery is implementing projects that will help create an oil chemicals production network in Kazakhstan.

11 November 2012

Chevron assets frozen in Argentina over Ecuador case An Argentine judge froze Chevron's local assets Wednesday at the request of a court in Ecuador where the US oil giant has been ordered to pay $19 billion in environmental damages.

09 November 2012

Kazakhstan-China oil pipeline will operate at full stream by 2014 Commercial talks are underway between China and Kazakhstan: KazTransOil head.

06 November 2012

Middle East oil disruptions to hit Asia first: IEA Asia will be the first to feel the impact of any Middle East oil supply disruption as regional demand surges, the International Energy Agency said Monday.

22 October 2012

Libya economy boosted by oil pending reconstruction Libya's economy has made a swift recovery after the 2011 conflict, with oil production returning to near normal levels: but insecurity is holding up reconstruction and keeping foreign companies at bay.

20 October 2012

Accident at Atyrau refinery will not cause oil products shortages No deficiency of oil products is expected in Kazakhstan, in spite of the accident at Atyrau oil definery.

17 October 2012

Conference seeks to curb exploitation of high seas Long spared because of their remoteness, the high seas have become an important hunting ground for fish trawlers and oil prospectors, putting at risk many marine species that call these waters home.

17 October 2012

Prestige oil disaster trial starts in Spain Seamen go on trial Tuesday over the sinking of the Prestige petrol tanker which spilt a devastating oil slick when it sank off Spain in 2002, with hundreds of plaintiffs seeking billions in damages.

16 October 2012

Atyrau oil refinery suspends petrol production An accident happened on October 6 in the furnace of the catalytic reforming block of LG 35-11/300-95 unit of the Kazakhstan refinery.

15 October 2012

Kazakhstan's oil export profits unveiled Kazakhstan exported 40.1 million tons of crude oil and gas condensate in January-July 2012.

15 October 2012

Malaysian company wants to tap Kazakhstan's oil Sumatec Resources plans to enter Rakushechnoe field in Kazakhstan.

11 October 2012

Kazakhstan may host World Petroleum Congress in 2017 Kazakhstan has good chances of holding the World Petroleum Congress in Astana in 2017: WPC president.

09 October 2012

Production costs will drive oil and gas prices up Head of the World Petroleum Council Renato Bertani believes that oil and gas prices will keep growing from year to year.

09 October 2012

Finland is interested in Kazakhstan's oil and gas Finland’s Minister of Foreign Trade Alexander Stubb arrived in Kazakhstan with a delegation of entrepreneurs.

09 October 2012

Russia against oil supplies to China across Kazakhstan at current export duty rate According to Russia’s Izvestiya newspaper, further implementation of the current taxation scheme may lead to Russia missing out on tax revenues of up to $ 1 billion a year.

08 October 2012

KazMunaiGas' prospects remain optimistic even in pessimistic scenario Production of oil and gas condensate will grow 1.6-fold in Kazakhstan by 2022: KazMunaiGas chairman.

03 October 2012

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