Sale of ConocoPhillips' stake in Kashagan to India is a 'red flag' for China
Independent expert Olzhas Baidildinov of Kazakhstan has expressed his opinion on the news about ConocoPhillips intent to sell its stake in Kashagan to Indian ONGC.
Huge Rio protest against oil royalties share-out plan
Tens of thousands of people took to the streets of Rio Monday to press Brazilian President Dilma Rousseff to veto a bill that would redistribute oil royalties in favor of non-oil producing states.
Arman Kairdenov appointed Director General of Atyrau oil refinery
Arman Kairdenov replaced Talgat Baitaziyev who resigned earlier.
ConocoPhillips hasn’t notified the Kazakhstan’s Government on its intention to sell 8.4% in the giant Kashagan oilfield
A day before ConocoPhillips announced its intentions in a press-release, according to which the deal is expected to be finalized in the H1 2013.
ConocoPhillips to sell its stake in Kashagan to India’s ONGC Videsh Limited
The deal is expected to be finalized in the H1 2013. ConocoPhillips’s proceedings from the sale are expected to reach $5 billion.
PM Serik Akhmetov shown round Bolashak onshore oil treatment plant
Head of the Kazakh Government was briefed on the plant’s readiness to receive commercial oil from the giant Kashagan oilfield.
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.
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.
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.
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.
Kazakhstan creates integrated petrochemical network
Atyrau Oil Refinery is implementing projects that will help create an oil chemicals production network in Kazakhstan.
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.
Kazakhstan-China oil pipeline will operate at full stream by 2014
Commercial talks are underway between China and Kazakhstan: KazTransOil head.
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.
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.
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.
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.
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.
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.
Kazakhstan's oil export profits unveiled
Kazakhstan exported 40.1 million tons of crude oil and gas condensate in January-July 2012.
