Vietnam may join Kazakhstan in oil production
A memorandum of understanding was signed by KazMunaiGas and PetroVietnam.
2013 production of crude and condensed gas forecasted at 82 million tons
In 2011 Kazakhstan produced 80 million tons of crude and condensed gas; plans are there to produce 81 million tons this year.
Advanced oil processing center will be built in Atyrau in 2015
The 'first brick' has been laid in the foundation of the center in Atyrau refinery on Monday.
Carrying capacities of Kazakhstan’s export oil pipelines to be expanded to 100 million tons a year by 2020
The current carrying capacities of all the Kazakhstan’s export oil pipelines stand at 66 million tons a year.
Brazil to deploy world's first floating oil terminal
Brazil's state-owned energy giant Petrobras said Tuesday it will deploy the world's first floating oil terminal capable of refueling tankers on the high seas.
Fire at Venezuela oil refinery spreads
A devastating fire at Venezuela's main oil refinery, which has already left 48 people dead, spread Monday to a third fuel storage tank, complicating the difficult task facing firefighters.
Commercial production at giant oilfield Kashagan to start in spring 2013
The decision was taken not to start the production amidst severe winter conditions.
Russia's Transneft accused Kazakhstan colleagues of dumping
However, there is no information of any certain deals between Russian and Chinese companies on oil supplies.
Atyrau oil refinery getting more money
Atyrau oil refinery is getting another major loan for construction of its advanced oil processing center.
Faded US stimulus hopes weigh on oil prices
Oil prices were mixed Thursday amid fresh doubts about hoped-for US Federal Reserve stimulus and a bleaker energy demand outlook in China and Europe.
Romney sees more oil drilling on US land and offshore
White House hopeful Mitt Romney will unveil an energy plan that would empower US states to control drilling on federal lands.
Shell paid Nigeria millions to guard oil facilities: group
An oil industry watchdog said Monday that Shell paid Nigeria's military and police $65 million over two years to secure company facilities, alleging the firm had bankrolled forces widely accused of rights abuses.
Following overhauls, Kazakhstan-based oil refineries to meet domestic demand for petrol before 2030
The overhaul of the three oil refineries [based in Pavlodar, Shymkent and Atyrau] will be completed by early 2016.
Kazakhstan bans export of oil products
Kazakhstan government has introduced a ban on export of several oil products for 6 months.
Brent crude oil price hits three-month high
Crude prices finished mixed Monday after early jumps, with Brent topping $115 a barrel before settling back for a modest gain.
Japan invests in Atyrau refinery
Kazakhstan's Atyrau refinery signed a loan agreement with Japan Bank for International Cooperation and Bank of Tokyo Mitsubishi UFJ for $297.5 million.
S. Korea firms in talks to resume Iran oil imports
South Korean oil refiners are in talks with Iran to resume oil imports, officials said Thursday, potentially by using Iranian tankers as a way to circumvent EU sanctions.
Investigations of Shell's Nigeria spills a 'fiasco': Amnesty
Rights group Amnesty International said Friday investigations into Shell oil spills in Nigeria were a "fiasco," alleging the company repeatedly blamed sabotage in an effort to avoid responsibility.
China hits back at new US sanctions over Iran
Beijing reacted furiously Wednesday to new US sanctions imposed on a Chinese bank over transactions with Iran, urging Washington to revoke them and saying it would lodge an official protest.
Kazakhstan, Slovenia and China to jointly construct an oil refinery in the north of Kazakhstan
The project will be implemented within the state-run program of oil refineries development in 2009-2015.
