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CPC expansion budget to remain unchanged Caspian Pipeline Consortium is the largest oil export route from the Caspian region to global markets.

02 декабря 2011

Russia’s Sberbank Chairman German Gref on oil price Mr. Gref admitted 2012 “will be rather complicated given the indicators of the latest months”.

01 декабря 2011

New oil field discovered in Aktobe oblast South Korean state oil corporation KNOC discovered a new oilfield in Kazakhstan.

29 ноября 2011

Russia to cut down oil and petroleum products supply to Kazakhstan in 2012 It would be more reasonable to take Kazakhstan-produced oil out of the country, get it processed and brought in back: Kazakhstan’s Oil and gas Minister Sauat Mynbayev.

28 ноября 2011

Pavlodar-based oil refinery to process Kazakh oil first time in history The facility received the first batch of 30 000 tons of Kazakh oil from oilfields located in Aktyubinsk and Kyzylorda oblasts.

25 ноября 2011

Kazakhstan to produce fuel of international standard in 2016 Construction of a new deep conversion plant will start at the Atyrau Refinery shorty. Euro-4, Euro-5 petrol will be produced in the end of 2013.

17 ноября 2011

Kazakhstan may join world’s top five oil exporters Kazakhstan may join the world’s top five oil exporting nations, Noe van Hulst, IEF Secretary General said.

14 ноября 2011

Timur Kulibayev believes in Kazakhstan science Timur Kulibayev, chairman of the board of Samruk Kazyna National Wealth Fund, declared that sience in Kazakhstan has a promissing future.

06 ноября 2011

Kazakhstan consideraing a fourth oil refinery by 2017 In May 2011 Oil and Gas Minister Sauat Mynbayev told Kazkahstan might construct a new oil refinery by 2020.

28 октября 2011

Pavlodar-based oil refinery almost doubles oil processing The refinery has come to a record high volume of oil processing over the last ten years.

25 октября 2011

Kazakhstan and Russia to abolish export duty on crude under the CIS free trade agreement The free trade agreement was signed in St. Petersburg by Russia, Ukraine Belarus, Kazakhstan, Armenia, Kyrgyzstan, Moldova and Tajikistan.

23 октября 2011

Shymkent-based oil refinery suspended for overhaul Tengrinews.kz reported that In January – July 2011 petrol production in Kazakhstan had dropped 16% as compared to the like period of 2010.

20 октября 2011

KMG EP planning to start oil production in North Kazakhstan KazMunaiGas Exploration and Production is planning to start oil production in North Kazakhstan before 2020.

20 октября 2011

KazMunaiGas Exploration and Production on its production targets For the 9 months of 2011 the Company produced 9.207 million tons of oil, 7% down against the like period of 2010.

20 октября 2011

France’s Total believes oil production at giant Kashagan oilfield will start late 2012 at 300 000 barrels a day According to Kazakhstan geologists, geological reserves of Kashagan are estimated at 4.8 billion tons of oil.

19 октября 2011

Kazakhstan’s oil transit across Azerbaijan to reach 8 million tons a year Oil transported across the Caspian Sea to Azerbajan terminals is further transported to Georgian ports of Batumi and Kulevi by railways.

14 октября 2011

Key issues resolved on Karachaganak: Kazakh Finance Minister We have the principle agreement, but as usually devil is in the detail. We are working on all the details right now: Zhamishev.

13 октября 2011

My son’s purchase of the Russian oil refinery has nothing to do with politics: KazAtomProm Head Vladimir Shkolnik According to him, if someone takes a loan and purchases an asset – it is his own choice.

13 октября 2011

Eight died in Kazakh oil reservoir fire Eight workers died after a fire broke out at an oil pumping station during a routine maintenance. They were all between 18 and 25 years old.

12 октября 2011

KazMunaiGas arranged for independent audit of oil reserves KazMunaiGas National Oil Company started an independent audit of oil reserves.

08 октября 2011

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