site.news_by_theme Oil

Lukoil stationary oil platform in the Caspian Sea. ©RIA Novosti Lukoil disappointed in Kazakhstan oil fields Lukoil might decide to close two projects in Kazakhstan sector of the Caspian Sea by the end of the financial year.
22 июня 2011
Nursultan Nazarbayev.© Maksim Popov Nazarbayev suggests an International Energy Organization coordinate extraction and distribution of all energy resources According to him, the International Energy Agency is only defending interests of countries importing oil and gas.
19 июня 2011
Photo courtesy of kpo.kz Karachaganak Petroleum Operating (KPO) agrees to sell 10% in Karachaganak to Kazakhstan Consortium participants have submitted to the Government a draft memorandum outlining the agreement.
16 июня 2011
Oil companies may be obliged to invest into beluga sturgeon breeding projects at the Caspian: Environment Minister Nurgali Ashim Populations of beluga sturgeon have declined by nearly 90% in recent decades due to the high demand for black caviar, inadequate management, and habitat degradation.
16 июня 2011
Sauat Mynbayev. Photo courtesy of focus.kz No further licensing of minor oil refineries: Minister of Oil and Gas Sauat Mynbayev According to the Minister, there are a total of 35 oil refineries: 3 large-scaled ones and 32 minor facilities.
16 июня 2011
Kairgeldy Kabyldin KazMunaiGas to boost financing of innovation projects 100 times by 2015 Currently we spend about $0.68 million on R&D. We plan to increase the figure almost 100 times by 2015: Company’s Head Kairgeldy Kabyldin.
16 июня 2011
Photo by RIA Novosti© Crude oil production output in January – May 2.5% up Crude oil production of the period under review made up 28.2 million tons.
14 июня 2011
Massive oil lake appeared in Aktobe An oil lake appeared in the city of Aktobe. It may burst into flame any moment.
11 июня 2011
Kazakhstan and Russia to benefit from OPEC break-up Organization of Petroleum Exporting Countries OPEC is about to fall apart.
09 июня 2011
Fuel shortages in Kazakhstan to be resolved by 2015 The problem of fuel deficiency in Kazakhstan will be solved after implementation of the Complex plan of oil refineries development in 2009-2015.
07 июня 2011
Malaysia’s oil and gas company Petronas to enter Kazakhstan According to the Malaysia’s PM, the agreement is on mutually beneficial conditions.
06 июня 2011
Kairgeldy Kabyldin KazMunaiGas Chairman of the Board Kairgeldy Kabyldin reports to President Nazarbayev on the Company’s progress He also briefed the President on the Company’s plans for the year and prospects of development up to 2020.
02 июня 2011
RIA Novosti© Ministry of Oil and Gas sets retail price ceiling for fuel The Ministry’s press service reports that Kazakhstan will keep on regulating retail prices at the country’s pumps even after July 1, 2011 when customs barriers between the Customs Union member states are removed.
01 июня 2011
Minister of Oil and Gas Sauat Mynbayev Royal Dutch Shell to be able to get back to Kazakhstan: Minister of Oil and Gas Sauat Mynbayev His comments followed the decision of the energy giant Royal Dutch Shell to close its offices in Kazakhstan on May 30, after laying off its staff.
31 мая 2011
Oraz Dzhandossov. Photo by Yaroslav Radlovsky© Dzhandossov: Oil production ceiling should be set Renowned Kazakhstan economist Oraz Dzhandossov suggested the Government to “set a ceiling limiting oil production."
27 мая 2011
Sauat Mynbayev. Photo courtesy of focus.kz Minister of Oil and Gas Sauat Mynbayev does not find it necessary to raise export duty on oil Export duty on oil in Kazakhstan has been $40 per ton since January 1, 2010.
26 мая 2011
©RIA Novosti KazMunaiGas may transfer its share in Kashagan to KazMunaiGas EP KazMunaiGas national Oil Company does not rule out transferring its share in Kashagan to its subsidiary KazMunaiGas EP, KMG President Kairgeldy Kabyldin said in Almaty May 26.
26 мая 2011
Timur Kulibayev. ©Yaroslav Radlovsky Implementation of most of the current oil and gas projects will bring Kazakhstan into the top five oil producers: Timur Kulibayev Before the end of this decade the annual volume of oil and gas supplies from the CIS to the global markets can grow 1.5 times against 2010, he said when speaking at the XI CIS oil and gas summit in Paris May 25.
26 мая 2011
©Ria Novosti Kazakhstan and Belarus to agree on oil supplies We are very much interested. This will enable us to diversify oil supplies: President Alexandr Lukashenko.
25 мая 2011
Karim Massimov Kazakhstan to join the Karachaganak project: Kazakhstan’s Prime Minister Karim Massimov The negotiations with the project participants are to be completed before the end of the year.
21 мая 2011

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