site.news_by_theme Oil

©Turar Kazangapov We learn to live without oil: Kazakhstan's Minister of Finance Kazakhstan’s Minister of Finance Bakhyt Sultanov answered questions of foreign guests at the VII Astana Economic Forum concerning the measures Kazakhstan had been undertaking amidst unstable oil prices.
29 мая 2015
Berezovka villagers demand relocation. Photo courtesy of Question of Berezovka villagers relocation budges Will Berezovka villagers finally be relocated to a safer place?
18 мая 2015
Photo courtesy of Akorda Kazakh president meets Shell's Ben van Beurden in Astana President of Kazakhstan receives the CEO of Royal Dutch Shell in Akorda.
06 мая 2015
Photo courtesy of Pregnant oil company employee threatens to jump out of window for non-paid salary A 5-month pregnant employee of Aktobe-based oil company Lines Jump LLP threatens to jump out of a window because she has not been paid any salary for months.
30 апреля 2015
Photo © Turar Kazangapov Kazakhstan has enough oil, even without Kashagan: Nazarbayev President Nursultan Nazarbayev believes Kazakhstan has enough oil even without Kashagan oil field at the Caspian sea.
30 апреля 2015
A schoolboy faints during classes in Berezovka village © Children faint again in village near major Kazakh oil and gas field Three children have faited during classes in Berezovka village just several months after a series of mass incidents of the same nature.
16 апреля 2015
Kazakhstan's President Nursultan Nazarbayev and Total's CEO Patrick Pouyanné. Photo courtesy of Akorda. Nazarbayev meets French Total CEO Kazakhstan’s President Nursultan Nazarbayev has met with the CEO of French oil giant Total Patrick Pouyanne on Tuesday, April 14.
16 апреля 2015
TengrizChervrOil capacity expansion soars by $15bln Projects for expansion of production capacity at Tengiz oil and gas field in Western Kazakhstan have seen their price tag soar. By $15 billion!
01 апреля 2015
Kazakhstan mulls halving crude export duty In the wake of dropping oil prices, the crude export duty rate in Kazakhstan, according to Halyk Finance analytics, could be reduced by half.
21 марта 2015
©REUTERS Oil price may hit $40 per barrel by end of month Oil prices might fall again as reserves of crude continue growing, experts say.
18 марта 2015
Photo courtesy of Modernization of Kazakh oil refineries may be delayed The process of modernizing Kazakh oil refineries may have to be delayed, putting additional pressure on the domestic fuel market of Kazakhstan.
12 марта 2015
KazMunaiGas Exploration and Production profits falls by 67 percent in 2014 Profits of Kazakhstan's largest oil production company fall in 2014.
11 марта 2015
Photo courtesy of Kazakhstan budget may lose $5 bln in revenues The budget revenues of Kazakhstan may be $5 bln short of target if the oil prices stay at $50 per barrel in 2015.
06 марта 2015
©REUTERS Moody's downgrades ratings for scandal-hit Petrobras International ratings agency Moody's said it had downgraded all ratings for scandal-plagued Brazilian oil giant Petrobras.
25 февраля 2015
Photo courtesy of Tenge exchange rate adjustment possible if oil prices go below $50: Kazakh central bank governor Kelimbetov Governor of the National Bank of Kazakhstan Kairat Kelimbetov said that a devaluation of the tenge is possible if oil prices fall below $50 per barrel.
13 февраля 2015
Low oil prices won't spur world growth: Moody's Low oil prices normally help grease the wheels of business and spur global economic growth, but Moody's said it would not revise its forecasts for the G20,.
11 февраля 2015
Standard & Poor’s lowers Kazakhstan long-term ratings Standard & Poor’s has lowered Kazakhstan long-term ratings over dwindling revenues of the oil-rich country amid the global oil turbulence.
11 февраля 2015
Can Brazil president survive growing Petrobras scandal? Mounting allegations that her party received hundreds of millions of dollars in a kickbacks scandal engulfing oil giant Petrobras have sent Brazilian President's poll ratings tumbling.
10 февраля 2015
REUTERS © Kashagan economically viable with prices for oil at $100 per barrel Both Tengiz and Karachaganak oilfields are effective projects, with the break even point being much lower that of Kashagan: Sauat Mynbayev, KazMunaiGas Chairman of the Board.
09 февраля 2015
Bendine, the head of state-controlled Banco do Brasil, will be the new chief executive of scandal-hit oil giant Petrobras. ©REUTERS Petrobras confirms Bendine as new CEO Brazilian oil giant Petrobras confirmed that banking executive Aldemir Bendine has been named its new chief executive.
08 февраля 2015

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