site.news_by_theme Oil

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.

Will Berezovka villagers finally be relocated to a safer place?

President of Kazakhstan receives the CEO of Royal Dutch Shell in Akorda.

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.

President Nursultan Nazarbayev believes Kazakhstan has enough oil even without Kashagan oil field at the Caspian sea.

Three children have faited during classes in Berezovka village just several months after a series of mass incidents of the same nature.

Kazakhstan’s President Nursultan Nazarbayev has met with the CEO of French oil giant Total Patrick Pouyanne on Tuesday, April 14.

Projects for expansion of production capacity at Tengiz oil and gas field in Western Kazakhstan have seen their price tag soar. By $15 billion!

In the wake of dropping oil prices, the crude export duty rate in Kazakhstan, according to Halyk Finance analytics, could be reduced by half.

Oil prices might fall again as reserves of crude continue growing, experts say.

The process of modernizing Kazakh oil refineries may have to be delayed, putting additional pressure on the domestic fuel market of Kazakhstan.

Profits of Kazakhstan's largest oil production company fall in 2014.

The budget revenues of Kazakhstan may be $5 bln short of target if the oil prices stay at $50 per barrel in 2015.

International ratings agency Moody's said it had downgraded all ratings for scandal-plagued Brazilian oil giant Petrobras.

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.

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,.

Standard & Poor’s has lowered Kazakhstan long-term ratings over dwindling revenues of the oil-rich country amid the global oil turbulence.

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.

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.

Brazilian oil giant Petrobras confirmed that banking executive Aldemir Bendine has been named its new chief executive.
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