Putin found no oil in Kazakhstan part of the Caspian shelf
Vladimir Putin said that no oil was found on the Kazakhstan part of the field, but promissed to Russia jointly develop its part with Kazakhstan.
KazMunaiGas National Oil Company Q1 2011 results
Oil and condensed gas production for the period made up 5.4 million tons, 2% up against the same period of 2010.
KazMunaiGas EP exiting negotiations over Akkas gas field in Iraq
KazMunaiGas Exploration Production was established in March 2004 and is among the top three oil producers in Kazakhstan.
New oil refinery may be built in Kazakhstan in 2020
Processing capacities of the current three refineries [based in Pavlodar, Atyrau and Shymkent] can meet the domestic demand: O&G Minister Sauat Mynbayev.
Kazakhstan to boost oil processing to 17 million tons by 2015
As of today, Kazakhstan-based refineries process a bit over 13 million tons a year: Oil and gas Minister Sauat Mynbayev.
Seals die in Mangistau oblast
12 dead seals were found at the Caspian shore in Mangistau oblast.
Q1 2011 KazMunaiGas Exploration Production net profit 14% up against 2010
The growth was mostly spurred by 33% oil sales price growth (from $64.64 to $86.61 per barrel).
There is no preconditions for fuel prices raise or fuel crisis in Kazakhstan
Deputy director of the Center for Analysis of Social Problems talked about the possibility and reasons of fuel crisis in Kazakhstan.
Proved Caspian reserves made 2.95 billion tons of oil
Proved hydrocarbon reserves of the Caspian Sea shelf make 3.1 trillion cubic meters of gas and 2.95 billion tons of oil.
Multinationals account for half of investments into Kazakh O&G sector
For the last decade investments into the O&G sector totaled $107 billion, with about 60% of the investments being injected into projects with global oil majors: Minister of Oil and Gas Sauat Mynbayev.
Kazakhstan ratifies agreement on common oil and petroleum products market with Russia and Belarus
The agreement seeks to define major principles to form the common markets of oil for the Customs Union member states, as well as to foster competition in these markets.
KazMunaiGas to purchase Helios chain of gas stations
According to a source at the Pavlodar oil refinery, almost everything is ready for the forthcoming deal.
Massimov warns of oil price downturn
Kazakhstan Prime-Minister Karim Massimov warned his ministers of a high probability of the global oil price downturn.
