site.news_by_theme Oil

The UN Security Council plans to adopt a resolution next week aimed at halting funding to Islamic State militants from oil, antique trafficking and ransoms.

• 07 февраля 2015, 12:25

China has been increasing its presence in the oil and gas sector of Kazakhstan. There is no consensus on whether this is a positive or a worrying development.

• 05 февраля 2015, 02:53

Starting from April 1, 2014 the crude export duty rate was raised from $60 to $80 per ton of crude.

• 04 февраля 2015, 09:49

The chief executive of Total said the French oil company would slash spending on exploration by 30 percent this year due to the drop in the price of oil.

• 30 января 2015, 15:37

The US Senate approved a bill authorizing construction of the controversial Keystone XL oil pipeline from Canada to the United States.

• 30 января 2015, 14:02

To my best knowledge, he hasn’t been buying or selling anything in the last three years”, the Minister told journalists on the sidelines of the sitting in the country’s Majilis (lower chamber).

• 26 января 2015, 14:56

Cheap gas from Russia can put a stop to the work of Kazakhstan’s oil refineries.

• 26 января 2015, 14:32

Kazakhstan is revising its budget because of the falling global oil prices.

• 19 января 2015, 19:28

The Board of Directors of KazMunaiGas Exploration and Production (KMG EP) has changed following the extraordinary general meeting of its shareholders.

• 15 января 2015, 10:10

Oil wastes were burning in one of Aktaus' industrial zones in Kazakhstan's West.

• 15 января 2015, 09:45

Venezuelan President Nicolas Maduro arrived in Tehran for a 24-hour visit during which he will meet officials from fellow OPEC member Iran.

• 10 января 2015, 11:35

Pavlodar Oil Refinery will receive funding from Development Bank of Kazakhstan (DBK) amounting to $1.2 billion.

• 09 января 2015, 19:17

Production at Kashagan field remains halted for an unspecified time; the need to replace pipes threatens the future of the oil project.

• 07 января 2015, 01:43

President of Kazakhstan Nursultan Nazarbayev has instructed Kazakh officials to attract large transnational corporations during a nationwide teleconference dedicated to the Day of Industrialization.

• 06 января 2015, 12:46

The subsidiary of Kazmunaigas, KazMunayGas Exploration and Production plans to produce 12 million tons of oil in 2015.

• 29 декабря 2014, 14:27

A Russian Black Sea city declared a state of emergency after a burst pipeline spewed oil into the landlocked water body.

• 26 декабря 2014, 09:51

Back in the autumn 2014 the country’s Energy Ministry announced that a decision had been taken to build up the processing capabilities of the Shymkent-based oil refinery rather than have a 4th refinery constructed.

• 25 декабря 2014, 16:58

OPEC will not cut oil production even if the price drops to $20 a barrel and it is unfair to expect the cartel to reduce output if non-members do not.

• 23 декабря 2014, 15:41

Despite the drop in oil prices, Kazakhstan’s National Fund continues to grow.

• 22 декабря 2014, 18:13

The main accuser in the corruption scandal that has embroiled Brazil oil giant Petrobras gave a list of 28 politicians who had taken kickbacks.

• 20 декабря 2014, 18:05