Board of Directors of KazMunaiGas EP changesThe Board of Directors of KazMunaiGas Exploration and Production (KMG EP) has changed following the extraordinary general meeting of its shareholders.
Venezuela's Maduro in Iran for oil talksVenezuelan President Nicolas Maduro arrived in Tehran for a 24-hour visit during which he will meet officials from fellow OPEC member Iran.
Kazakhstan’s President on plans to construct a 4th oil refineryBack 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 December 2014
OPEC won't cut output even at $20 a barrel: SaudiOPEC 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.