site.news_by_theme Oil

Scientists from Kazakhstan say they've created a technology to transform oil-associated gas into gasoline and diesel.

Additional money will be allocated to modernize the Shymkent Oil Refinery on southern Kazakhstan. This will help increase the production capacity of the refinery and make it more environmentally friendly.

The falling oil prices put the entire Kashagan project in question. Kashagan is a huge oil field located in Kazakhstan's sector of the Caspian Sea.

KazMunaiGas Vice Chairman Tiyesov has spoken in the Mazhilis informing the deputies that Kazakhstan will face a decline in oil production should no new fields be discovered in the upcoming decade.

The People's Communist Party has tagged the decision to abandon construction of the 4th oil refinery in Kazakhstan ill judged and said problems had to be solved by the government not shifted to the shoulders of the citizens.

The only potential market available for our petroleum products is that of other Central Asia states with a growing population and a shortage of oil processing capabilities of their own. And Afghanistan as well: Vice Chairman of the Board at KazMunaiGas.

According to the Energy Minister, of today the project subcontractors have purchased around 45 kilometers of pipelines.

According to him, through transfers from the National Oil Fund to the country’s budget the latter is insured against shocks related to falling oil prices.

Experts predict Kazakhstan's actions amid growing pressure at the oil market.

Kazakhstan Minister of Energy said that the country was considering producing synthetic oil from coal.

According to him, oil is not a renewable source of energy and we should think of new generations to come and their wellbeing. Therefore we are considering nuclear power capabilities and coal processing.

Tragic death of the CEO of French oil giant Total Christophe de Margerie will not affect the development of Kashagan field in Kazakhstan.

The CEO of French oil company Total, Christophe de Margerie has died after a private jet crashed at a Moscow airport.

The Ministry of National Economy of Kazakhstan is looking for alternative routes in case the West applies additional sanctions against Russia.

Financial analyst Anna Kokoreva explains how the oil prices pressure Kazakhstan's economy.

The cost of Kashagan project is estimated to rise by another $4 billion, Financial Times reports.

Venezuela will ask for an emergency meeting of OPEC countries to try to halt sliding oil prices, Foreign Minister Rafael Ramirez said.

The Eurasian Economic Union, according to the former head of the KazMunaiGas Lyazzat Kiinov, will have a positive effect on the situation with petrol in Kazakhstan.

The Minister of Energy says there is a need for monitoring devices on Kazakhstan's oil and gas wells.

Kazakhstan’s Secretary of State Adilbek Dzhaksybekov has received letters of credence from ambassadors of 11 countries.
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