site.news_by_theme Oil
CEO of oil giant Total killed in Moscow plane crash
The CEO of French oil company Total, Christophe de Margerie has died after a private jet crashed at a Moscow airport.
21 October 2014
Kazakhstan to export oil to China and Iran should anti-Russian sanctions escalate
The Ministry of National Economy of Kazakhstan is looking for alternative routes in case the West applies additional sanctions against Russia.
16 October 2014
Oil prices and currency rates approach alarming levels for Kazakhstan
Financial analyst Anna Kokoreva explains how the oil prices pressure Kazakhstan's economy.
15 October 2014
Kashagan project cost may rise again
The cost of Kashagan project is estimated to rise by another $4 billion, Financial Times reports.
13 October 2014
Venezuela wants extra OPEC meeting to halt oil-price drop
Venezuela will ask for an emergency meeting of OPEC countries to try to halt sliding oil prices, Foreign Minister Rafael Ramirez said.
11 October 2014
Eurasian Economic Union to resolve Kazakhstan's fuel problems
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.
10 October 2014
Kazakh Ministry of Energy proposes installing metering devices on oil and gas wells
The Minister of Energy says there is a need for monitoring devices on Kazakhstan's oil and gas wells.
09 October 2014
11 new ambassadors start working in Kazakhstan
Kazakhstan’s Secretary of State Adilbek Dzhaksybekov has received letters of credence from ambassadors of 11 countries.
08 October 2014
Nazarbayev says Mangistau economy rests on oil production, there is need to develop other sectors
President of Kazakhstan Nursultan Nazarbayev has met with entrepreneurs and community representatives in Aktau, where he outlined the priority areas of development.
05 October 2014
North Caspian Sea may hold large oil reserves: Vice Minister of Energy of Kazakhstan
Northern part of the Caspian Sea may contain significant oil reserves.
02 October 2014
Alternative energy will not replace traditional energy: Nazarbayev
President of Kazakhstan said that traditional energy was not possible to replace with alternative sources, which is why Kazakhstan should not be afraid of that its economy is based on raw materials.
02 October 2014
Nazarbayev offers Russia to cooperate in geological exploration of Caspian Depression
Nursultan Nazarbayev suggested Russia to start a joint geological exploration project to find new oil fields.
02 October 2014
Putin calls Caspian countries to coordinate oil and gas prices
at the 4th Caspian Summit President of Russia called five Caspian countries to coordinate their actions on the global hydrocarbons market.
30 September 2014
Nazarbayev calls Caspian Summit in Russia a breakthrough
Heads of Caspian littoral states have gathered in Russia and reached a number of important agreements.
30 September 2014
Tatarstan ready to share experience in oil refining with Kazakhstan
A delegation from Tatarstan has visited Astana to discuss cooperation in various fields, including oil industry.
24 September 2014
Fuel market risks in Kazakhstan
Kazakhstan has only three oil refineries, which are not only few but also outdated.
23 September 2014
Diesel order 60% above official price cap placed by Kazakhstan government agency
Tengrinews correspondent finds orders on government procurement website to buy diesel at price 60% higher than the price cap set by the Kazakhstani government.
16 September 2014
Kazakhstan to see crude production output decline in 2015
Last year we planned this year’s crude production output would make up 83 million tons. We plan the figure to make up 81.8 million tons, with exports standing at 54 million tons: Finance Minister Bakhyt Sultanov.
16 September 2014
Cracking catalyst plant to be built in Kazakhstan
Several new plants are to be built in Aktobe Oblast in western Kazakhstan, including one to produce oil products of higher quality.
14 September 2014
No need for urgent OPEC meet on lower oil price: Kuwait
OPEC member Kuwait said there was no need to call an emergency meeting for the producers' cartel to discuss sliding oil prices after crude hit a 17-month low.
11 September 2014