Man blocks entrance to mayor's office in protest against gasoline deficit in Kazakhstan
A young man has blocked the entrance to the mayor's office with his car in the city of Uralsk in western Kazakhstan. His motifs?
Fuel deficit creates kilometer-long queues in Kazakhstan
Uralsk is an administrative center of West Kazakhstan Oblast. The Oblast produces both oil and gas. However, since early morning yesterday people in the city have been forming kilometer-long queues to refuel.
Oil-producing Kazakhstan depends on Russia for gasoline. No way out?
Oil-producing Kazakhstan experienced a significant fuel price hike last week. Vice-Minister of Energy Karabalin spoke to the journalists about the situation and the future of the fuel supplies in Kazakhstan.
Oil thieves cause pipeline leak, pollute Mexico river
Thieves who tapped an oil pipeline in northern Mexico caused a spill that contaminated the San Juan River, a key irrigation source for farmers.
Hit by US sanctions, Rosneft pleads for debt relief
US sanctions against Moscow appeared to have claimed their first major victim when the head of Russia's largest oil company asked for help.
Mexican president signs landmark energy reform
Mexican President Enrique Pena Nieto signed a package of landmark energy reform bills.
Kazakhstan lifts ban from Russian fuel imports
Kazakhstan has lifted restrictions from import of oil products from Russia.
Russia's Lukoil sells filling stations in Ukraine
Russia's Lukoil said it had reached preliminary agreement to sell its network of filling stations in Ukraine, days after radical nationalists there tried to extort fuel from the company.
Oil production at Kashagan to be resumed in 2016: Kazakhstan’s Oil Minister
According to him, at Kashagan both the oil and gas pipes have to be fully changed. 200 km of pipes have to be purchased to replace the damaged pipes.
UN takes aim at Islamist oil grab in Syria, Iraq
The UN Security Council backed a Russian initiative to bar trade in oil with Islamists in Iraq and Syria.
Inuit village sues to block oil surveys in Canada's Arctic
A small Inuit village in the Canadian Arctic sued to block offshore exploration for oil, involving noisy air-cannon surveys it says threaten marine wildlife.
Russia ordered to pay Yukos shareholders $50 billion
The arbitration court in The Hague has ordered Russia to pay shareholders of Yukos $50 billion in compensation over its seizure of the one-time oil giant, main shareholder GML Ltd said in London
Kazakhstan and Kyrgyzstan exchange blows as latter prepares to join Customs Union
Kyrgyzstan has decreased water supplies to Kazakhstan twofold, following a three month hold up by Kazakhstan’s customs authorities of the Russian petroleum products destined for Kyrgyzstan.
Three injured in oil refinery fire in western Kazakhstan
A fire occurred at an oil refinery in Aktobe Oblast on July 16.
Petrol production in Kazakhstan grows 17% from January to June
Earlier the country’s Oil Minister Uzakbai Karabalin assured journalists the country wasn’t going to face any petrol shortages.
Government slaps $579 million penalty on India's Reliance
The Indian government has announced a new penalty of $579 million on the country's largest private company, Reliance Industries, for failing to meet commitments to supply gas for the fourth year in a row.
Kazakhstan to expand cooperation with OPEC
Kazakhstan, a Central Asian oil producer, will expand its cooperation with the Organization of Petroleum Exporting Countries (OPEC).
Kashagan to be developed by consolidated company
Kashagan will be developed by a consolidated joint venture company.
Gold shines as investors seek shelter; oil drops again
Gold prices zoomed this week to a four-month peak as investors sought shelter from weak eurozone data and fears of contagion from a bank's problems in Portugal, dealers said.
Iraq Kurds claim oilfields as bombings kill 28
Iraq's Kurdish region claimed disputed northern oilfields on Friday in another blow to efforts to forge a united front against a jihadist-led onslaught, as twin bombings killed 28 people.