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Hyundai Group. ©Reuters/Jo Yong-Hak
S. Korean constructors win $6bn refinery deal in Iraq

A consortium of four major South Korean construction companies has won a $6.04 billion deal to build an oil refinery in Iraq.

S. Korean constructors win $6bn refinery deal in Iraq
Photo courtesy of munaigaz.kz
Kazakhstan-based oil refineries process 14.3 million tons of crude in 2013

The 2013 crude and condensed gas production totaled 81.8 million tons.

Kazakhstan-based oil refineries process 14.3 million tons of crude in 2013
China to fund $10 bn megarefinery in Ecuador
China to fund $10 bn megarefinery in Ecuador

China will finance most of the costs associated with building a $10 billion refinery in Ecuador, and become a partner in the megaproject.

China to fund $10 bn megarefinery in Ecuador
Photo courtesy of munaigaz.kz
KazMunaiGas to complete feasibility study to construct 4th oil refinery

Given the overhaul of the current 3 oil refineries, a new oil refinery may be needed only after 2025: Samruk-Kazyna Sovereign Wealth Fund Managing Director.

KazMunaiGas to complete feasibility study to construct 4th oil refinery
Shymkent oil refinery plant. Photo a courtesy of munaigaz.kz
Shymkent oil refinery plant restarted after overhaul

Shymkent Oil Refinery in southern Kazakhstan has started working after the overhaul.

Shymkent oil refinery plant restarted after overhaul
Shymkent oil refinery. Photo courtesy of munaigaz.kz
Shymkent refinery suspended for overhaul

Shymkent oil refinery has been suspended for 30 days.

Shymkent refinery suspended for overhaul
©RIA Novosti
Kazakhstan and China agree on construction of an oil refinery

At the sitting of the Kazakh-Chinese Business Council the two sides signed contracts worth over $22 billion, according to Umirzak Shukeev, Head of Samruk Kazyna Sovereign Wealth Fund.

Kazakhstan and China agree on construction of an oil refinery
©RIA Novosti
Tank farms of all three Kazakhstan refineries full to gills: media

The ban on export of oil products introduced by the Kazakhstan government has resulted in the local refineries overstocking their tank farms with products.

Tank farms of all three Kazakhstan refineries full to gills: media
Lightning strike sparks Venezuela oil refinery blaze
Lightning strike sparks Venezuela oil refinery blaze

A lightning bolt ignited fuel at an oil refinery east of Caracas on Sunday, sending giant columns of black smoke into the sky and forcing hundreds to evacuate.

Lightning strike sparks Venezuela oil refinery blaze
Pavlodar-based oil refinery. ©munaigaz.kz
Pavlodar-based oil refinery lowering its earlier announced capabilities

The project to modernize the oil refinery is estimated at $1.07 billion. The Company plans to spend about $300 million to purchase equipment this year.

Pavlodar-based oil refinery lowering its earlier announced capabilities
Pavlodar oil chemical plant. Tengrinews.kz file photo
Pavlodar refinery suspended for overhaul

The overhaul will last for one month, until July 25: Director General of Pavlodar Oil Chemical Plant Shukhrat Danbai.

Pavlodar refinery suspended for overhaul
Pavlodar oil refinery. ©munaigaz.kz
Pavlodar refinery lowers oil processing target for 2013

Pavlodar oil chemical plant has lowered its oil processing target plan for 2013 from 5.2 million tons to 4.8 million tons.

Pavlodar refinery lowers oil processing target for 2013
©munaigaz.kz
Kazakhstan oil refineries may be suspended

Kazakhstan oil refineries may be suspended because of a deficit of oil storage tanks.

Kazakhstan oil refineries may be suspended
Atyrau oil refinery. ©anpz.kz
Over 100 houses to be demolished near Atyrau refinery

110 residential buildings with lands and 56 other land lots in Peretassovka village are located in the refinery’s buffer zone.

Over 100 houses to be demolished near Atyrau refinery
Pavlodar oil refinery. Photo courtesy of munaigaz.kz
Kazakhstan to complete modernization of two refineries in 2016

Modernization of Shymkent and Pavlodar oil refineries will be completed by 2016.

Kazakhstan to complete modernization of two refineries in 2016
Kazakhstan Oil and Gas Minister Sauat Mynbayev. ©pm.kz
Kazakhstan might build fourth oil refinery

We believe that we have to start building the fourth refinery in 2016: Kazakhstan Oil Minister.

Kazakhstan might build fourth oil refinery
Atyrau oil refinery. Photo courtesy of otannews.com
Quotas on foreign workers at reconstruction of Atyrau oil refinery approved

Kazakhstan government approved the quotas for attraction of the foreign labor for the priority project on reconstruction and modernization of Atyrau oil refinery.

Quotas on foreign workers at reconstruction of Atyrau oil refinery approved
Pavlodar oil refinery. Photo courtesy of the company's official website
Kazakhstan Parliament adopts agreement on Russian oil supplies to Pavlodar refinery

Pavlodar refinery in Kazakhstan will be getting guaranteed oil supplies from Russia.

Kazakhstan Parliament adopts agreement on Russian oil supplies to Pavlodar refinery
Atyrau oil refinery. Photo courtesy of otannews.com
Average salary at Atyrau oil refinery stands at 270 thousand tenge

In 2011 the salaries at the Kazakhstan refinery went 25 percent up and then were raised by 30 percent in 2012.

Average salary at Atyrau oil refinery stands at 270 thousand tenge
Shymkent oil refinery. Photo courtesy of munaigaz.kz
Kazakhstan Prime-Minister will control modernization of oil refineries

There is a need to provide our market with our own oil products that comply with new ecological standards: Serik Akhmetov.

Kazakhstan Prime-Minister will control modernization of oil refineries