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President of Kazakhstan receives the CEO of Royal Dutch Shell in Akorda.
Members of the Kashagan project have signed a memorandum with the Kazakhstan Government on stages of the oilfield's development.
Royal Dutch Shell on Tuesday announced it was reducing its stake in Australia's Woodside Petroleum, selling Aus$5.3 billion (US$5.0 billion) in shares as it focuses its Australian growth in directly-owned assets.
A massive explosion at a Shell oil plant in the Netherlands followed by a fire left two people injured Wednesday, authorities said.
Losses from the forthcoming two-year suspension of the Kashagan oilfield development project in Kazakhstan are estimated at two billion dollars in the least.
Operations at gigantic Kashagan oilfield in Kazakhstan may be suspended for two years.
South Korean shipbuilder Samsung Heavy Industries has floated a tanker-shaped vessel tagged as the world's largest "floating facility" with a length greater than the height of the Empire State Building in New York.
Production from the Kashagan oilfield was not taken into consideration when the 2013 Kazakhstan state budget was made, so it will not affect the planned budget revenues.
Greenpeace activists paraglided to the top of the main stand of the Belgian Grand Prix on Sunday to protest against drilling in the Arctic by the race's main sponsor, the Shell oil giant.
Global energy giant Shell announced Thursday it was selling its last remaining Australian refinery to focus on more sizeable assets abroad, a move that threatens 470 jobs.
A Dutch court will decide on Wednesday whether Shell should clean up oil damage that destroyed a group of Nigerian farmers' land, a case that could set a precedent for global environmental responsibility.
Kazakhstan President Nursultan Nazarbayev met with Chief Executive Officer of Shell Peter Voser.
A shell from the Vietnam War killed four children and seriously injured four other villagers when it exploded at a family party.
Independent expert Olzhas Baidildinov of Kazakhstan has expressed his opinion on the news about ConocoPhillips intent to sell its stake in Kashagan to Indian ONGC.
An oil industry watchdog said Monday that Shell paid Nigeria's military and police $65 million over two years to secure company facilities, alleging the firm had bankrolled forces widely accused of rights abuses.
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