Oil and Gas Industry Latest News

09.04.2014 Kazakhstan’s Shymkent refinery to produce Euro-3 and Euro-4 gasoline

Euro-3 and Euro-4 gasoline production will be started in Shymkent this summer, Stratus Oil CEO Ergali Anarbayev has said. Gasoline will be produced at the refinery which Stratus is building in the region.

08.04.2014 Kazakhstan’s Kashagan may fail to restart in 2014

Output at Kazakhstan's huge Kashagan oilfield may fail to restart this year if test results expected in May show cracks in the offshore part of its pipeline network, Kazakh Oil and Gas Minister Uzakbai Karabalin said on April 7, Reuters has reported.

07.04.2014 Kazakhstan to drill 14-km-deep wells

Kazakhstan is going to drill wells deep up to 14 kilometers, Kazinform has reported, citing the president of the local oil geologist society, Baltabek Kuandykov. Earlier, the head of state decided to set up a government agency to oversee geological exploration.

07.04.2014 Russia invited to participate in Afghan projects

Gazprom or any Russian company is welcome to operate the Trans-Afghanistan Pipeline, or TAPI, Afghanistan’s ambassador to Russia Azizulla Karzai told RIA Novosti in an interview on April 4.

07.04.2014 Kazakh KMG to withdraw from northern project

Kazakhstan's KazMunaiGas Exploration and Production JSC (KMG EP) which is a part of KazMunaiGas group of companies, intends to withdraw from the White Bear project, Abat Nurseitov, head of KMG EP, said on April 2 at a press conference in Astana, Trend reported on April 4

01.04.2014 Six wind farms to be built in North Kazakhstan

It is planned to build six wind farms in Kazakhstan’s North Kazakhstan region, Kazinform has reported, citing the regional energy and utilities department.

01.04.2014 Investigation into Kashagan gas leak in Kazakhstan suspended

An investigation into the causes of gas leakage in a pipeline running from Kazakhstan's giant Kashagan field has been suspended till April, Azernews reported on March 31.

28.03.2014 Kazakh firms to contribute to Tengiz extension

Kazakh companies will participate in a future project to extend the Tengiz project as partners of Tengizchevroil, Trend has reported, citing Kazakh oil and gas deputy minister Magzum Mirzagaliyev.

28.03.2014 No clarity on Kazakhstan’s Kashagan oilfield restart date

A consortium developing Kazakhstan's $50 billion Kashagan oilfield said the result of a probe into a toxic gas leak there was now expected in the second quarter, extending the closure of one of the world's biggest oil finds, Reuters reported on March 27.

28.03.2014 Turkmenistan reports gas discovery at Kemer field

The international Korpeje-Kordkuy (Turkmenistan-Iran) gas pipeline may in the future obtain another reliable source for raw materials, Turkmen Ministry of Oil & Gas Industry and Mineral Resources said on March 27, Trend reported on March 28.