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Oil & Gas

President pays a visit to Pavlodar petrochemical plant

President pays a visit to Pavlodar petrochemical plant

PAVLODAR. KAZINFORM - Within the working trip to Pavlodar region, the Head of State has inspected today the Pavlodar Petrochemical Plant that underwent in-depth technological modernization and where digitalization of operations is being carried out within the framework of the Industrialization Map of Kazakhstan, Kazinform cites the press service of Akorda.

17.07.2018 16:40

Kazakhstan's oil recovery up 7.6% in 1H2018

Kazakhstan's oil recovery up 7.6% in 1H2018

ASTANA. KAZINFORM Kazakhstan's crude oil output reached 38,527 mln tons for January - June 2018 that is 7.6% more ac compared to the same period of the previous year, Kazinform reports.

16.07.2018 10:14

New personnel appointments in Turkmen oil & gas sector

New personnel appointments in Turkmen oil & gas sector

ASHGABAT. KAZINFORM Yazmyrat Muhammetmyradov has been appointed deputy chairman of the Turkmengas state concern, according to the decree of Turkmen President Gurbanguly Berdimuhamedov.

27.06.2018 15:00

Kazakhstan to keep oil production rates within OPEC+ deal

Kazakhstan to keep oil production rates within OPEC+ deal

ASTANA. KAZINFORM - Kazakhstan will maintain the current oil production rate within the framework of the OPEC+ agreement, Kazinform correspondent reports.

26.06.2018 15:37

Kazakhstan's Onisgroup to start export of oil products to Azerbaijan

Kazakhstan's Onisgroup to start export of oil products to Azerbaijan

BAKU. KAZINFORM - Kazakhstan's Onisgroup plans to start exporting oil products to Azerbaijan by the end of summer 2018, Director General of Onisgroup Chingis Nugumarov told Trend.

25.06.2018 18:08

OPEC, non-OPEC oil producers to jointly boost oil output

OPEC, non-OPEC oil producers to jointly boost oil output

VIENNA. KAZINFORM OPEC and non-OPEC oil producers on Saturday agreed to jointly increase oil production.

24.06.2018 13:34

Gas transportation - key issue for Turkmenistan, UN says

Gas transportation - key issue for Turkmenistan, UN says

ASHGABAT. KAZINFORM In terms of communications, the biggest issue in Turkmenistan is related to the transportation of gas, mainly by pipelines such as Turkmenistan-Afghanistan-Pakistan-India (TAPI), as well as the creation of infrastructure for liquefied natural gas, the UN Development Program (UNDP) said in a statement referring to the opinion of the Senior Adviser of the UNDP Regional Bureau for Europe and CIS Ben Slay.

23.06.2018 14:44

OPEC countries agree to increase oil output

OPEC countries agree to increase oil output

VIENNA. KAZINFORM The Organization of the Petroleum Exporting Countries (OPEC) member states agreed at a meeting here Friday to increase the oil production.

23.06.2018 13:05

Oil prices jump on OPEC deal

Oil prices jump on OPEC deal

ASTANA. KAZINFORM - Oil futures extended gains Friday, as major crude producers including Saudi Arabia agreed to a smaller-than-expected increase in output that calmed investor fears about crude flooding the market, according to a report from the Dow Jones Newswires supplied to EFE.

22.06.2018 20:34

Rosneft plans to increase annual oil production to over 250 mln tonnes by 2022

Rosneft plans to increase annual oil production to over 250 mln tonnes by 2022

KRASNOYARSK. KAZINFORM Russia's oil major Rosneft said on Thursday its oil production may exceed a forecasted figure of 250 million tonnes a year by 2022.

21.06.2018 11:37

Kazakhstan to ban import of Russian petrol

Kazakhstan to ban import of Russian petrol

ASTANA. KAZINFORM Kazakh Energy Minister Kanat Bozumbayev said that Kazakhstan will introduce a three-month ban on import of Russia's AI 92 petrol by rail.

20.06.2018 17:02

Iran may take part in OPEC+ Joint Ministerial Monitoring Committee's meeting on June 21

Iran may take part in OPEC+ Joint Ministerial Monitoring Committee's meeting on June 21

VIENNA. KAZINFORM Iranian Oil Minister Bijan Namdar Zanganeh may take part in the OPEC+ Joint Ministerial Monitoring Committee's meeting on June 21 in order to discuss the easing of quotas under the oil production cut deal, two sources participating in the talks told TASS.

20.06.2018 16:16

Kazakhstan's oil extraction ups 7.8%

Kazakhstan's oil extraction ups 7.8%

ASTANA. KAZINFORM The country's crude oil output reached 32,185,000 tons for January-May, 2018 that is 7.8% more as compared to the same period of the 2017, statistics committee of the National Economy Ministry reports.

14.06.2018 10:54

Global oil demand to grow by 1.4 mln barrels per day in 2019 - IEA

Global oil demand to grow by 1.4 mln barrels per day in 2019 - IEA

MOSCOW. KAZINFORM The International Energy Agency (IEA) expects the global crude oil demand to go up by 1.4 mln barrels per day in 2019.

13.06.2018 17:36

Second branch of Turkey's longest tunnel to be commissioned

Second branch of Turkey's longest tunnel to be commissioned

BAKU. KAZINFORM The second branch of the Mount Ovit Tunnel, which will connect Turkey's two northern provinces, namely, Rize and Erzurum, will be commissioned in the country June 13, the Turkish Ministry of Transport, Maritime Affairs and Communications told Trend.

13.06.2018 17:13

17th Caspian International Transport, Transit and Logistics Exhibition underway in Baku

17th Caspian International Transport, Transit and Logistics Exhibition underway in Baku

BAKU. KAZINFORM On June 11, the 17th Caspian International Transport, Transit and Logistics Exhibition, TransCaspian / Translogistica 2018 kicked off at Baku Expo Centre.

12.06.2018 14:52

Kazakh maritime shipping company to expand transportation of oil cargoes in open seas

Kazakh maritime shipping company to expand transportation of oil cargoes in open seas

BAKU. KAZINFORM The strategy of Kazmotransflot LLP (KMTF) in the sector of oil cargo transportation in the open seas is aimed at strengthening the positions in the trans-Black Sea region and the consistent increase in participation in the total volume of transportation of Kazakhstan oil cargoes in the open seas by increasing its own large-capacity fleet, a source in the company told Trend.

12.06.2018 12:35

Kazakhstan to export petrol to CA

Kazakhstan to export petrol to CA

ASTANA. KAZINFORM "Kazakhstan intends to export petrol to the countries of Central Asia," Kazakh Energy Minister Kanat Bozumbayev told a briefing on Monday.

12.06.2018 12:06

Crude oil gets cheaper

Crude oil gets cheaper

ASTANA. KAZINFORM - Oil prices went down during Friday trading sessions on the commodity exchanges of London and New York, Kazinform correspondent reports.

09.06.2018 10:49

KazPetrol expanding production, export of oil

KazPetrol expanding production, export of oil

BAKU. KAZINFORM Kazakhstan's KazPetrol group of companies, engaged in development of oil fields and oil production, will increase the volume of recoverable oil reserves in the country's Kyzylorda region to 2.5 million tons, commercial director of KazPetrol Batyrzhan Daulet told Trend.

07.06.2018 12:43

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