Oil & Gas ≡ Today’s latest news in category Oil & Gas

Gazprom Neft, Saudi Aramco launch artificial intelligence project

RIYADH. KAZINFORM - Gazprom Neft and Saudi Aramco signed an agreement, which envisages cooperation in a project to use artificial intelligence and neural network technologies in hydrodynamic modeling of deposits, company head Alexander Dyukov told reporters on the sidelines of the Russia-Saudi investment forum.

World News > World News

15.10.2019 11:43

Over the year volume of gasoline and diesel fuel production grew by 13% and 9%

NUR-SULTAN. KAZINFORM – Prices for gasoline fell by an average of 4% at the country's gas stations, Kazinform reports with the reference to EnergyProm.

News

14.10.2019 11:43

Iranian oil tanker hit by explosions near Jeddah

TEHRAN. KAZINFORM - An Iranian oil tanker was hit by missiles in Red Sea earlier on Friday, causing damage in its two major tanks and oil is spilling into the sea, Kazinform refers to IRNA.

World News > World News

11.10.2019 15:40

OPEC daily basket price rises to US$58.65 a barrel Wednesday

VIENNA. KAZINFORM - The price of OPEC basket of fourteen crudes stood at US$58.65 a barrel on Wednesday, 9th October compared with $58.53 the previous day, according to OPEC Secretariat calculations.

World News > World News

10.10.2019 19:25

TurkStream branch to Serbia to start in 2020

ANKARA. KAZINFORM - A connecting branch of the TurkStream natural gas pipeline will start next year to extend from Belgrade to the Republika Srpska, one of the two entities of Bosnia and Herzegovina, the Minister of Energy and Mining of Republika Srpska Petar Djokic announced Monday evening.

World News > World News

09.10.2019 08:21

BP names new group chief executive

The Board of BP announced today that, after a 40-year career with BP and over nine years as group chief executive, Bob Dudley, 64, has decided to step down as group chief executive and from the BP Board following delivery of the company’s 2019 full year results on 4 February 2020 and will retire on 31 March 2020, Trend reports.

World News > World News

04.10.2019 17:28

TCO Catering, Facility Management and Transportation Forum held in Nur-Sultan

NUR-SULTAN. KAZINFORM Approximately 40 companies participated in the Catering, Facility Management and Transportation Forum that had objectives to study and discuss opportunities of the domestic services market in catering, facility management and transportation. The Forum was hosted by Tengizchevroil LLP, the company’s press service informs.

Economy > Oil and Gas

04.10.2019 10:41

180,000 t of aromatic hydrocarbon to be produced in Kazakhstan for export

NUR-SULTAN. KAZINFORM – Today Makhambet Dosmukhambetov, First Vice-Minister of Energy, has spoken about the development of production in the petrochemical sector, Kazinform correspondent reports.

Politics > Government

02.10.2019 17:33

Oil prices end week post worst weekly loss since July

ANKARA.KAZINFORM Crude oil prices on Friday posted their worst weekly decline since July after Saudi Arabia restored its oil production much faster than anticipated in the aftermath of the drone attacks.

Economy > Oil and Gas

29.09.2019 11:40

KazMunayGas, Equinor sign joint exploration agrt

NUR-SULTAN. KAZINFORM On September 24, 2019, Alik Aidarbayev, Chairman of the Management Board at JSC NC «KazMunayGas» («KMG») met with Tore Loseth, Senior Vice President for Exploration at Equinor ASA («Equinor»), the press service of Kazakhstan Embassy in Norway informs.

Economy > Oil and Gas

27.09.2019 16:38

Kazakhstan’s annual oil export to reach 12mn tonnes by 2023 – Bozumbayev

NUR-SULTAN. KAZINFORM Kazakhstan’s annual oil export will increase by 12mn tonnes by 2023, according to Minister of Energy Kanat Bozumbayev, Kazinform correspondent reports.

Politics > Other Governmental Authorities

26.09.2019 15:23

OPEC Sec-Gen: Oil & gas will dominate until 2040

NUR-SULTAN. KAZINFORM - Oil and gas will dominate the energy industry until 2040. At the same time, this year oil demand will grow to 112 million barrels per day. This forecast was given by OPEC Secretary General Mohammed Barkindo at XII KAZENERGY Eurasian Forum in Nur-Sultan, Kazinform correspondent reports.

Economy > Oil and Gas

26.09.2019 14:48

Energy Minister: We will fulfill obligations within OPEC+

NUR-SULTAN. KAZINFORM – Kanat Bozumbayev, Minister of Energy of Kazakhstan, is taking part in KAZENERGY forum in the city of Nur-Sultan, Kazinform correspondent reports.

Economy > Oil and Gas

26.09.2019 13:44

Kazakhstan to produce 80bn cubic meters of gas by 2027

NUR-SULTAN. KAZINFORM Gas output in Kazakhstan will reach 80bn cubic meters by 2027, Prime Minister Askar Mamin said welcoming the participants of the KAZENERGY Forum in Nur-Sultan, Kazinform correspondent reports.

Economy > Oil and Gas

26.09.2019 13:13

XII KAZENERGY Eurasian Forum kicked off in Nur-Sultan

NUR-SULTAN. KAZINFORM XII KAZENERGY Eurasian Forum with the participation of Prime Minister Askar Mamin has kicked off in the Kazakh capital.

Regions > Nur-Sultan

26.09.2019 11:37

Oil prices down as Saudi Arabia's supply concerns ease

RIYADH. kAZINFORM - Oil prices were down early Tuesday as investors' worries eased with news that Saudi Arabia is expected to restore full production by next week.

World News > World News

25.09.2019 09:48

Kazakhstan’s annual oil processing output to exceed 17mn tonnes

NUR-SULTAN. KAZINFORM The annual oil output in Kazakhstan will exceed 17mn tonnes, according to Deputy CEO of KAZENERGY Association Uzakbay Karabalin. He said it at the 6th International Conference on ‘Oil Processing and Petrochemical Industry in the Caspian and Central Asian Regions» being held in Nur-Sultan today, Kazinform reports.

Economy > Oil and Gas

23.09.2019 14:50

Lukoil Lubricants Central Asia plant opens in Almaty region

ILI DISTRICT. KAZINFORM As part of his working trip to Almaty region Kazakh PM Askar Mamin jointly with Lukoil PJSC president Vagit Alekperov inaugurated the Lukoil Lubricants Central Asia lubricant refining plant in Ili district, the PM’s press service reports.

Politics > Government

20.09.2019 16:04

Kazakh capital starts gas grid construction

NUR-SULTAN. KAZINFORM Gas grid constriction started in Nur-Sultan on September 14. The main trunks will be built by the year-end, the administration’s Instagram account reads.

Economy > Oil and Gas

15.09.2019 11:09

Oil production in Kazakhstan to reach 105mn tonnes by 2025

ATYRAU. KAZINFORM By 2025, annual oil production in our country will reach 105mn tonnes, according to Minister of Energy Kanat Bozumbayev, who said it at the celebratory events dedicated to the 120th anniversary of Kazakhstan’s oil, Kazinform correspondent reports.

Economy > Oil and Gas

08.09.2019 14:42

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