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19.06.2013 Exchange rates: 151.35 202.55 4.74 Weather forecast: Astana 27°C
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IV Congress of Religions' Leaders

Oil and Gas

19 June 2013, 15:52

Kazakhstan reveals amount to be allocated for geological exploration

ASTANA. June 19. KAZINFORM Some eight billion tenge ($ 1 - 151 tenge) will be transfered from the state budget of Kazakhstan for geological exploration in 2013, Chairman of the Committee of Geology and Subsoil Use of the Ministry of Industry and New Technologies Bazarbai Nurabaev said.

18 June 2013, 09:00

Atyrau will host 3rd International Oil and Gas Conference

ATYRAU. June 18. KAZINFORM - On June 19-20 Atyrau hosts III International Oil and Gas Conference and Exhibition called "Caspian shelf development".

17 June 2013, 17:15

Inpex to miss 2020 oil and gas production target, Bernstein says

LONDON. June 17. KAZINFORM Inpex Corp. (1605), Japan's biggest energy explorer, will miss its target of producing 1 million barrels of oil equivalent a day by the end of the decade, according to Sanford C. Bernstein & Co.

17 June 2013, 12:47

Prime Minister of the United Kingdom to make first official visit to Kazakhstan

ASTANA. June 17. KAZINFORM - Prime Minister David Cameron will make his first official visit to Kazakhstan in the history of bilateral relations. This has been announced today at a press briefing by the spokesman for the central communications services Altai Abibullayev.

14 June 2013, 13:00

Akhmetov: Kazakhstan oil refineries to experience oil shortage

ASTANA. June 14. KAZINFORM "Kazakhstan could face oil shortage after reconstruction of its oil refineries," Prime Minister of Kazakhstan Serik Akhmetov informed during the joint session of the Houses of Parliament.

13 June 2013, 09:11

Caspian CPC crude exports to decline 1.2% in July, plan shows

LONDON. June 13. KAZINFORM The Caspian Pipeline Consortium, which operates the only oil export link in Russia with foreign shareholders, will reduce daily crude exports from the Black Sea in July by 1.2 percent from June, a provisional loading program obtained by Bloomberg News showed.

10 June 2013, 18:09

Atyrau company to be fined KZT 5 mln for oil spill

ATYRAU. June 10. KAZINFORM – A company having spilled 101 tones of oil in Atyrau region will have to pay fine amounting KZT 4 million 857 thousand for damage to the environment, said Maksat Ermekov, the attorney for Isatai District.

09 June 2013, 07:56

Oil, global markets rise on US jobs data

LONDON. June 9. KAZINFORM Stock markets rose yesterday after a US jobs report suggested the Federal Reserve is likely to keep its stimulus program going for now.

08 June 2013, 17:18

Chevron Among Drillers Facing Gas Wells Nuisance Lawsuit

ASTANA. June 8. KAZINFORM Chevron Corp. (CVX), Williams Cos. and WPX Energy Inc. (WPX) face a lawsuit by six Pennsylvania families who claim nearby gas wells are a nuisance that have diminished their ability to make use of their property. The families say the companies' activities have ruined the "quiet use and enjoyment" of their homes and caused emotional damages including anxiety and fear. The homeowners seek unspecified compensatory and punitive damages for the effects of toxic chemicals, noise and odor from nearby gas wells, according to a copy of a complaint provided by the families' lawyers. It couldn't immediately be verified in court records.

07 June 2013, 09:30

British largest aircraft landed in Atyrau with equipment for Caspian oil disaster elimination

ATYRAU. June 7. KAZINFORM – Last night the largest aircraft in the world called "Ruslan" landed in Atyrau with the equipment to eliminate the third level Caspian oil disaster.

07 June 2013, 05:06

Kazakhstan holds exercises on liquidation of oil spills in Kashagan

BAKU. June 7. KAZINFORM "Kashagan 2013" large-scale exercises started in Kazakh Atyrau on Thursday, Kazinform reported. Within the exercises, the Kazakh emergency services test their readiness for the third level oil spills.

06 June 2013, 16:06

Caspian CPC crude exports to fall 2% in June, final plan shows

LONDON. June 6. KAZINFORM The Caspian Pipeline Consortium, which operates the only oil export link in Russia with foreign shareholders, will reduce daily crude exports from the Black Sea in June by 2 percent from May, a final loading program obtained by Bloomberg News showed.

05 June 2013, 05:51

Hungarian oil and gas company MOL to join KazEnergy Association

ASTANA. June 5. KAZINFORM The largest Hungarian oil and gas operator MOL has decided to join the KazEnergy Association, the press service of the association informed Trend.

01 June 2013, 11:41

Kazakhstan-China gas pipeline capacity to be increased

ASTANA. June 1. KAZINFORM Kazakhstan and China will increase the power of the first section of the main gas pipeline between the two countries through the construction of additional threads. The Minister of Oil and Gas of Kazakhstan has submitted the draft law "On the ratification of the Protocol on Amendments to the Agreement between the Government of Kazakhstan and the Government of China on cooperation in the construction and operation of the Kazakhstan-China gas pipeline from August 18, 2007" to the Majilis (lower chamber of parliament).

01 June 2013, 05:06

Oil giant Total is fined 307 mln euros over bribes in Iran (VIDEO)

PARIS. June 1. KAZINFORM French oil giant Total has been fined 307 million euros to settle charges of bribery brought by the US government. It is alleged the company paid Iranian officials in exchange for oil and gas contracts between 1995 and 2004.The company's chairman and chief executive may also face prosecution for misuse of company funds.

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