Top Western oil producers could experience a hit to revenue if disruptions at a Russian Black Sea port curtail output from Kazakhstan’s giant oilfields, highlighting the growing global supply risk after Moscow’s invasion of Ukraine. Chevron (CVX.N) , Exxon Mobil (XOM.N) , Shell (SHEL.L) , TotalEnergies (TTEF.PA) and Italy’s Eni (ENI.MI) are among international companies with stakes in Kazakhstan’s oilfields. Most of the central Asian country’s crude is exported via the Caspian Pipeline Consortium (CPC) pipeline to the port of Novorossiisk, supplying around 1.2% of global oil demand. The port’s operator shut down two of the three berths at the CPC export terminal on Wednesday, blaming damage from a recent storm, although loadings were partially resuming from one on Thursday. read more However, that is unlikely to stop the limited storage capacity at the port filling up, meaning oilfield output would have to be […]