Tensions between Kazakhstan and Russia are reaching a boiling point. Awkward exchanges between leaders highlight weakness in the two countries’ alliance. Russia’s unprovoked war in Ukraine has left Kazakhstan and Continue Reading
Kazakhstan is changing the name of the oil it exports via Russian seaports to Kazakhstan Export Blend Crude Oil (KEBCO) to dissociate it from oil originating in Russia in order Continue Reading
International sanctions on Russia appear to be working. Kazakhstan’s biggest iron ore-enricher has cut supplies to Russian steelworks. A growing number of Kazakh businesses are growing wary of contagion from Continue Reading
Kazakhstan expects to resume full operations on its main oil-export route via Russia in the coming days, after storms curtailed shipments. The Central Asian country was forced to reduce deliveries Continue Reading
Ukraine: Kazakhstan may have secretly been loading Russian crude in their exported crude cargoes. After identifying what they believe is secretly loaded Russian crude with Kazakh oil, the experts sent Continue Reading
Russian companies grappling with stinging international sanctions are exploring ways to relocate. The bulk of the enterprises and individuals making the move out of Russia to Kazakhstan are involved in Continue Reading
Repairs to two damaged loading points could take 2-3 weeks ‘Significant’ production losses to be avoided Relief for markets tightened by fears for Kazakh export-grade Kazakhstan’s CPC crude oil loadings Continue Reading
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 Continue Reading
Russian officials announced this week sea storms had caused major disruption to Kazakh oil flows to global markets, leaving traders scrambling to find out the extent of the damage. The Continue Reading
A consortium operating the pipeline that Kazakhstan uses to export the bulk of its oil has said the route may be largely unusable for up to two months because of Continue Reading
Highlights US company’s CPC crude shipments certified of Kazakh origin Industry seeks to maintain Kazakh shipments amid Russian boycotts CPC crude remains discounted on Ukraine fallout, shipping risk Kazakhstan’s CPC Continue Reading
Kazakhstan has banned the export of hard currency in amounts worth more than $10,000, as well as gold and silver bullion, as it attempts to stabilize a national currency battered Continue Reading
Kazakhstan is facing economic crisis as the war in Ukraine threatens crude oil exports, which alone account for around 14 percent of GDP and 57 percent of exports. The bulk Continue Reading
Russia’s continued war in Ukraine is having some unintended consequences in neighboring countries. Kazakhstan is rushing to minimize the fallout of Russian sanctions. The economies of Eurasia are so closely Continue Reading
The central Asian nations of Kazakhstan, Uzbekistan and Kyrgyzstan suffered electrical power outages in major cities on Tuesday, according to authorities and residents, after a major power line in Kazakhstan Continue Reading
A Russia-led military bloc began to pull its troops out of Kazakhstan on Thursday after a week-long deployment which helped the Central Asian nation overcome the worst bout of violent Continue Reading
A deadly uprising in Kazakhstan triggered by a fuel price hike is a powerful reminder of the struggle governments face in trying to limit public subsidies of fossil fuels when Continue Reading
The authorities in Kazakhstan said Monday that nearly 8,000 people were detained by police during protests that descended into violence last week and marked the worst unrest the former Soviet Continue Reading
Gradual increase to normal levels after protests at remote site Tengiz is largest contributor of CPC export blend CPC, a light, relatively low-sulfur crude, is Kazakhstan’s main export blend Kazakhstan’s Continue Reading
Russian President Vladimir Putin claimed victory on Monday in defending Kazakhstan from what he described as a foreign-backed terrorist uprising and promised leaders of other ex-Soviet states that a Moscow-led Continue Reading
President Kassym-Jomart Tokayev also said “20,000 bandits” had attacked the main city of Almaty, the epicentre of protests sparked by a fuel price hike. He blamed foreign-trained “terrorists”, without giving Continue Reading
Highlights ‘Temporary adjustment’ to output due to logistics: TCO Protests continuing at site amid national upheaval Other main Kazakh fields said to be operating as normal The operator of Kazakhstan’s Continue Reading
t came as no big surprise when a crumbling oil town in western Kazakhstan stirred in protest last Sunday, 10 years after security forces there killed more than a dozen Continue Reading
Bloody clashes between anti-government protesters and security forces appeared to have largely subsided overnight Friday, though the streets of Almaty, Kazakhstan’s largest city, remain littered with debris and burned cars Continue Reading
US Secretary of State Antony Blinken has questioned Kazakhstan’s decision to seek Russian military aid to deal with an ongoing wave of violent unrest. Dozens of people have been killed Continue Reading
Fresh violence erupted in Kazakhstan’s main city of Almaty on Thursday as Russia sent in paratroopers to put down a countrywide uprising in one of Moscow’s closest former Soviet allies. Continue Reading
Troops from a Russia-led military alliance arrived in Kazakhstan on Thursday to restore order after protests in the Central Asian country turned violent, with the police reporting that dozens of Continue Reading
Highlights Unrest said focused on cities, not mine areas Telecommunications cut could impact logistics Uranium spot prices jump amid unrest International metals producers active in Kazakhstan told S&P Global Platts Continue Reading
Protests continuing at site amid national upheaval Other main Kazakh fields said to be operating as normal The operator of Kazakhstan’s highest-producing oil field, Tengiz, said Jan. 6 that a Continue Reading
CPC crude export artery ‘fully functional’: Shell Shell keeps situation under ‘constant review’ amid security fears Tengiz operator working to resolve protest situation Kazakhstan’s three largest oil fields, the main Continue Reading
Kazakhstan’s President Kassym-Jomart Tokayev said on Friday he had given shoot-to-kill orders to deal with further disturbances from those he called bandits and terrorists, adding that those who failed to Continue Reading
Production at Kazakhstan’s largest oil venture Tengizchevroil (TCO) continues but there has been a “temporary adjustment to output due to logistics” as a result of protests at the Tengiz field, Continue Reading
Long adept at stoking unrest in the West, President Vladimir V. Putin of Russia sent troops to the Central Asian nation of Kazakhstan on Thursday to try to extinguish the Continue Reading
Kazakh President Kassym-Jomart Tokayev accepted the government’s resignation on Wednesday after a fuel price increase in the oil-producing Central Asian country triggered protests in which nearly 100 police were injured. Continue Reading
No supply disruption reported from main export fields Contract workers gather in support of protests Mangistau region output mainly directed to domestic needs Contract workers at Kazakhstan’s highest-producing oil field, Continue Reading
Russia and its allies pledged to send troops to help quell protests in Kazakhstan that posed the biggest threat to the central Asian country’s leadership for decades. Dozens of anti-government Continue Reading
Riot police walk to block demonstrators during a protest in Almaty, Kazakhstan, Wednesday, Jan. 5, 2022. Demonstrators denouncing the doubling of prices for liquefied gas have clashed with police in Continue Reading
Kazakhstan’s president appealed to a Russian-led military alliance for help on Wednesday after vowing to act with force to curb protests that have swept the resource-rich central Asian nation in Continue Reading
Kazakh President Kassym-Jomart Tokayev accepted the government’s resignation on Wednesday after a fuel price increase in the oil-producing Central Asian country triggered protests in which nearly 100 police were injured. Continue Reading
Energy demand is high and supplies are low from Europe to Asia. Many countries in the European Union have enacted emergency provisions to help their most vulnerable citizens survive a Continue Reading
Kazakhstan meticulously studied the lessons of the 2014/2015 oil slump and has so far survived the last 12 months’ market depression with legislative and executive poise. Though still heavily dependent Continue Reading
Crude production from Kazakhstan’s highest-producing oil field, Tengiz, dropped 12% on the year in the second quarter to 570,000 b/d, figures from the Chevron-led operating consortium showed Sept. 9, reflecting Continue Reading
The Chevron-led consortium that operates Kazakhstan’s largest oil field, Tengiz, is imposing production cuts in line with government legislation covering May-June and is not yet aware of additional restrictions for Continue Reading
Kazakhstan’s crude oil production has fallen below 1.7 million bpd of crude and condensates, oil analytics firm OilX told Oilprice.com, noting that the giant Tengiz field has seen a jump Continue Reading
Kazakhstan is in talks with the companies operating its two sizeable offshore oil projects to reduce total output by 22 percent in compliance with the latest OPEC+ production cut agreement. Continue Reading
The government in Kazakhstan has, in the light of the unfolding coronavirus pandemic and the concomitant fall in global oil prices, revised its economic projections for this year to forecast Continue Reading
Loadings of Kazakhstan’s CPC crude grade spiked to a record-high 1.65 million b/d in March propelled by production from the giant Tengiz and Kashagan fields, the pipeline’s operator said in Continue Reading
Three decades after gaining independence, Azerbaijan and Kazakhstan face a growing struggle convincing investors and markets of the potential for significant new oil opportunities in the Caspian region. Receive daily Continue Reading
Oil production at one of the world’s largest offshore oil fields, Kashagan in Kazakhstan, has dropped by 80,000 barrels per day since early October because of unplanned maintenance, Kazakhstan’s energy Continue Reading
Kazakhstan’s North Caspian Operating Company, which manages the giant Kashagan oil field, is planning further production increases after recent upgrade and maintenance work, and aims to present a new project Continue Reading
