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
Kazakhstan has snubbed a top Chevron official over unrest at the giant Tengiz oil field, operated by the company’s Kazakh joint venture Tengizchevroil (TCO), as new President Kassym-Jomart Tokayev welcomed Continue Reading
