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
The patience of many in Turkmenistan seems to have reached its limit when it comes to poor government services and officials seemingly apathetic to the plight of the average person. 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
The leaders of several former Soviet republics in Central Asia and elsewhere are still denying the severity of the coronavirus pandemic , weeks after most other governments abandoned that approach. Continue Reading
Demand for dollars has spiked in Azerbaijan amid fears of another currency devaluation following a plunge in oil prices. A feud between Saudi Arabia and Russia led to a sharp Continue Reading
Some of the world’s first ever commercial oil wells were operational near Baku in 19 th century Imperial Russia in today’s Azerbaijan. The oil abundance produced some of the wealth Continue Reading
The tropical Maldives may lose entire islands unless it can quickly access cheap financing to fight the impact of climate change, its foreign minister said. The archipelago’s former president Mohamed Continue Reading
