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
Russia’s mega-project to export its gas to China, the Power of Siberia pipeline, came online December 2. By 2024, the pipeline is expected to deliver 38 billion cubic meters (bcm) 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
The giant Kashagan oil field in Kazakhstan hit a record-high oil production of 400,000 bpd on Tuesday, a few weeks after returning from planned maintenance, three sources familiar with the Continue Reading
The giant Kashagan oil field in Kazakhstan hit a record-high oil production of 400,000 bpd on Tuesday, a few weeks after returning from planned maintenance, three sources familiar with the Continue Reading
France’s oil and gas major Total is looking to sell a third of its 17-percent interest in the giant Kashagan oil field in Kazakhstan, aiming to raise up to US$4 Continue Reading
Tokyo — Production at the giant Kashagan oil field in Kazakhstan’s sector of the Caspian Sea restarted Sunday following the completion of scheduled maintenance, a source with a partner in Continue Reading
BP PLC and its partners will lead a $6 billion development of the giant Azeri-Chirag-Deepwater Gunashli oil-field complex offshore Azerbaijan, the U.K. oil major said Friday. The Azeri Central East Continue Reading
