Kazakhstan
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Kazakhstan to Establish Oil, Gas Engineering Development International Center
Thursday, 3rd December 2020
Kazakhstan signed an agreement to establish an international center for the development of oil and gas engineering.
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Petrofac Joint Venture Secures EPC Contract in Kazakhstan
Sunday, 12th July 2020
Petrofac’s Engineering & Production Services (EPS), in a joint venture with Kazakhstan’s Isker, has secured an Engineering, Procurement, Construction, Pre-commissioning and Commissioning (EPCC) contract worth of $135 million for new water treating facilities in Atyrau.
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Kazakhstan to Compensate for May Overproduction
Wednesday, 10th June 2020
Kazakshtan’s Energy Minister, Nurlan Nogayev, has confirmed that Kazakhstan will offset overproduction in May by lowering output in August and September.
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Kazakhstan Achieves 102.6% of Oil Production Plan
Wednesday, 13th May 2020
Kazakhstan’s Minister of energy, Nurlan Nogayev, reported that Kazakhstan had produced 31.3 million tons of oil between the months January-April, which amounts to 102.6% of the production plan.
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Saudi Arabia, Kazakhstan Reiterate Importance of Production Cuts
Sunday, 5th November 2017
Officials from Saudi Arabia and Kazakhstan noted the importance of ongoing production cuts during a recent meeting in Uzbekistan.
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Iraq, UAE, Kazakhstan Recommit to Oil Cut Deal
Thursday, 10th August 2017
Iraq, the UAE, and Kazakhstan, reiterated their support for January's production-cut agreement between OPEC and other major oil producers. -
OPEC Might Extend Output Cut Deal
Sunday, 15th January 2017
The Organization for Petroleum Exporting Countries (OPEC) could extend its oil output cuts to the end of 2017, provided other producers continue to cooperate on the deal. -
Iran, Total to Resume Oil Swap with Caspian Sea
Monday, 19th September 2016
Naftiran Intergraded Company Sàrl, Swiss-based subsidiary of the National Iranian Oil Company (NIOC), and France's Total will sign oil swapping deal for around 200,000b/d. -
Iran to Swap Oil with Caspian Sea States
Thursday, 18th August 2016
Iran can swap up to 120,000 b/d of crude oil, which can be enhanced to over 1.5 mb/d in the future, with its northern neighbors at North Oil Terminal. -
Iran to Build Wind Farm in Kazakhstan
Monday, 16th May 2016
Iran has signed an agreement with Kazakhstan towards building a 50MW wind power plant in the west of Kazakhstan, near the country's Caspian Sea shores. The Kazakh government will finance the $110m project.
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 63.71 | +0.78% |
Crude Oil (Brent) Brent | USD/bbl | 67.62 | +0.87% |
NYMEX Natural Gas | USD/MMBtu | 2.85 | -0.87% |
OPEC Basket Price | USD/bbl | 63.73 | +2.79% |
Last Modified February 25, 2021