Kazakhstan | Egypt Oil & Gas - Part 2
OPEC Might Extend Output Cut Deal
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
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
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
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.
Iran Expanding Energy Cooperation with Kazakhstan, China
Iran and China plan to jointly construct the fourth oil refinery of Kazakhstan
Russia Sells China its Stake in Kazakh Oil
Lukoil—the second largest oil producer in Russia—sold its stake in Kazakh oil company Caspian Investments Resources to China Petroleum & Chemical Corporation,
Kazakh Currency Drops 22% from Oil Price
The national currency of Kazakhstan, the Tenge, lost nearly a quarter of its public value on Thursday,
Tankers Become Top Option for Moving Caspian Sea Oil
Since the 1991 collapse of the USSR, the Caspian basin has come surging into the global oil and natural gas market. The U.S. government’s Energy Information Administration estimates that the Caspian could contain as ...
