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 ...
Kazakhstan’s Kashagan Oil Field Pumped Back to Life
Kazakhstan, an oil producer since 1911, has the second largest oil reserves as well as the second largest oil production after Russia in the post-Soviet space. Soviet Kazakhstan’s oil production did not increase to a ...
India to Push for 2 Gas Pipelines from Central Asia
India will simultaneously push for two gas pipelines originating from Central Asia, one from Kazakhstan and the other from Turkmenistan, during Prime Minister Narendra Modi's visit there this month, in a bid to hedge ...
Eni Takes Larger Share in Kazakhastan Oil Reserve
Italian energy company Eni said it took on a larger stake in the Isatay oil reserve area in the Caspian Sea from its partners in Kazakhastan.
Kazakhstan-China Oil and Gas MOU Signed
Tethys Kazakhstan SA, a subsidiary of Tethys Petroleum, has signed an MOU with PetroChina International Kazakhstan to explore the feasibility of a long-term and mutually beneficial cooperation in natural gas and crud ...
