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Kazakhstan Caspian Oil News. Service for global professionals. Constantly updated news and information about Kazakhstan.
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Latest Kazakhstan Caspian Oil News

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  • China's CNPC, KazMunaiGas complete $2.6 billion deal to buy Kazakh oil and gas company 25 Nov 2009 12:15 GMT
    ... ALMATY, Kazakhstan (AP) - China National Petroleum Corp. has ... jointly buy the Central Asian country's fourth-largest oil producer, Kazakhstan's KazMunaiGas said in a statement ... purchase of MangistauMunaiGas from British Virgin Islands-registered Central Asia Petroleum Ltd. was due for completion in ...

  • Distorted IEA oil reserve figures create biofuel opportunities 25 Nov 2009 01:12 GMT
    ... that the IEA may have distorted key oil projections under intense US pressure is, if ... overlooked by investors up to now — Central Asia. Formerly the USSR’s cotton “plantation,” the region ... those clustered around the shores of the Caspian, Azerbaijan and Kazakhstan have seen their economies ...

  • BP Azerbaijan to conduct Chirag Project EIA public discussion on oil production in Azerbaijan sector of Caspian 25 Nov 2009 09:30 GMT
    ... conduct Chirag Project EIA public discussion on oil production in Azerbaijan sector of Caspian Baku, Fineko/abc.az. Azerbaijani International Operating Company (AIOC), the ... oil and 140 bn cu m of gas. The block has been already invested $21 ...

  • Camelina Plant Offers Intriguing New Biofuel 25 Nov 2009 17:31 GMT
    ... an indigenous plant to both Europe and Central Asia, is being explored as a potentially strong ... A Japanese test flight demonstrated that camelina oil can be used for commercial flights, and ... those clustered around the shores of the Caspian, Azerbaijan and Kazakhstan have seen their economies ...

  • CNPC, KazMunaiGas seal $2.6 Bln deal 25 Nov 2009 12:35 GMT
    ... China National Petroleum Corp. has finalized a $2.6 billion ... jointly buy the Central Asian country's fourth-largest oil producer, Kazakhstan's KazMunaiGas said in a statement ... purchase of MangistauMunaiGas from British Virgin Islands-registered Central Asia Petroleum Ltd. was due for completion in ...

  • OMV says Nabucco takes priority over South Stream 25 Nov 2009 09:54 GMT
    ... VIENNA, Nov 25 (Reuters) - Austrian oil and gas group is interested in receiving gas through ... Nabucco project to transport gas from the Caspian region to an Austrian gas hub via Bulgaria, ...

  • UPDATE 2-CNPC, KazMunaiGas buy MangistauMunaiGas for $2.6 bln 25 Nov 2009 13:34 GMT
    ... ALMATY, Nov 25 (Reuters) - China's state-owned strengthened the ... state-owned strengthened the country's grip on Kazakhstan's oil services after buying local operator MangistauMunaiGas in ... joint venture bought MangistauMunaiGas from privately held Central Asia Petroleum, KazMunaiGas said in a statement. The ...

  • CORRECTED-Lundin drills dry well in Russia, shares fall 25 Nov 2009 15:54 GMT
    ... STOCKHOLM, Nov 25 (Reuters) - Swedish independent oil firm Lundin Petroleum drilled unsuccessfully for oil at one of ... sites in the Russian sector of the Caspian Sea, it said on Wednesday, sending its shares ...

  • Luladinejad 25 Nov 2009 06:16 GMT
    ... the arc from the Middle East to Central Asia, including the wars in Afghanistan and Iraq. ... Iran wants to invest heavily in the oil industry, petrochemicals, agriculture, minerals and real estate. ... Iran is very much alert in the Caspian Sea, Iran is advancing its gigantic energy deals ...

  • UPDATE 1-KazMunaiGas, CNPC take over MangistauMunaiGas 25 Nov 2009 11:51 GMT
    ... ALMATY, Nov 25 (Reuters) - Kazakh state energy firm ... KazMunaiGas and China's CNPC have bought Kazakh oil company MangistauMunaiGas for $2.6 billion, KazMunaiGas and ... and CNPC bought MangistauMunaiGas from privately held Central Asia Petroleum, KazMunaiGas said in a statement. The ...

  • Walk Softly 25 Nov 2009 06:33 GMT
    ... Let's back up and talk about what the goal ... to have an area to go into. Central Asia is rich in resources--natural gas, and ... rich in resources--natural gas, and Kazakhstan has petroleum and gold--and there was this opportunity to ...

  • Tel Aviv one of world's top party towns 25 Nov 2009 08:37 GMT
    ... the guide, "Since the 1990s, when it started taking off as a hub for Caspian Sea oil and gas, Baku has been transformed and this newfound economic stimulation hasn't failed to influence urban ...

  • Papoulias says Greece to benefit from fuel deals with Russia 25 Nov 2009 00:10 GMT
    ... cooperation is in our interests," he said. Burgas-Alexandroupolis is a project between Russia, Greece and ... Greece and Bulgaria to pump Russian and Caspian oil from the Bulgarian Black Sea port of Burgas to ...

  • Obama to announce Afghanistan surge of over 30,000 25 Nov 2009 09:04 GMT
    ... surge. The war’s initial aim was to place the US military astride the vast oil and natural gas reserves of the Caspian Basin and, just as critically, to prevent the emergence of a combination of Eurasian powers ...

  • Welcome to the Luladinejad axis 25 Nov 2009 10:10 GMT
    ... Iran wants to invest heavily in the oil industry, petrochemicals, agriculture, minerals and real estate. Lula ... Council. Brazil, which holds the seventh-largest uranium reserves in the world, enriches uranium for its ... alert to preserving its rights in the Caspian Sea, it is advancing its energy deals with ...


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