A court in Kazakhstan has fined the operator of the giant Kashagan oilfield 3.5 billion tenge ($6.64 million) for ...

ASTANA. Jan 9 (Interfax) - Repairs at Tengiz, one of Kazakhstan's largest oil and gas fields, should be completed by mid-January, the Kazakh Energy Ministry told Interfax on January 5. "According to ...

ASTANA – Embamunaigas, a 100% subsidiary of KazMunayGas (KMG) national oil and gas company, has begun drilling the first exploratory well at the Taisoigan site in the Atyrau Region, KMG’s press ...

ALMATY, Jan. 8 (Xinhua) -- Kazakhstan cut its 2025 oil production forecast to 96.2 million tonnes, down from the previous estimate of 97.2 million tonnes, the Ministry of Energy said on Wednesday.

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MOSCOW: Output from Kazakhstan’s biggest oil field Tengiz, operated by US major Chevron, remained 20% below its scheduled ...

Kazakhstan’s vulnerability to climate change further complicates its economic outlook. The country is warming at a rate ...

Initial indicators suggest oil exports from Kazakhstan were unchanged or higher in 2024 despite an unplanned drop in the ...

Kazakhstan authorities have implicated two ... The partial shutdown has led to a major decline in the field’s oil production, which fell by 20% against the initial output plan to 494,000 bpd ...

According to the ministry, despite recent maintenance and upgrades at major oil fields enhancing production capabilities, Kazakhstan plans to adhere to its OPEC+ obligations and compensation plan.

He also cited the company's use of artificial intelligence in evaluating variations across sub-basins and in predicting well productivity and efficiency. Chevron has had a 15% annual growth rate over ...

One source of leverage for Russia is the pipeline that connects oil produced in Kazakhstan’s Tengiz oil field to export markets via a pipeline and oil terminal at the Russian port of Novorossiysk ...