(SRI) – Russian oil and gas companies have begun to expand into Kazakhstan in late 1990s, as they started to implement strategic plans to grow production capacity beyond Russia’s borders.
(bne) – China Investment Corporation’s acquisition of a stake in KazMunaiGas Exploration Production and the opening of a pipeline linking oil-rich western Kazakhstan to the Chinese border meant it was inevitable that China’s grasp of Kazakh natural resources would be the hot topic at this year’s Kazakhstan International Oil and Gas Exhibition (Kioge) conference.
(bne) – After more than a year of often-tense negotiations, the Kazakh government is due to finalise an agreement with the consortium developing the enormous Kashagan oilfield in September.
Gas pipeline gigantism
(Asia Times) – Ground was broken in Kazakhstan last week for construction of that country’s segment of a natural gas pipeline from Turkmenistan to China, set to be the longest and most expensive such pipeline in the world.
Central Asian natural gas pipeline off after blast
(AP – Forbes) – Part of a pipeline carrying natural gas from energy-rich Central Asia to Russia has been shut down after being damaged by an explosion.
Jupiter Energy secures $50m loan (The West Australian)
BG names new head of its Kazakhstan operations
(SRI) – Peter Dranfield has been named the president of BG Kazakhstan, the oil grouped announced.
A new oil bully in the Caspian?
(TOL – BusinessWeek) – Kazakhstan, with an output potential of 1.5 million barrels a day, shows signs of rivaling Russia in strut and swagger.
Kazakhstan in talks to buy Turkmen gas (iStockAnalyst)
Imperial Energy receives takeover approach amid ONGC report (Economic Times)
Caspian Energy Inc.: Aransay #711 post-salt spud (marketwire)
Caspian pipelines ease Russia’s grip
(Asia Times) – The overland oil pipeline that Kazakhstan intends to build from the Tengiz field, in the northwest of the country, to the port of Aqtau in the southwest could help the country shed its dependency on Russia’s export ways.
Medvedev talks pipelines in Central Asia
(St. Petersburg Times) – President Dmitry Medvedev wound up a three-state energy tour with talks in Kazakhstan on Saturday and Sunday to consolidate his country’s monopoly on transiting Central Asian gas.
Kazakhstan negotiates with Azerbaijan and Georgia new oil pipeline
(TREND) – Kazakhstan has began talks with Azerbaijan and Georgia on the construction of new oil pipeline from Baku to Batumi port of the Black Sea, Timur Kulibayev, chairman of KazEnergy Association said.
ENI CEO says Kashagan going full steam
(Reuters) – Kazakhstan’s Kashagan oil field, which has suffered severe delays, is now going full steam, the chief executive of operator ENI said, playing down suggestions the government was holding up the project.
Tensions mire Kazakh oil potential
(UPI) – The strained relationship with energy-rich Kazakhstan and world oil giants overshadows the renewed international interest in the country’s vast reserves.
Kazakh uranium plans develop with acid plant
(World Nuclear News) – Kazakhstan’s uranium mining operations stepped forward recently with permission to ramp up the South Inkai in-situ leach mine and a new sulfuric acid plant essential for such operations.
Seeking a Caspian Sea route to export oil to Europe (AsiaNews.it)
Exxon attacks Kazakh oilfield delays
(Financial Times) – ExxonMobil, the world’s biggest listed integrated energy group, on Tuesday blamed the government of Kazakhstan for delaying the development of the world’s biggest new oilfield, significantly raising the level of acrimony surrounding the troubled project.
Eni to remain Kashagan operator till commencement of commercial production
(Interfax) – Italian Eni SpA will remain the operator of the Kashagan project in the North Caspian Sea till the commencement of commercial production in 2013, Total CEO Christophe de Margerie told Bloomberg in an interview.
Kazakhstan joined World Petroleum Council
(Kommersant) – Kazakhstan has joined the World Petroleum Council (WPC), Interfax reported July 1 with reference to KazEnergy association of oil, gas and energy companies of Kazakhstan.
Max Petroleum extends deadline of restructuring deal until Aug 31 (Thomson Financial – Interactive Investor)
Kashagan deal good for Western group — analysts
(Reuters) – Western companies developing the giant Kashagan oilfield struck a good deal when they signed a memorandum on the project’s future with Kazakhstan’s government last week, analysts said on Monday.
Production delay at Kashagan oil field
(Oil and Gas Journal) – The Kazakh government, winning important new economic concessions, agreed to a further delay in the start of production at the offshore Kashagan oil field after meeting with the Eni SPA-led consortium developing the field.
Tethys Petroleum: Commencement of AKK15 shallow gas exploration well (Market Wire – Fox Business)
Russian-Kazakh Caspian discovery claimed
(Oil and Gas Journal) – The first well on the Tsentralnaya structure in the Caspian Sea off Russia is a possibly giant oil and gas-condensate discovery, the OOO TsentrKaspneftegas joint venture announced earlier this month.