Oil and Gas Sector

08.12.2022

Ministry of Energy comments on downtime of tankers with oil from Kazakhstan

The situation with tankers transporting Kazakh oil, which has developed in the straits in Turkey, was commented on by the Ministry of Energy of Kazakhstan.

“Today, the waiting time in the Bosphorus and Dardanelles is six days. This is normal for the winter season, last year the wait in December was...

The situation with tankers transporting Kazakh oil, which has developed in the straits in Turkey, was commented on by the Ministry of Energy of Kazakhstan.

“Today, the waiting time in the Bosphorus and Dardanelles is six days. This is normal for the winter season, last year the wait in December was...

08.12.2022

Oil exports from Kazakhstan may be limited by anti-Russian sanctions

Kazakh experts believe that the embargo on oil from Russia will eventually affect the exported raw materials from Kazakhstan.

Experts gave a forecast of how the trade in Kazakh oil will develop further after the introduction of a ban on the purchase of raw materials from Russia.

On December 5, the EU...

Kazakh experts believe that the embargo on oil from Russia will eventually affect the exported raw materials from Kazakhstan.

Experts gave a forecast of how the trade in Kazakh oil will develop further after the introduction of a ban on the purchase of raw materials from Russia.

On December 5, the EU...

08.12.2022

IPO of KazMunayGas: foreigners buy shares for 6.6 billion tenge

The results of the subscription to KazMunayGas shares, which ended on December 2, 2022, as part of an IPO on the exchange of the Astana International Financial Centre (AIX) and the Kazakhstan Stock Exchange (KASE), became known, with reference to the press service of the national company.

“More than 129 thousand...

The results of the subscription to KazMunayGas shares, which ended on December 2, 2022, as part of an IPO on the exchange of the Astana International Financial Centre (AIX) and the Kazakhstan Stock Exchange (KASE), became known, with reference to the press service of the national company.

“More than 129 thousand...

08.12.2022

OPEC+ puts market share at risk following output curb

It was no surprise that OPEC+, which includes Russia and Kazakhstan, decided to hold production steady at its latest meeting and the association of oil producers now must face the unstable market.

The meeting followed a decision by the group back in October to cut overall production by two million barrels...

It was no surprise that OPEC+, which includes Russia and Kazakhstan, decided to hold production steady at its latest meeting and the association of oil producers now must face the unstable market.

The meeting followed a decision by the group back in October to cut overall production by two million barrels...

08.12.2022

Brent hits bottom as demand looks bleak

The price of oil fell to its lowest level this year on Wednesday, forfeiting all of the gains since Russia's invasion of Ukraine exacerbated the worst global energy supply crisis in decades.

The world's most actively traded commodity surged to nearly $140 a barrel in March, close to an all-time record,...

The price of oil fell to its lowest level this year on Wednesday, forfeiting all of the gains since Russia's invasion of Ukraine exacerbated the worst global energy supply crisis in decades.

The world's most actively traded commodity surged to nearly $140 a barrel in March, close to an all-time record,...


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