Oil and Gas Sector

29.09.2020

Bailiff prevents illegal oil export from Kazakhstan

Many lawyers use judicial PR in their practice to achieve their goals. Unfortunately, some ministers of law do not shun black PR, in which, without a twinge of conscience, they easily blur the boundaries of morality and truth.

Recently on zakon.kz, an article by Dmitry Bratus was published under...

Many lawyers use judicial PR in their practice to achieve their goals. Unfortunately, some ministers of law do not shun black PR, in which, without a twinge of conscience, they easily blur the boundaries of morality and truth.

Recently on zakon.kz, an article by Dmitry Bratus was published under...

29.09.2020

Kazakh oil swindler sentenced to 6 years

An enterprising resident of Semey presented himself as the owner of an oil business in Western Kazakhstan and offered to invest profitably. In fact, the profitable project turned out to be an ordinary financial pyramid. Farhat Zhenisov (hereinafter, the names and surnames have been changed) suggested Maksat Orazbekov to invest...

An enterprising resident of Semey presented himself as the owner of an oil business in Western Kazakhstan and offered to invest profitably. In fact, the profitable project turned out to be an ordinary financial pyramid. Farhat Zhenisov (hereinafter, the names and surnames have been changed) suggested Maksat Orazbekov to invest...

29.09.2020

Global oil inventories expected to drop below 5-year average in Q2 2021

OECD commercial oil inventories are expected to stand slightly above the five-year average through Q1 2021, before dropping below that benchmark for the remainder of the year, OPEC Secretary General Mohammed Barkindo said.

The projections are based on latest forecasts, which expect world oil demand in 2020 to contract by 9.5...

OECD commercial oil inventories are expected to stand slightly above the five-year average through Q1 2021, before dropping below that benchmark for the remainder of the year, OPEC Secretary General Mohammed Barkindo said.

The projections are based on latest forecasts, which expect world oil demand in 2020 to contract by 9.5...

29.09.2020

Brent steady as bug spectre sends shivers down markets

Oil prices were largely steady on Monday but on track for their first monthly fall since April as rising coronavirus cases continued to spur concerns about demand.

Brent crude slipped 3 cents to $41.89 a barrel by 1400 GMT. U.S. West Texas Intermediate was at $40.12 a barrel, down 13 cents...

Oil prices were largely steady on Monday but on track for their first monthly fall since April as rising coronavirus cases continued to spur concerns about demand.

Brent crude slipped 3 cents to $41.89 a barrel by 1400 GMT. U.S. West Texas Intermediate was at $40.12 a barrel, down 13 cents...

28.09.2020

Petrochemical projects in Kazakhstan cost $15 billion

Until 2025, Kazakhstan plans to implement a number of oil and gas chemical projects worth billions of dollar. The Ministry of Energy told about the industries in question.

At the moment the total amount of projects is about $15 billion. Plants will appear in the Atyrau, Turkestan, Zhambyl and Aktobe regions.

Atyrau...

Until 2025, Kazakhstan plans to implement a number of oil and gas chemical projects worth billions of dollar. The Ministry of Energy told about the industries in question.

At the moment the total amount of projects is about $15 billion. Plants will appear in the Atyrau, Turkestan, Zhambyl and Aktobe regions.

Atyrau...


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