Oil and Gas Sector

20.03.2019

Kazakhstan intends to fulfil plan to reduce oil production

Energy Minister Kanat Bozumbayev took part in the meeting of the OPEC + joint ministerial monitoring committee held in Baku on March 17-18. Kazakhstan assured the meeting participants of their intention to fulfil the plan to reduce production in the first six months of 2019," a press service of the...

Energy Minister Kanat Bozumbayev took part in the meeting of the OPEC + joint ministerial monitoring committee held in Baku on March 17-18. Kazakhstan assured the meeting participants of their intention to fulfil the plan to reduce production in the first six months of 2019," a press service of the...

20.03.2019

Atyrau Refinery to build new sewage treatment plant

The Atyrau Refinery will build new treatment plants, the press service of the enterprise reported. “This year we are launching the TAZALYQ project, that is, we will build new sewage treatment plants. It must be admitted that the existing cleaning system is obsolete and technically worn out. We studied the...

The Atyrau Refinery will build new treatment plants, the press service of the enterprise reported. “This year we are launching the TAZALYQ project, that is, we will build new sewage treatment plants. It must be admitted that the existing cleaning system is obsolete and technically worn out. We studied the...

20.03.2019

Urals slides back into discount pending new supply outlook

Kazakhstan’s benchmark Urals crude’s differentials in northwest Europe softened on Tuesday in a deal, while demand for April-loading cargoes was still strong, traders said.

They expect Urals crude provisional loading plan for April 1-10 to emerge on Wednesday.

In the Platts window, Trafigura sold to BP 100,000 tonnes of Urals loading from...

Kazakhstan’s benchmark Urals crude’s differentials in northwest Europe softened on Tuesday in a deal, while demand for April-loading cargoes was still strong, traders said.

They expect Urals crude provisional loading plan for April 1-10 to emerge on Wednesday.

In the Platts window, Trafigura sold to BP 100,000 tonnes of Urals loading from...

20.03.2019

Crude benchmark prices peak on OPEC consistency, sanctions failure

Oil prices were little changed after hitting 2019 highs on Tuesday, maintaining recent strength on the back of expectations for OPEC to continue production cuts.

U.S. oil prices have climbed 9 percent in the last six weeks, as the supply cuts are now expected to continue through the rest of 2019....

Oil prices were little changed after hitting 2019 highs on Tuesday, maintaining recent strength on the back of expectations for OPEC to continue production cuts.

U.S. oil prices have climbed 9 percent in the last six weeks, as the supply cuts are now expected to continue through the rest of 2019....

20.03.2019

North Sea regional gas prices pick up on supply woes, strikes pending

British wholesale gas prices picked up from 18-month lows on Tuesday, as an unplanned outage reduced supplies slightly from Norway and buyers braced for a potential impact of labour strikes due at some platforms.

The within-day gas price rose 0.75 pence to 38.75 p/therm by 0850 GMT.

The day-ahead price had yet...

British wholesale gas prices picked up from 18-month lows on Tuesday, as an unplanned outage reduced supplies slightly from Norway and buyers braced for a potential impact of labour strikes due at some platforms.

The within-day gas price rose 0.75 pence to 38.75 p/therm by 0850 GMT.

The day-ahead price had yet...


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