Oil and Gas Sector

27.07.2021

Kazakhstan National Fund posts higher capital gains than Norwegian Oil Fund

The investment return on the portfolio of shares of the Kazakhstan National Fund in 2020 turned out to be higher than the return on shares owned by the State Pension Fund of Norway. What shares are Norway and Kazakhstan investing in oil money.

Norway's state pension fund, formerly called the Oil...

The investment return on the portfolio of shares of the Kazakhstan National Fund in 2020 turned out to be higher than the return on shares owned by the State Pension Fund of Norway. What shares are Norway and Kazakhstan investing in oil money.

Norway's state pension fund, formerly called the Oil...

27.07.2021

North Caspian Operating Company consortium prepares concept for full-scale development of Kashagan

President of Kazakhstan Kassym-Jomart Tokayev received the executive director of Eni, Claudio Descalzi, the press service of Akorda reported. During the meeting, they discussed plans for the implementation of the largest oil and gas projects Kashagan and Karachaganak.

President Kassym-Jomart Tokayev was informed that, despite the ongoing pandemic, the pace of...

President of Kazakhstan Kassym-Jomart Tokayev received the executive director of Eni, Claudio Descalzi, the press service of Akorda reported. During the meeting, they discussed plans for the implementation of the largest oil and gas projects Kashagan and Karachaganak.

President Kassym-Jomart Tokayev was informed that, despite the ongoing pandemic, the pace of...

27.07.2021

Kazakhstan and Eni develop alternative energy sources

Prime Minister Askar Mamin met with Chief Executive Officer of the energy company Eni Claudio Descalzi.

Eni has been present in Kazakhstan since 1992 and has invested more than $15 billion in the economy of Kazakhstan. The parties discussed issues of increasing and maintaining the level of oil and condensate production...

Prime Minister Askar Mamin met with Chief Executive Officer of the energy company Eni Claudio Descalzi.

Eni has been present in Kazakhstan since 1992 and has invested more than $15 billion in the economy of Kazakhstan. The parties discussed issues of increasing and maintaining the level of oil and condensate production...

27.07.2021

Udmurtneft celebrates 15 years under management of Rosneft and Sinopec

Udmurtneft celebrates 15 years of joint operation under the management of Rosneft and China´s Sinopec. In 2006, Sinopec entered the share capital of Udmurtneft and became the 1st Chinese company to participate in an oil & gas production project in Russia.   

Udmurtneft´s annual production amounts to...

Udmurtneft celebrates 15 years of joint operation under the management of Rosneft and China´s Sinopec. In 2006, Sinopec entered the share capital of Udmurtneft and became the 1st Chinese company to participate in an oil & gas production project in Russia.   

Udmurtneft´s annual production amounts to...

27.07.2021

Brent steady on top of $74/b

Oil prices were steady on Monday as the spread of the COVID-19 Delta variant stoked fears over future fuel demand, though crude supply looks set to be tight through the rest of the year.

Brent crude futures for September were up 4 cents at $74.14 a barrel by 1342 GMT while...

Oil prices were steady on Monday as the spread of the COVID-19 Delta variant stoked fears over future fuel demand, though crude supply looks set to be tight through the rest of the year.

Brent crude futures for September were up 4 cents at $74.14 a barrel by 1342 GMT while...


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