ASTANA – Kazakhstan is preparing to revise its production sharing agreements (PSAs) with major foreign oil companies, ...

CVX ramps up the $48 billion Tengiz oilfield expansion in Kazakhstan, marking a significant milestone by enhancing production ...

Chevron said in January it had begun a $48 billion expansion of Tengiz, which is one of the world's deepest and most complex fields due to high sulphur levels and harsh weather conditions. Clay Neff, ...

Azerbaijan’s proved oil reserves totaled seven billion barrels, Turkmenistan’s 600 million, and Uzbekistan’s 594 million. In ...

The speedy expansion of the field will likely complicate efforts to restrain Kazakhstan's overall oil output in line with the quotas agreed by the OPEC+ group of leading producers. The Central ...

Kazakhstan's energy ministry announced plans to meet its OPEC+ obligations in 2025 and 2026, despite increased oil production ...

Aframax and suezmax demand is likely to pivot more towards Turkey as Kazakhstan changes its crude export routing. Shipbroker ...

ASTANA. Feb 13 (Interfax) - The expansion project at the Tengiz oil field may reach full capacity by mid-2025, the general director of Tengizchevroil LLP (the field's operator) Kevin Lyon told ...

Chevron reportedly is accelerating its $48B expansion of Kazakhstan's Tengiz oilfield, raising its production to ~1% of ...