"The document was signed following negotiations between the ministry and the company. According to the agreement, TCO will supply 240,000 tonnes of liquefied petroleum gas to the country's domestic ...

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 ...

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

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

Photo: iStock Azerbaijan, Kazakhstan, and Uzbekistan have signed an agreement on cooperation in the development and ...

A new US Department of Energy survey reveals that four Caspian Basin states collectively account for 3% of global energy ...

World oil output without the US increased by 692 kb/d to 68,304 kb/d. November’s production is expected to increase by 238 kb ...

Kazakhstan exceeded its OPEC+ quota by 32k b/d in January, according to Platts data. • Platts data shows that Kazakhstan produced 1.5m b/d in January 2025, above its OPEC+ quota of 1.468m b/d.  • This ...

In 2017, Kazakhstan began exporting gas to China under a contract providing for deliveries of up to 10 billion cubic meters per year. According to Kazakh authorities, from 2017 to 2021, gas exports to ...

Crude oil production by the 22-member group remained steady in January at 40.63 million barrels per day. Output by the 18 members with quotas grew by 110,000 b/d, putting them 66,000 b/d over their ...

Chevron Corporation CVX is speeding up expansion at the Tengiz oilfield in Kazakhstan to raise its output to around 1% of global crude supply. With this ramp-up process, Chevron is likely to complete ...