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Kazakhstan's Energy Minister: Plans to increase domestic refining capacity to twice its current level

Kazakhstan's Energy Minister: Plans to increase domestic refining capacity to twice its current level

Oil Price
09-03-2024

Azerbaijan Oil Prices Decreases
The price of Azeri LT CIF Augusta decreased by $0.95 amounting to $86.32 per barrel on March 9, Azernews reports.It should be noted that in 2022, the average selling price of one barrel of "Azeri Light" (CIF) brand oil was 103.58 US dollars. Las
Oil&Gas Drilling
09-03-2024

US Drillers Cut Oil and Gas Rigs for First Time in Three Weeks - Baker Hughes
Dust blows around a crude oil pump jack and flare burning excess gas at a drill pad in the Permian Basin in Loving County, Texas, U.S. November 25, 2019. REUTERS/Angus Mordant/File Photo Purchase Licensing RightsU.S. energy firms this week cut the number
LNG
09-03-2024

Major European Energy Companies Ask US Regulators to Deny Venture Global LNG's Permit Extension
A Shell logo is pictured during the European Business Aviation Convention & Exhibition (EBACE) in Geneva, Switzerland, May 23, 2022. REUTERS/Denis Balibouse/File Photo Purchase Licensing RightsTop European energy companies on Friday asked U.S. regulat
Oil&Gas Drilling
09-03-2024

Texas Challenges US EPA Limits on Oil and Gas Industry Methane Emissions
A smoke stack at the Valero refinery by the Houston Ship Channel is seen in Houston, Texas, U.S., May 5, 2019. REUTERS/Loren Elliott/File Photo Purchase Licensing RightsTexas sued the U.S. government over Environmental Protection Agency rules published on
Oil & Gas Trade
09-03-2024

Petrobras Shares Plunge on Axed Dividend as Brazil Pushes More Investment
A logo of Brazil's state-run Petrobras oil company is seen at their headquarters in Rio de Janeiro, Brazil October 16, 2019. REUTERS/Sergio Moraes/File Photo Purchase Licensing RightsBrazil's government will push state-run oil company Petr
Oil & Gas Trade
08-03-2024

Pakistani Consortium of Fertilizer Companies to Invest $300 Million for Sustainable Gas Supply
The Sui Southern Gas Company office. — The News fileKARACHI: A consortium of Pakistan’s three major fertilizer manufacturers is investing $300 million to enhance gas pressure and ensure its sustainable supply to their plants, a senior official o
Oil & Gas Trade
08-03-2024

Tanker Liteyny Prospect, Hit by Sanctions, Docks in China to Offload Russian Oil
The Russian tanker Liteyny Prospect, hit by sanctions, has docked at the Chinese port of Huanghua to discharge its 700,000-barrel Russian Sokol crude cargo, two sources familiar with the matter said, clearing part of a backlog of cargoes disrupted by sanc
Oil&Gas Drilling
08-03-2024

China's CNOOC Makes 100 Million Ton Oilfield Discovery in South China Sea
The logo of China National Offshore Oil Corporation (CNOOC) is seen at its booth during the China International Fair for Trade in Services (CIFTIS) in Beijing, China September 1, 2022. REUTERS/Florence Lo/File Photo Purchase Licensing RightsChinese state-
Turkey
08-03-2024

Turkey Signs Energy Cooperation Deal with Somalia
Turkey signed an offshore oil and natural gas cooperation deal with Somalia on Thursday, the Turkish Energy Ministry said, further strengthening bilateral ties after agreeing a defence deal last month.The energy ministry said the deal, which it described
Oil & Gas Supply
08-03-2024

IEA Sees Relatively Well Supplied Oil Market in 2024
A view of the logo of the International Energy Agency in Paris, France, December 15, 2023. REUTERS/Sarah Meyssonnier/File Photo Purchase Licensing RightsThe global oil market is relatively well supplied with demand growth slowing, while supply is increasi
Oil&Gas Drilling
08-03-2024

Argentina State Oil Firm YPF to Invest $3 Bln in Shale in 2024
A view shows YPF Tower, a day after Argentina's runoff presidential election, in Buenos Aires, Argentina November 20, 2023. REUTERS/Agustin Marcarian Purchase Licensing RightsArgentina's national oil company YPF (YPFD.BA), opens new tab on
Oil & Gas Trade
08-03-2024

Germany Extends Rosneft Trusteeship for Third Time as Russian Oil Firm Seeks Buyer
A view shows fuel tanks at a facility of Rosneft energy company outside the town of Neftegorsk in the Samara Region, Russia September 1, 2023. REUTERS/Alexander Manzyuk/File Photo Purchase Licensing RightsGermany extended its trusteeship over Rosneft&
Oil and Gas Equipment
08-03-2024

Totalenergies' Donges Oil Refinery in France Restarting Multiple Units
A view of the TotalEnergies logo as the sun rises, on the day French riot police pushed back energy workers on strike as they gathered in front of the refinery to protest against the French government's pensions reform, in Gonfreville-L’
Oil & Gas Trade
08-03-2024

Hess Says Reviewing Timeline for Closing Chevron's Takeover Deal
A Chevron gas station sign is seen in Austin, Texas, U.S., October 23, 2023. REUTERS/Brian Snyder/File Photo Purchase Licensing RightsU.S. oil producer Hess (HES.N), opens new tab said on Thursday it was reviewing the timeline for closing its takeover dea
Oil Pipeline
08-03-2024

TC Energy's Keystone Oil Pipeline Restarts After Going Offline
The route of the Keystone XL crude oil pipeline lies idle through a farmer's field near Oyen, Alberta, Canada February 1, 2021. REUTERS/Todd Korol/File Photo Purchase Licensing RightsTC Energy's (TRP.TO), opens new tab Keystone oil pipelin
Oil&Gas Drilling
07-03-2024

Chevron Restarts Drilling in Key Venezuela Oil Field
A Petroleos de Venezuela SA (PDVSA) oil pumpjack on Lake Maracaibo in Cabimas, Zulia state, Venezuela, on Wednesday, Nov. 15, 2023. A decision by the US on Oct. 18 to ease sanctions in exchange for greater political freedom in Venezuela, has opened the do
Oil & Gas Trade
07-03-2024

Russian Court Warns Czech net4gas of $122 Mln Fine Over Gazprom Lawsuit
A view shows the Orenburg gas processing plant of Gazprom in the Orenburg Region, Russia Septeember 6, 2022. REUTERS/Alexander Manzyuk/File Photo Purchase Licensing RightsA Russian court said on Wednesday Czech firm Net4Gas (N4G) would have to pay a fine
Oil&Gas Drilling
07-03-2024

Dutch Lawmakers Indicate Support to Permanently Shutter Groningen Gas Wells
A majority in the Dutch parliament said on Wednesday they would back a proposal to permanently seal off gas production wells at the Dutch Groningen field in a vote scheduled for March 12.Gas production at Groningen, once one of Europe's largest ga
Oil & Gas Trade
07-03-2024

UK's Hunt Extends Energy Windfall Tax by One Year to 2029
British Chancellor Jeremy Hunt speaks to members of the media during a visit to a builders warehouse in London, Britain, March 6, 2024. Kirsty Wigglesworth/Pool via REUTERS Purchase Licensing RightsBritish finance minister Jeremy Hunt said on Wednesday he
Oil Pipeline
07-03-2024

Enbridge to Spend $500 Million on Pipeline Network, Raises Profit Targets
Enbridge Inc logo is seen displayed in this illustration taken April 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing RightsNorth American pipeline operator Enbridge (ENB.TO), opens new tab raised its short-term profit growth foreca
Oil Price
07-03-2024

Oil Prices up 1% on Small Build in US Crude Stocks, Fed Rate Cut Remarks
A flare burns excess natural gas in the Permian Basin in Loving County, Texas, U.S. November 23, 2019. REUTERS/Angus Mordant//File Photo Purchase Licensing RightsOil prices edged up about 1% on Wednesday on a smaller-than-expected build in U.S. crude inve
Natural Gas
07-03-2024

Exclusive: Mexico's Pemex, Carlos Slim Team Met to Discuss Deepwater Gas Project, Sources Say
Mexican billionaire Carlos Slim hosts a press conference, in Mexico City, Mexico, February 12, 2024. REUTERS/Henry Romero/ File Photo Purchase Licensing RightsMexican state energy company Pemex and billionaire investor Carlos Slim's team are discu
Oil & Gas Trade
07-03-2024

Exxon Signals Potential Counter Offer for Hess's Guyana Assets
ExxonMobil logo is seen in this illustration taken, October 6, 2023. REUTERS/Dado Ruvic/Illustration//File Photo Purchase Licensing RightsExxon Mobil Corp (XOM.N), opens new tab on Wednesday said it filed a contract arbitration claim related to Hess Corp&
Oil & Gas Trade
07-03-2024

US Democrats Urge Antitrust Regulator to Probe Oil, Gas Mergers
The logo for Occidental Petroleum is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 30, 2019. REUTERS/Brendan McDermid/File Photo Purchase Licensing RightsNearly 50 Democrats in the U.S. Congress on Wedne
Oil & Gas Trade
06-03-2024

Nigeria's Dangote Wants to Set up Trading Arm for Lagos Mega Refinery
Aliko Dangote, Founder and Chief Executive Officer of the Dangote Group, speaks during the commissioning of Dangote Petroleum refinery in Ibeju-Lekki, Lagos, Nigeria, May 22, 2023. REUTERS/Temilade Adelaja/File Photo Purchase Licensing RightsAfrica

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