Latest forecasts of recognized international research institutions report about the inevitability of maintaining the leading role of oil and gas among consumed energy resources on the planet, at least until 2050.
The development trends in the world energy show us that we live in an era of significant changes happening in the global energy.
September 1,Olivier Lazare took over as Country Chair of Shell Kazakhstan. The responsibilities of Mr. Lazare include the overall management of the company in Kazakhstan.
September 5, in Aktobe ceremonial event was held dedicated to the 20th anniversary of cooperation of the Republic of Kazakhstan and the People's Republic of China in the oil and gas industry.
September 7-8, XI KAZENERGY EURASIAN FORUM
”Securing the future of energy” was held in Astana. Among the key speakers of the Forum were Prime Minister Bakytzhan Sagintayev, Energy Minister Kanat Bozumbayev, Minister of Energy of U.A.E.
September 19,the Government, in the course of the meeting, under the chairmanship of Prime Minister Bakytzhan Sagintayev, considered the main conceptual directions of the developed draft Code on Subsoil and Subsoil Use.
Developing energy requires a big toolbox. It relies on detailed geological surveys to find the oil and gas, high-perfomance drilling platforms to access the reservoirs and, finally, the ability to transport the crude on natural gas responsibly.
At all stages of oil related activities, ranging from oil exploration and production to waste treatment, the formation of oil and oil products spills occurs.
New technological developments have consistently pushed oil and gas operators into new frontiers — deeper waters, more remote reservoirs and unconventional plays — that were once out of reach. While advances have spanned the value chain, horizontal drilling and hydraulic fracturing unlocking shale resources played a major role in creating the oversupply responsible for the market shift and resulting in low crude prices.
Closing of a deal is expected in the near future between the National Company KazMunayGas and the Chinese CEFC on acquisition by the last mentioned of 51% stake in the KMGI Group, which owns and carries out refining, trading and sales of petroleum products through the own network of petrol stations Rompetrol in Romania, Bulgaria, Moldova, Georgia, as well as through its partners in the Black Sea region.
The journalist and editor-in-chief of the Petroleum Journal Oleg Chervinskiy presented his book The Black Blood of Kazakhstan: Oil History of Independence on October 4th in Almaty during the KIOGE-2017 exhibition.
The 25th Anniversary International Oil and Gas Exhibition and Conference - KIOGE 2017 was held on October 4-5 in Almaty, Kazakhstan. More than 250 companies from 25 countries participated in this significant event.