Press releases
More than 2 thousand industry specialists visited the atyrau Oil&Gas and Atyraubuild Exhibitions
For more than 20 years of its existence, Atyrau Oil&Gas exhibition has become the central meeting place for oil and gas industry specialists, providing a key platform for communication between representatives of government officials and leading market players. Traditionally, new ways for partnership projects in the areas of oil and gas exploration and production, industrial equipment production and infrastructure development were presented at the site.
TCO Allocates 2 Billion Tenge For Flood Response
Atyrau, Kazakhstan – April 6, 2024 – Tengizchevroil LLP (TCO) stands united with the residents of Atyrau oblast and the people of Kazakhstan during this challenging time. Given the major impact on people's lives, Tengizchevroil will be allocating 2 billion Tenge for further immediate response support as well as for recovery measures once the flood subsides. This contribution is a meaningful step to help communities deal with the immediate effects of the flooding and eventually help restore the lives of those who are impacted.
RGU signs MOU with KBTU to launch joint degree
RGU has strengthened its existing partnership with the Kazakh-British Technical University (KBTU) having signed a Memorandum of Understanding (MOU) to create a joint degree programme. The two institutions already have a successful history of research collaboration, and this new partnership will extend this further, focussing on KBTU students joining RGU’s School of Engineering.
Tengizchevroil Announces 2023 Business Performance Results
Atyrau, Kazakhstan – February 23, 2024 – Tengizchevroil LLP (TCO) today, announced its business performance results for 2023, with crude oil production at 28.9 million metric tonnes (230.6 million barrels), while total air emissions intensity was reduced to the lowest rate since 2000. During last year, all of TCO’s dry gas sales were provided to the Kazakhstan domestic market and the company remained a consistent supplier of liquified petroleum gas to local residents and industry.
Tengizchevroil Fact Sheet. Year-end 2023
History and Ownership
- Tengiz, the world’s deepest producing super giant oil field, was discovered in 1979.
- The Tengizchevroil (TCO) partnership was formed on April 6, 1993, between the Republic of Kazakhstan and Chevron.
- Current partners are Chevron, 50 percent; KazMunayGas, 20 percent; ExxonMobil Kazakhstan Ventures Inc., 25 percent; Lukoil, 5 percent.
On the results of the General Meeting of members of the KAZENERGY Association
Astana, 31.01.2024
On January 31, 2024, a general meeting of members of the Kazakhstan Association of Oil, Gas, and Energy Complex Organizations, 'KAZENERGY,' took place in Astana. The meeting covered the presentation of KAZENERGY's achievements in 2023, the unveiling of the 2024 work plan, and discussions on the primary objectives, key areas of activity, and prospects for the Association's ongoing development.
Executive Retreat for industry representatives, market participants and regulators KAZAKHSTAN REFINING, CRUDE AND PRODUCT EXPORTS CHALLENGES
On 15-16 February Almaty will host the KAZAKHSTAN REFINING, CRUDE AND PRODUCT EXPORTS CHALLENGES Executive Retreat and Round table. Representatives of Kazakhstan’s producing and refining companies, exporters and traders, industry regulators will be able to discuss the issues and challenges facing the industry and exporters in an informal networking environment.
KBTU continues to strengthen international cooperation in the field of education
On December 1, the President of China University of Petroleum-Beijing Wu Xiaolin, together with representatives of the University of China, visited the Kazakh-British Technical University (KBTU) for the first time during their visit to Kazakhstan. The meeting was held under the auspices of 30 years of cooperation between CNPC and Kazakhstan. The heads of the two universities discussed new prospects for cooperation in the field of science and education.
Petrosun has supplied more than 362 thousand tons of liquefied petroleum gas
One of the priority tasks in Petrosun’s activity is to support and implement state programs, and to maintain the stability of the oil products domestic market. The entire volume of LPG produced for Petrosun in 2022 and for 11 months of 2023 was supplied to the domestic market. The total volume was approximately 748,036 tons.
The Annual Caspian Technical Conference celebrates its 10th edition in Baku, Azerbaijan
Baku, Azerbaijan – 22 November 2023 – The 10th edition of the prestigious SPE Annual Caspian Technical Conference opened its doors yesterday at the JW Marriott Absheron in Baku, Azerbaijan. Running from November 21 to 23, the conference and exhibition gathered over 500 industry experts from 87 organisations and 24 countries to share insights on enhancing efficiency, cost reduction, environmental performance improvement, and potential skills shortages.
The Academy for Women Entrepreneurs sets trends in business
Young women entrepreneurs from Kazakhstan received grants to develop their own businesses. The women were trained at the Academy for Women Entrepreneurs (AWE) and successfully presented their projects.
Honoring graduates and awarding million-tenge grants took place in Almaty as part of the closing ceremony of the program (AWE). The international educational project is being implemented by the U.S. Department of State in partnership with Chevron company.
Petrosun Has Supplied Preferential Diesel Fuel for Farmers for More Than 60%
During the period of harvesting campaign in the Republic of Kazakhstan from July to October 2023, Petrosun ensured diesel fuel shipment of at a reduced cost in the volume of 186,368 tons. This is more than 60% of 291,339 tons planned for delivery as part of the state program to ensure autumn field works.
Global industry speakers of the SPE Annual Caspian Technical Conference in Baku, Azerbaijan announced
London, UK – 8 November 2023 – SPE's leading technical event in the Caspian region marks its 10th anniversary this year. Taking place in Baku, Azerbaijan from 21 to 23 of November, the event will bring together global industry leaders and technical experts to share their vision on the industry, as well as address the unique challenges and opportunities it poses.
Tengizchevroil Fact Sheet. 3Q 2023
History and Ownership
Tengiz, the world’s deepest producing super giant oil field, was discovered in 1979.
The Tengizchevroil (TCO) partnership was formed on April 6, 1993, between the Republic of Kazakhstan and Chevron.
Current partners are Chevron, 50 percent; KazMunayGas, 20 percent; ExxonMobil Kazakhstan Ventures Inc., 25 percent; Lukoil, 5 percent.
The U.S. Diplomatic Mission to Kazakhstan and Chevron announce extension of the MoU on “Makerspace Expands!” program
Almaty, Kazakhstan – October 23, 2023 – U.S. Ambassador to Kazakhstan Daniel Rosenblum and Chevron Eurasia Business Unit Managing Director Derek Magness signed an agreement today to extend a Memorandum of Understanding (MOU) between the U.S. Diplomatic Mission to Kazakhstan and Chevron on the “Makerspace Expands!” program.
Makerspace Expands!
On October 23, 2023 at 11:30 a.m. in Almaty, the U.S. Ambassador to Kazakhstan Daniel Rosenblum and Managing Director for Chevron’s Eurasian Business Unit Derek Magness will participate in a ceremony of signing a Memorandum of Understanding (MOU) extension between the U.S. Diplomatic Mission to Kazakhstan and Chevron on the “Makerspace Expands!” program.