The coronavirus pandemic has dealt a severe blow to the global oil and gas industry. Decreased demand for energy resources due to the worldwide economy's lockdown, reduced mobility of the population, and the air transport sector’s stagnation caused the collapse of world oil prices. The collapse was supplemented by a decrease in oil and gas exports.
The global economic crisis caused by the Covid-19 pandemic has hit not only the oil and gas exploration and production industry but also related businesses, primarily oilfield services.
Expert Insights into the Petroleum Resources Management System of the Society of Petroleum Engineers
Interview with Dan DiLuzio, Global Reserves, Chevron, Society of Petroleum Engineers
A Quarter of a Century of SPE in Kazakhstan: a Chronicle of Development, Achievements and International Recognition
As it is known, the first oil of Kazakhstan was obtained in November 1899 at the Karashungul field in the Guryev region.
Answers to the questions of the Petroleum Olivier Lazare – Shell Kazakhstan Country Chair
The COVID-19 pandemic impacted global demand for energy products, combined with other factors that have further affected the balance of supply and demand, and hit the whole industry.
The Company is committed to a global transformation of its business model
The first half of 2020 presented challenges unlike any the global oil and gas industry has encountered.
Geologist. The profession is not only romantic but also incredibly responsible. After all, representatives of this profession are assigned a strategic task to find deep underground oil and gas reserves, which will be extracted and processed by a team of oil and gas workers.
"The Western regions of Kazakhstan should become a center of attraction for investment in petrochemical complexes' construction, creating new deep processing production cycles.
By the end of the year, Kazakhstan will conduct the first electronic auction for granting the right to subsoil use.
In the context of reforming the national health system, employee health protection at enterprises is becoming increasingly relevant.
This article examines the key problems domestic gas market in Kazakhstan faces right now and analyses, among other issues, current and future gas market designs as well as third-party access (TPA), unbundling, gas pricing and pipeline tariff setting regulation.
A conference for oil and gas sector specialists, dedicated to discussing the further development of the oil and gas industry, the selected development strategies and the attractiveness of the green economy as the most favorable vector for moving the industry forward, was held for the first time in an online format, under the auspices of the KIOGE 2020 exhibition and conference, from September 30 to October 1.