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How Can We Activate Geological Exploration?

#2 (134), April 2022 special issueHow Can We Activate Geological Exploration?

According to the estimates of the reputable consulting company IHS Markit, presented in the National Energy Report of 2021, as of the end of 2020, the residual proven and prospective (2P) oil reserves in Kazakhstan amounted to 26.5 bln barrels (about 3.44 bln tons). At the same time, their volume did not change significantly compared to the estimate for 2019 since no large fields were discovered during this period.

The role of gas in the energy balance. Current state and prospects of Kazakhstan's gas industry

#5 (131), October 2021 The role of gas in the energy balance. Current state and prospects of Kazakhstan's gas industry

In September 2021, gas prices in Europe soared to a historic high, showing everyone how much this type of fuel is in demand by consumers in Europe today. 

National Energy Report of Kazakhstan-2021

#5 (131), October 2021 National Energy Report of Kazakhstan-2021

During the XIV Eurasian KAZENERGY Forum in Nur-Sultan, the 5th National Energy Report (NER) was presented – a comprehensive document on the current state and prospects for the development of Kazakhstan's energy industry.

New Ministers of Energy and Ecology, New Mayor in Mangystau

#4 (130), September 2021 New Ministers of Energy and Ecology, New Mayor in Mangystau

The autumn political season in Kazakhstan has started with personnel changes in the Government and at the local level. In early September, the country replaced the Ministers of energy and ecology and the mayor of one of the main oil-producing regions – the Mangystau region.

Kazakhstan and Russia in the context of Energy 4.0

#4 (130), September 2021 Kazakhstan and Russia in the context of Energy 4.0

Mikhail Smirnov, Doctor of Political Sciences, Chairman of the Russian-Kazakh Business Council (on the part of the Russian Federation), President of the EnergoInnovatsia Association of Innovative Enterprises in the Energy Sector, answers the questions of Petroleum

Centre for the Development of Kazakhstani Content in Projects

#4 (130), September 2021 Centre for the Development of Kazakhstani Content in Projects

In 2021, it is planned to launch an International Centre for the Development of Oil and Gas Engineering and Service in Kazakhstan. Vice-Minister of Energy of the Republic of Kazakhstan Zhumabay Karagayev told about how the centre will work and its tasks. 

Shell in Kazakhstan: a Strategy for Success

#3 (129), June 2021 Shell in Kazakhstan: a Strategy for Success

Exclusive interview of Shell Kazakhstan Country Chair, Mr Olivier Lazare, who will leave his position soon, for Petroleum Journal.

About relations with investors, the future of Kashagan, the dispute with KPO, and nationalization

#6 (126), December 2020 About relations with investors, the future of Kashagan, the dispute with KPO, and nationalization

Beket Izbastin, General Director of PSA LLP, the authorized body in production sharing agreements, answers questions from Petroleum 

Lessons from the pandemic for Karachaganak

#6 (126), December 2020 Lessons from the pandemic for Karachaganak

Edwin Blom, General Director of Karachaganak Petroleum Operating B.V. (KPO), in an exclusive interview with Oleg Chervinskiy, publisher of Petroleum Journal, tells about the company's work in the context of the pandemic, the progress of implementation of investment projects, and prospects for the development of the Karachaganak field.

Сoronaminus of KazMunayGas

#5 (125), October 2020 Сoronaminus of KazMunayGas

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.

How the Crisis Has Hit the Oilfield Services

#5 (125), October 2020 How the Crisis Has Hit the Oilfield Services

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.

Minister Magzum Mirzagaliyev: «Kazakhstan aims to attract major investors in geological exploration.»

#4 (124), September 2020 Minister Magzum Mirzagaliyev: «Kazakhstan aims to attract major investors in geological exploration.»

A year ago geological industry management underwent serious changes in Kazakhstan. A new state body - the Ministry of Environment, Geology and Natural Resources - was created, and the issue of the development of geology received higher status.

Oil and gas after COVID-19: The day of reckoning or a new age of opportunity?

#4 (124), September 2020 Oil and gas after COVID-19: The day of reckoning or a new age of opportunity?

The oil and gas industry is experiencing its third price collapse in 12 years. After the first two shocks, the industry rebounded, and business as usual continued.

Yaromir Rabay: «New opportunities are opening up for Kazakhstan»

#4 (124), September 2020 Yaromir Rabay: «New opportunities are opening up for Kazakhstan»

Yaromir Rabay, Executive Director of KAZENERGY Association, answers Petroleum's questions

An unsettling oil spring

#3 (123), June 2020 An unsettling oil spring

The spring of 2020 for the global oil and gas industry has become truly dramatic, on par with, perhaps, the energy crisis of 1973.

Oil Industry of the Atyrau Region

#3 (123), June 2020 Oil Industry of the Atyrau Region

At the year-end 2019 Kazakhstan produced a record amount of oil and gas condensate – 90.5 mln tons, and almost half of this volume was produced in the Atyrau region.