PETROLEUM. Analytical journal. New projects, fields’ development, production, processing and transportation of oil and gas, presentation of the companies, statistics on the production of hydrocarbons, monitoring of investment legislation.

Oil Chronicles

Oil Chronicles

October 9, near the city of Nur-Sultan, a solemn ceremony of welding the so-called Golden weldof the Saryarka gas pipeline took place, which officially completed the construction of the infrastructure of the pipeline.

Will IPO of NC KMG be a Success?

National Company KazMunayGas (NC KMG) is expected to launch an IPO in 2020. Will this IPO be a success? To answer this question, we first need to agree on how to define success. In doing so it is important to take time and consider a broader range of issues beyond the financial metrics of the shares placement. 

Kazakhstan's Role on the Global Oil Market

The Republic of Kazakhstan plays a vital role in the world oil market. Having a significant hydrocarbon resource, Kazakhstan is one of the 20 largest oil-producing countries. 

KPO Reports 2019 Аirst Half-Year Performance Results

Karachaganak Petroleum Operating B.V. (KPO) has announced 2019 first half-year operational performance results.

Head of the Association of Oil Service Companies,Rashid Zhaksylykov: «We are Looking Forward to the Development of the Kalamkas-Sea»

Development of the offshore field Kalamkas-sea can begin soon in Kazakhstan. The project, cost of which is estimated at $7 bln, based on the complexity and level of investment is comparable to the giant Kashagan. And it is possible to speed up its implementation using the already accumulated experience on the shelf. Chairman of the Presidium of Association of Oil Service Companies of Kazakhstan, Rashid ZHAKSYLYKOV, talked about the prospects for the most long-awaited projects in the country’s oil and gas sector and the development of the domestic oilfield service companies in an interview with Interfax-Kazakhstan.

Olivier Lazare, Shell Kazakhstan: 25 Years of Successful Operation in Country

I assumed my role as Vice President and Country Chair for Shell in Kazakhstan in September last year. I would like to note that I am very familiar with the CIS region, as prior to this appointment I was overseeing Shell’s business in Russia for almost four years.

Magzum Mirzagaliyev, the Energy Ministry: By the End of Year Domestic Market Demand for Oil Products Will be Fully Satisfied

The large-scale reconstruction of three domestic refineries has been completed. Deputy Minister of Energy Magzum Mirzagaliyev told about the role of modernization and prospects for expanding the production capacity of the plants in an interview with Рrimeminister.kz.