Kazakhstan Prepares Huge Oil & Gas Lease Tender

OilPrice.com | Sep 14, 2022 at 7:00 AM

Kazakhstan plans to reallocate or sell more than 100 onshore and offshore oil and gas blocks, hoping to find new owners of discovered fields and prospective new discoveries, Upstream reports, citing a government lease auction notice.

Kazakhstan’s Oil Production Slumps By 13%

OilPrice.com | Sep 12, 2022 at 12:30 PM

Crude oil production in Kazakhstan, which is part of the OPEC+ output deal, plunged by 13% in August from July due to regular maintenance at one giant field and an unplanned halt at another huge oilfield, Reuters reported on Monday, quoting two sources with knowledge of daily production data.

Sibur can launch Amur Gas Chemical Plant in 2025-2026, CEO says

TASS Russian News Agency | Sep 6, 2022 at 6:32 AM

Sibur plans to launch the Amur Gas Chemical Plant (GCP) in 2025-2026 and will change processing technologies due to sanctions, CEO of the Russian petrochemical major Mikhail Karisalov said at the Eastern Economic Forum.