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IACOG is defined as the operator for recording of crude oil and gas condensate in the Republic of Kazakhstan
KazMunaiGas Exploration & Production (“KMG EP” or “Company”) announces that its Board of Directors has resolved to merge its subsidiaries Zhondeu and Kruz into OzenMunaiService. The merger will help improve the management of the subsidiaries.
On June 23 Prime Minister Karim Massimov has held a meeting with Senior Vice President of the Exxon Mobil Corporation Mark Albers.
In Mangistau region of Kazakhstan temporary price regulation is being introduced on market of liquefied natural gas for 180 days
Repair work at Kashagan is carried out ahead of schedule in order to start oil production at the field in October 2016
Complex Drilling Works Trust of the State Oil Company of Azerbaijan started drilling
President BP announced that together with the Egyptian Natural Gas Holding Company (EGAS), it has sanctioned development of the Atoll Phase One project
The Substantial rebalancing of oil market will support the prices through 2017, according to the analysts of the US JP Morgan bank.
Russia's energy company Rosneft will extract gas offshore in Venezuela and build a liquefied natural gas (LNG) plant in the country
Preliminary production figures for May 2016 show an average daily production of about 1 944 000 barrels of oil
