Caspi Bitum JV LLP was established by KazMunayGas and CITIC Kazakhstan LLP on a parity basis. The plant is the largest producer of road bitumen in Central Asia, built in Aktau in 2010-2013, and has ...

Chevron touted “record production” as well as stock buybacks and announced an increase in its quarterly dividend.

Kazakhstan’s Agency for Protection and Development of Competition has launched an investigation into the Atyrau Oil Refinery over allegations that it has been charging excessively high prices for oil ...

ASTANA – Kazakhstan’s foreign direct investment (FDI) is undergoing a major shift, moving from solely raw material extraction ...

Kazmunaigaz (KMG) awarded Geneva-based trading firm BGN up to 520,000 metric tons of CPC Blend oil per month in a tender for 2025 supply, sources said.

ASTANA – Kazakhstan is working to accelerate the construction of its first nuclear power plant (NPP), aiming to complete the ...

Earlier this month, Kazakhstan's state oil and gas company KazMunayGaz (KMGZ.KZ), opens new tab said Lukoil had invited it to participate in a tender to acquire the refinery. Hungarian oil and gas ...

Sudan's largest oil refinery, the al-Jaili facility, has been set ablaze amid escalating clashes between the Sudanese ...

In Kazakhstan, the joint venture Tengizchevroil ... had warned in early January that lower oil prices and pressure on refining margins would weigh on its numbers. Oil prices measured by the ...

Russia's second-largest oil producer Lukoil plans to raise around $2 B from the sale of its Burgas oil refinery in Bulgaria.

Lukoil has been under pressure to sell the 190,000 barrel-per-day (bpd) plant due to sanctions against Russia over the ...