Oil and Gas

Oil and Gas · ноябрь 13, 2026

Petrobras to take full ownership of Logum

Petrobras has agreed to buy the remaining 70% of Logum Logística S.A. Once the deal closes, Petrobras will own the entire company.

Oil and Gas · ноябрь 13, 2026

KazTransOil transports more oil

KazTransOil transported 38 million 306 thousand tonnes of oil in the first 10 months of 2026. That was 1 million 323 thousand tonnes more than in the same period last year.

Oil and Gas · ноябрь 13, 2026

Oil accounting adds 3.3 billion tenge to budget

Improved accounting for oil in trunk pipelines resulted in 3.3 billion tenge in tax payments to the state budget. Similar measures are now under way on the Atasu–Alashankou pipeline.

Oil and Gas · ноябрь 13, 2026

KazMunayGas wins SDG Champions Grand Prix

KazMunayGas received the Grand Prix at SDG Champions 2026 for its contribution to the UN Sustainable Development Goals. The company won in the Large Business category.

Economy · ноябрь 12, 2026

Karachaganak gas plant project discussed

A meeting chaired by Kazakhstan’s Deputy Energy Minister, Kaiyrkhan Tutkyshbayev, focused on the planned Karachaganak gas processing plant, with capacity of up to 5 billion cubic metres of gas a year. Participants discussed technical and commercial issues related to the project.

Oil and Gas · ноябрь 11, 2026

KazMunayGas and ExxonMobil discuss cooperation

KazMunayGas Chairman of the Management Board Askhat Khassenov met ExxonMobil Senior Vice President Peter Larden in Washington. They discussed joint projects and prospects for cooperation.

Economy · ноябрь 11, 2026

Batumi port cargo handling rises 13%

Batumi Sea Port handled 6 million 900 thousand tonnes of cargo in January–October 2026, up 13% from the same period in 2025.

Oil and Gas · ноябрь 11, 2026

IRH signs 20-year LNG deal

IRH, Delfin LNG and Vitol have signed a 20-year agreement for the purchase and sale of 1 million tonnes of LNG a year from Delfin’s U.S. export facility. Definitive agreements are expected in the coming weeks.

Economy · ноябрь 11, 2026

MangistauMunayGas digitizes transport management

MangistauMunayGas has put a digital transport management system into operation. It has processed 1,229 requests and connected 97 users.

Oil and Gas · ноябрь 11, 2026

TotalEnergies to Sell 40% of OPL257

TotalEnergies has signed an agreement to sell South Atlantic Petroleum Limited a 40% participating interest in Nigeria’s offshore OPL257 block. Completion is subject to customary conditions, including regulatory approvals.

Oil and Gas · ноябрь 11, 2026

KazMunayGas and KBR discuss SAF project

KazMunayGas chairman Askhat Khasenov and KBR senior vice-president Hari Ravindran discussed plans for Kazakhstan’s first sustainable aviation fuel plant. The facility is designed to produce 57,000 tonnes of SAF a year.

Oil and Gas · ноябрь 11, 2026

TotalEnergies enters 26 U.S. offshore blocks

TotalEnergies has announced it will acquire a 25% interest in 26 Chevron-operated exploration leases offshore the United States. Chevron will also acquire a 75% operated interest in two adjacent leases from TotalEnergies.

Oil and Gas · ноябрь 11, 2026

MunaiTas oil exports up 29%

A total of 5.526 million tonnes of oil moved through the Kenkiyak–Atyrau trunk pipeline system in the first 10 months of 2026. Exports reached 847,000 tonnes, up 29% from the same period in 2025.

Oil and Gas · ноябрь 11, 2026

KazMunayGas and Chevron discuss cooperation

KazMunayGas Chairman Askhat Khasenov met Chevron President of Upstream Clay Neff in Washington. They discussed the development of Tengiz, exploration cooperation and hydrocarbon transportation.

Oil and Gas · ноябрь 11, 2026

Vitol pushes back oil demand peak

Vitol has moved its forecast for peak oil demand to the mid-2030s. The company says global demand could reach around 112 million barrels per day at its height.

Oil and Gas · ноябрь 11, 2026

U.S. gas stocks forecast rises

The U.S. Energy Information Administration (EIA) expects natural gas stocks at the end of November to exceed its October forecast by almost 70 billion cubic feet. It forecasts an average Henry Hub spot price of $2.87 per million British thermal units from November through March.

Oil and Gas · ноябрь 10, 2026

3D seismic survey underway at Zhylyoy

Zhylyoi Operating is conducting a 3D seismic survey at the Zhylyoy exploration site in Atyrau Region. The project is a partnership between KazMunayGas and China’s CNOOC.

Oil and Gas · ноябрь 10, 2026

EemsGas starts green gas plant design

EemsGas has started engineering design for a green gas plant in Delfzijl, the Netherlands. The facility is planned to produce around 18 million cubic metres of gas annually from waste wood.

Oil and Gas · ноябрь 10, 2026

AFPM urges swift action on permitting reform

The American Fuel & Petrochemical Manufacturers has urged Congress to pass federal permitting reform legislation. The group says the bill could spur investment and jobs while making fuels and petrochemicals more affordable.