Kazakhstan’s revenue from oil exports increased by 50% in 2022
Kazakhstan’s 2022 revenue from oil exports increased by 50%, thanks to the explosion in the price of crude oil, even…
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Kazahstan
New energy opportunities in the development of economic relations with the Caspian states through the Port of Constanța
The collaboration of the Black Sea and Caspian Sea ports can contribute to the development of an efficient and sustainable…
Kazakhstan will start selling oil via Azerbaijan to bypass Russia
Kazakhstan plans to sell some of its oil via Azerbaijan’s largest oil pipeline starting in September as an alternative to…
OMV Petrom has completed the sale of Kazakhstan assets
OMV Petrom, the largest energy company in Southeastern Europe, announces the closing of the sale transaction for its 100% shareholding…
Kazakhstan launches an IPO for KazMunayGaz in 2022
Kazakhstan plans to conduct an initial public offering at national oil company KazMunayGaz in 2022, Kazakhstan’s sovereign wealth fund director…
OMV Petrom has started the process of selling its assets in Kazakhstan
OMV Petrom has started the process of selling its oil and gas fields in Kazakhstan, its only overseas assets, according…
Kazakhstan to divert some oil flows from Europe to China
Kazakhstan plans to increase oil exports to China to 6-7 million tonnes a year from just 1 million tonnes at…
Russia halts transit of Kazakh LPG and coal to Ukraine
Kazakhstan’s state railway company has suspended liquefied petroleum gas (LPG) and coal shipments to Ukraine after transit nation Russia banned…
Romania has imported oil worth USD 4 billion in 2018, 70% of the refining needs
Romania’s oil imports were 59.4 million barrels, or 71% of the consumption needs of the three refineries Petromidia, Petrobrazi and…
Petrom’s investments increased by 56% in 2018
OMV Petrom SA’s investments amounted to 5,495 million lei in 2018, up 56% from those in 2017. Investments in the…
Kazakh KMG sees sale of stake in KMGI to CEFC by end-June
KazMunaiGas’s deal to sell 51 percent of its Romanian business KMGI to China’s CEFC is still going ahead but has…
Romania approves China Energy bouyout of Rompetrol
KMG International Group (KMGI) announces the recent decisions of the Romanian authorities approving the transaction signed at the end of…
Transaction between CEFC and KazMunayGas entered the final stage, according to the majority shareholder of Petromidia
The negotiations between the National Company for the oil and gas sector of the Republic of Kazakhstan KazMunayGas KMG (CN)…
