Kazakhstan

“Kazakhstan does not expect a decline in oil production following a possible suspension by Russia of Kazakh oil transit via the Druzhba pipeline”, said Energy Minister Yerlan Akkenzhenov. “No, a reduction in production is not envisaged. We have the ability to redistribute this volume through other routes,” Akkenzhenov told journalists …

Uzbekneftegaz signed a contract with China’s CNPC XIBU Drilling Engineering Company Limited for drilling 30 exploration wells. This was reported by the company’s press service. Work under the contract will be carried out from 2026 to 2028 on newly identified prospective subsoil blocks in the Ustyurt region. The planned well …

Kazakhstan increased oil and gas condensate production in March 2026 following the restoration of output at the giant Tengiz field.This was reported on April 1, 2026, by Reuters, citing a source familiar with Kazakhstan’s industry statistics. Contribution of Tengiz According to the report: oil and gas condensate production in Kazakhstan …

Oil production at the Tengiz field in Kazakhstan has still not reached full capacity after being suspended in January due to power supply issues, the press service of Tengizchevroil (TCO) told Interfax-Kazakhstan. “TCO is gradually increasing production volumes as conditions allow,” the company said in response to a question about …

The Ministry of Energy of the Republic of Kazakhstan has signed a contract with Shell Kazakhstan for geological exploration works at the Zhanaturmys subsoil area in the Aktobe region.This was reported by the ministry’s press service. The contract предусматривает the implementation of a комплекс of preparatory and research activities, including …

In 2026, Kazakhstan plans to include 25 new prospective subsoil areas in the state subsoil management programme and thereby increase the country’s natural gas resource potential.This was reported by the press service of the Ministry of Energy of the Republic of Kazakhstan. The Ministry of Energy of the Republic of …

Oil production in the Republic of Kazakhstan rose by 2% from the April average, reaching 1.86 million barrels per day (bpd) between May 1 and May 19, according to Reuters. The Tengiz field alone contributed 932,000 bpd to this total. In April, Kazakhstan reduced its oil output by 3% month-on-month, …

An earthquake with a magnitude of 4.2 was recorded in the Atyrau Region in the western part of the Republic of Kazakhstan at 11:44 local time, according to the United States Geological Survey (USGS). According to the USGS, the epicenter of the earthquake was located 32 kilometers southwest of the …

The US Treasury Department has issued an indefinite license to provide oil services to the Caspian Pipeline Consortium (CPC) and Tengizchevroil, lifting previously imposed restrictions under sanctions against Russia. According to the published document, all transactions related to these projects are now permitted. Previously, there was a temporary permit that …

The Republic of Kazakhstan intends to prioritize its national interests over its commitments to the Organization of the Petroleum Exporting Countries Plus (OPEC+) when determining its oil production quotas. This was stated in an interview with Reuters by the newly appointed Minister of Energy of the Republic of Kazakhstan, Yerlan …