Chevron expects Kazakhstan’s Tengiz oil field, one of the largest of its kind in the world, to produce 1 million barrels of oil equivalent per day.
Chevron-led giant Kazakhstan oilfield produces first oil from $48B expansion
Chevron (NYSE:CVX) said Friday it achieved first oil from newly built production and processing facilities at Kazakhstan’s huge Tengiz oil field, completing a $48B expansion that will bring its production to ~1% of global crude supply.
Kazakhstan Denies Leaked Transcript Came From Downed Azerbaijani Plane’s Flight Recorder
The Azerbaijani passenger jet crashed in western Kazakhstan on Dec. 25, killing 38 of the 67 people onboard. The flight had been diverted from its scheduled landing in the southern Russian city of Grozny. Moscow has acknowledged that its air defenses were …
QazaqGaz, ADNOC eye joint gas exploration in Turkmenistan
ASTANA, Kazakhstan, January 24. QazaqGaz, Kazakhstan’s national gas company, is in discussions with the Abu Dhabi National Oil Company (ADNOC) to collaborate on geological exploration and gas field …
Chevron to Increase Output at Huge Oil Field in Kazakhstan
The energy giant is spending nearly $50 billion to expand the Tengiz oil field, allowing it to pump one million barrels a day.
Will 2025 be a difficult year for Kazakhstanis? Expert explains his forecast
Tengrinews.kz – Last weekend, economic experts discussed measures to increase budget revenues, including the exclusion of some tax benefits and raising the corporate income tax rates for banks and …
Kazakhstan’s Residential Property Market Analysis 2025
This extended overview from the Global Property Guide covers key aspects of Kazakhstan’s housing market and takes a closer look at its most recent developments and long-term trends. In nominal terms, …
Strengthening Control over the Purchase of Noncash Foreign Currency in Kazakhstan
Amendments to the Rules for Conducting Currency Transactions in the Republic of Kazakhstan (the Amendments) came into effect on January 1, 2025.
Kazakhstan, Turkmenistan discuss energy, transport cooperation
A telephone conversation took place between Kazakhstan’s President Kassym-Jomart Tokayev and Chairman of the Halk Maslahaty of Turkmenistan, Gurbanguly Berdymukhamedov. During the conversation, Kassym …
EBRD Triples Investment in Kazakhstan in 2024, Sets Record Year in Central Asia
ASTANA – The European Bank for Reconstruction and Development (EBRD) invested 913 million euros (US$942.8 million) across 25 projects in Kazakhstan in 2024, marking a more than triple increase in its …