Kazakhstan’s oil production exceeded its OPEC+ quota in September, reaching 1.638 million barrels per day (bpd). This marked ...

A rally in oil took a pause on Tuesday, sending prices down by more than 4%, as the militant group Hezbollah reportedly said ...

Kazakhstan held a referendum on October 6th, 2024, gaining the public's approval to construct a nuclear power plant.

ASTANA. Oct 8 (Interfax) - Daily oil output in Kazakhstan has fallen 13% since maintenance at the Kashagan field began, the Kazakh Energy Ministry told Interfax. "Daily output is down 13% in the ...

Refinery run cuts boost crude for export even as production trails OPEC+ target for the first time since February ...

Oil markets are nervous. Last week crude prices rose by 10%, to $78 a barrel, their biggest weekly gain in almost two years ...

Chevron’s Canada unit plans to sell its stakes in oil sands and shale assets to Canadian Natural Resources for $6.5 billion ...

BP has abandoned a target to cut oil and gas output by 2030 as CEO Murray Auchincloss scales back the firm's energy ...

Kazakhstan has approved a plan to build its first nuclear power station in a referendum, overcoming lingering resentment over ...

Chevron is selling its stakes in some oil ... U.S., and in Kazakhstan. Chevron also is working to close a $53 billion deal to buy Hess, the latest megamerger among U.S. producers taking advantage of ...

OPEC+ - comprised of the Organization of the Petroleum Exporting Countries and its allies - was already preparing to lift output in less than two months. The group has plans to gradually faze out ...

Tom Seng, Ed.D., provides a weekly analysis of oil and gas markets. Dr. Seng is Assistant Professor of Professional Practice ...