Oil and Gas Industry Latest News

23.06.2014 South Korea, Turkmenistan sign $4 billon gas deals

South Korean leader Park Geun-Hye on Friday oversaw the signing of $4 billion in agreements to build natural gas-processing plants in the isolated energy-rich Central Asian nation of Turkmenistan.

20.06.2014 Tethys Awarded 15 Year Extension to Kyzyloi Gas Contract

Tethys Petroleum Limited has received approval from the Ministry of Oil & Gas of the Republic of Kazakhstan to extend its Kyzyloi Production Contract for a further 15 years to June 2029, the company reported in a news release.

16.06.2014 China, Central Asian countries open 3rd gas line

The third line of the China-Central Asia Natural Gas Pipeline started to transport natural gas to China, China National Petroleum Corporation (CNPC) announced late Sunday.

10.06.2014 Tethys Oil announces production update

Tethys’ share of the production, before government take, from Blocks 3 and 4 onshore the Sultanate of Oman amounted in April 2014 to 208,772 barrels of oil and in May 2014 to 219,020 barrels of oil, corresponding to 6,959 barrels of oil per day (bopd) and 7,065 bopd resp

05.06.2014 Kazakhstan to increase production at other fields to compensate losses at Kashagan

Kazakhstan is working to increase oil production at other fields in order to compensate losses from the idle Kashagan field, according to Kazakh Economy and Budget Planning Minister, Yerbolat Dossayev, Trend reported on June 4.

04.06.2014 Turkmenistan, Turkey to discuss diversification of gas export routes

Turkey's Ankara city is hosting the high-level Turkmen-Turkish negotiations as part of the official visit of Turkmen President Gurbanguly Berdimuhamedov to Turkey, a message from the Turkmen government said on June 3, Trend has reported.

02.06.2014 Tethys Petroleum drills fourth well in Kazakh gas campaign

Tethys (TSX:TPL)(LSE:TPL) on June 2 announced the completion of drilling and logging of the AKK20 exploration well, the fourth well in its 2014 shallow gas drilling programme in Kazakhstan.

02.06.2014 New line of Turkmenistan-China gas pipeline commissioned

Line C of the Central Asia-China gas pipeline has been commissioned, China National Petroleum Corporation (CNPC) said, Trend reported on June 2.

30.05.2014 New JV to engage in methane exploration in Kazakhstan

Kazakhstan's KazTransGas and LeMar CA Inc.

28.05.2014 Kazakhstan to increase oil, gas production by 2030

Kazakhstan plans to raise production of crude and condensed gas to 112 million tons a year by 2030, according to the country’s Oil Minister Uzakbai Karabalin, Tengrinews reported on May 27.