News

The Tengiz field is widely recognized as the world's deepest-producing supergiant oil field and the largest single-trap-producing reservoir. The FGP expansion aims to not only enhance CVX’s ...
Saudi Arabia and other members of the OPEC Plus group accelerated their program to put more oil on the market, adding to a ...
Iraq, like the Kazakhs and other laggards, has pledged extra supply curbs as compensation for over-producing. Yet respected monitors like the International Energy Agency in Paris believe Iraqi output ...
As part of the FGP, a new Third-Generation Plant (3GP) was built at the Tengiz oil field, which was discovered in 1979 and ranks as one of the world’s largest and deepest fields. This project ...
Loadings of Kazakh oil from the facility in the Russian port of Novorossiysk will likely face constraints over the next few ...
Kazakhstan has been a particular source of friction after it significantly exceeded its output ceiling during the startup of the expansion of its giant Tengiz oil field. Thursday’s decision is ...
sources say Kazakhstan's oil and condensate output reached a record high in March, with higher output from the giant Tengiz oilfield and stable exports via the Caspian pipeline, further exceeding ...
Astana has consistently violated this target as it starts new projects such as the expansion of the giant Tengiz oil field. The Organization of Petroleum Exporting Countries and its partners have ...
A potential resumption of exports from Kurdistan complicates Iraq's pledged compensation, while the expansion at Kazakhstan’s Tengiz oil field and presence of independent oil majors makes it ...