Kazakhstan, one of the world's 10 biggest oil producers, stepped up pressure on international firms working in the country on Tuesday with a call for "better terms" in their contracts.

Kazakhstan’s GDP growth slowed in 2014 due to weaker demand and the fall in oil prices. Government fiscal policies were directed towards mitigating the impact on growth of lower oil prices. In the ...

Crude prices found support Wednesday after Kazakhstan said it intends to comply ... Baker Hughes reported last Friday that active US oil rigs in the week ending December 13 were unchanged at ...

By Stanley Reed Chevron said Friday that it had completed an expansion at its Tengiz oil field in Kazakhstan intended to increase production this year to around one million barrels a day ...

The rig count in Canada ended the week with ... oil production at its Future Growth Project at Tengiz oil field in western Kazakhstan. Melbana Energy will workover the existing Alameda-2 ...

Kazakhstan’s economy faces the challenge of adjusting to a large terms-of-trade shock in a context of declining domestic and external demand. After a substantial drop during the second half of 2014, ...

Alongside nuclear power development, Kazakhstan is also launching a fracking project to extract shale oil, expecting to produce its first shale oil this year. Following up on last year’s ...

ALMATY : Kazakhstan, one of the world's 10 biggest oil producers, stepped up pressure on international firms working in the country on Tuesday with a call for "better terms" in their contracts.