For Russian crude, the tariff will go up by 14%
Singapore and Switzerland also secured comparatively cheap supplies
The agreement is not exclusive and is conditional on regulatory approvals
Chevron remains the only U.S. oil major producing in Venezuela
The affected tankers had all necessary permits and identification systems.
Oil and gas production in Kazakhstan fell 35% between January 1 and 12
The tanker was intercepted before dawn by Marines
Moscow has criticised U.S. actions related to Venezuela
Saudi firm Midad Energy is also considered a potential bidder
The deal is intended to redirect shipments from China
Authorities also confirmed that some oil entered a water channel
Rising production has fuelled concerns of an oil glut next year
Petrol output also declined sharply
Transport is carried out through KTO’s main pipeline system
Talks are ongoing with legal experts and American officials
The agreement for joint development and production was signed earlier this year
Bergmair declined to specify which assets he was targeting
OPEC+ projects that global oil trade will reach 61 mln barrels per
The attack damaged the offloading facility at VPU-2
Kazakhstan has offered to increase the transit of Russian gas to Uzbekistan
Exxon is looking at Lukoil’s holdings in Kazakhstan
Chevron is focusing on areas where it overlaps with Lukoil
Carlyle is said to be in the early stages of considering a purchase.
Tashkent is holding preliminary discussions on BP’s potential role