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ADB approves $240M to help Kazakhstan modernize transport, improve connectivity

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million loan to help Kazakhstan modernize its transport system. Improved transport connectivity will help increase trade links between Kazakhstan and the markets in East Asia, the Caspian Sea region, and further to Europe. The Asian Development Bank (ADB) has approved a $240.3-million

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GE, Rosneft to pursue opportunities in Russia’s oil and gas industry, including Arctic offshore

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explore opportunities to jointly develop, manufacture and sell equipment for use in Russia’s oil and gas industry. Rosneft is the leader of Russia’s petroleum industry, and ranks among the world’s top publicly traded oil and gas companies.

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Toyota Europe Q1 hybrid sales up 82.3% for 20% of total sales; Auris Hybrid the leader

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The European automotive industry is still experiencing an increasingly shrinking market. Despite the challenging sales environment, our results are in-line with the market evolution. —Daniele Schillaci, TME Senior Vice-President for Sales and Marketing. fall in the market overall. Toyota in France posted a 3.2%

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Groundbreaking in Turkmenistan for major synthetic gasoline plant; first full-scale Haldor Topsøe TIGAS facility

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The plant has been awarded by the national gas company Turkmengas, and Topsøe will be working alongside the Japanese contractor Kawasaki Heavy Industry Ltd. and the Turkish contractor Rönesans Turkmen to engineer and construct the facility. —Bjerne S. Clausen, Chief Executive Officer and President at Haldor Topsøe A/S.

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Eni reports first oil from giant Kashagan field in North Caspian Sea

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The oilfield is located in the North Caspian Sea, approximately 80 kilometers (50 miles) southeast of Atyrau, in Kazakhstan. Considering the size, the specifications, the environmental and logistical characteristics, Kashagan is also one of the most complex and challenging industrial projects worldwide, Eni said. Map of the field.

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EIA ups total shale oil resource estimate by 13% to 419B barrels, shale gas by 4% to 7576 Tcf

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The addition of four countries—Chad, Kazakhstan, Oman, and the United Arab Emirates (UAE)—to a previous assessment covering 42 countries has resulted in a 13% increase in the global assessed total resource estimate for shale oil and a 4% increase for shale gas. Kazakhstan’s oil production increased by 24% to 1.7

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GE and Shenhua open coal gasification joint venture in China

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The region’s coal industry comprises China, India, Australia, Indonesia, Kazakhstan, Thailand, Vietnam and New Zealand. The new company combines GE’s expertise in industrial gasification technologies with Shenhua’s expertise in coal gasification and coal-fired power generation. —Jack Wen, GE Energy China CEO.

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