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KazMunayGas and Linde sign MOU for blue/green hydrogen and ammonia projects in Kazakhstan

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KazMunayGas, the state-owned oil and gas company of Kazakhstan, and the technology company Linde have signed a Memorandum of Understanding to cooperate and develop jointly clean energy projects in Kazakhstan. Most of Kazakhstan’s natural gas reserves are in crude oil or condensate—rich fields.

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

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The US Energy Information Administration (EIA) continues to expand its assessment of technically recoverable shale oil and shale natural gas resources around the world. Each of the countries has an existing oil and natural gas industry with infrastructure connecting the basins to global markets. Bcf/d from 2005 to 2014.

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Foster Wheeler awarded contract for hydrogen production unit in Kazakhstan for major refinery modernization

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A subsidiary of Foster Wheeler AG’s Global Engineering and Construction Group has been awarded a contract for the basic engineering design of a new hydrogen production unit, based on Foster Wheeler Terrace Wall steam reforming technology, to be built at the Atyrau Refinery in Kazakhstan. ad by the marketing team.).

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

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Eni announced that first oil from the giant Kashagan oil field has been produced. The oilfield is located in the North Caspian Sea, approximately 80 kilometers (50 miles) southeast of Atyrau, in Kazakhstan. Afterwards, the production will increase progressively up to 370,000 barrels of oil equivalent per day.

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EIA forecasts growing liquid fuels production in Brazil, Canada, and China through 2023

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Canada’s growth in crude oil and natural gas production during 2022 and 2023 is driven primarily by expanding oil sands and debottlenecking projects. Canada’s growth is due in part to the Enbridge Line 3 crude oil pipeline expansion (760,000 b/d capacity), which became operational in October 2021. million b/d in 2021 to 3.9

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

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GE and OJSC Rosneft signed a memorandum of understanding (MOU) that lays the foundation for the two companies jointly to evaluate and develop commercial opportunities in oil and gas exploration and production in the Russian Federation. In addition, the Company participates in several exploration projects in Kazakhstan and Algeria.

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