Tag: Kazakhstan
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Kazakhstan is suing major oil companies for more than $16 billion
Kazakhstan has chosen to resort to legal methods to extract what it sees as its legitimate material rights with a group of major oil companies, led by Eni, Shell and Total Energy, among many others. Kashagan and Karachaganak, two of the largest oil fields in the Central Asian country, are at the heart of the…
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Developing the largest oil field in Kazakhstan under US auspices
Plans to expand the largest oil field in Kazakhstan have begun their first steps by introducing new facilities into early operation under the auspices of the American Chevron Corporation, with the expectation that the return of these developments will emerge by the year (2025), and the fruits of full production growth will begin in (2026).…