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However, the project is so big that it's been a nightmare to develop, and multiple problems have sent costs skyrocketing. Unfortunately, the most recent of these problems has turned out to be more serious than first expected. Size and complexity
Kazakhstan will export 1.5 million tons of oil from its Kashagan oil field this year as the government cooperates with oil firms to increase output, Yerbolat Dosayev, Kazakh Economy and udget planning minister, said Monday. The country is aiming to
An aerial view shows the artificial islands at the Kashagan offshore oil field in the Caspian sea in western Kazakhstan in this October 16, 2013 file photograph. Western oil majors struggling to restart production at one of the world's biggest
Tajikistan's national gas distributor Tajiktransgaz to jointly manage construction of a new pipeline across the country's territory.
The White Cliffs Twin Pipeline would be a duplicate of an existing pipeline that has already had production expanded once to its current capacity of 76,000 barrels per day. The twin pipeline would add capacity for another 80,000 barrels per day.
Mar 9, 2014 Two new tar sands pipeline projects announced earlier this month would bring to market a neck-breaking 1.1 million barrels of oil per day and almost double the region's daily petroleum output to 760,000 barrels without requiring President
It's too early to discuss when operations will resume at the giant Caspian Sea oil field Kashagan, the head of Kazakhstan's state energy company said Tuesday. Sayat Mynbayev, chairman of national energy company KazMunaiGas, said production could
But the construction left a barren swath through 7.6 miles in Bergen and Passaic counties and nearly 11 miles in Sussex County, prompting worries about possible erosion and road collapses from snowmelt and spring rains. "I'm concerned about the
Geraldine Amiel in Paris and Selina Williams in Astana, Kazakhstan Updated Jan. 17, 2014 1:04 p.m. ET Operators of Kazakhstan's huge Kashagan oil field are considering a temporary solution to resume output, halted indefinitely since mid-October after
Pakistan needs to live up to its end of the bargain for a cross-border natural gas pipeline planned from Iran, Iranian Deputy Oil Minister Ali Majedi said. Majedi was quoted by Iran's semiofficial Fars News Agency as saying the Iranian government