Max Petroleum said that it had started drilling the fourth well of its 12 post-salt exploration prospects in Kazakhstan. The company had earlier abandoned 2 wells in the series. The latest well KZI-1 is located on the Kyzylzhar I prospect in block E. Max Petroleum said in April that id would abandon the third exploration well, KZN-2, in the series if no oil is found. Max Petroleum is a small oil exploration company. |
Kazakhstan is in talks over McDonald's enter to the Kazakh market, President of the Eurasian Franchising Association, Beknur Kissikov has said. He added that the main reasons that McDonald's is ... more
Kazakhstan will establish institute for energy and energy effectiveness, deputy PM and Minister of Industry and New technologies Aset Isekeshev has informed. The new entity should start operating ... more
Kazakhstan plans to diminish oil products imports from Russia, according to Kuandyk Kulmurzin Director of oil industry development department in Oil and Gas Ministry. He explained that the reason ... more