Why is Kashagan a problematic project?

Scandals around the largest offshore oil and gas field in Kazakhstan have been growing. The Government of Kazakhstan has increased the size of its claims against international companies developing Kashagan to more... Read more »

The overview of oil and gas specialists

On May 15, our country celebrates the Day of the Kazakh PR Specialist. On the eve of the professional holiday, we present to readers an overview of oil and gas specialists whose... Read more »

Will Chevron sell its assets in Kazakhstan to Russia?

The Kazakh authorities were offered to acquire the shares of foreign companies in the Tengiz, Kashagan and Karachaganak fields at the expense of Russia’s gold and foreign exchange reserves frozen in the... Read more »

TOP 20 Women-Leaders in the Oil and Gas Industry of Kazakhstan 2024

📌 On the eve of International Women’s Day on March 8, PetroCouncil presents the 4th annual Review of the ‘TOP 20 WOMEN-LEADERS in the Kazakh oil and gas industry’ 2024. This year,... Read more »

TOP 20 Kazakhstanis working abroad in leadership positions in O&G in 2024

The PetroCouncil has prepared a Review ‘TOP 20 Kazakhstanis working abroad in leadership positions in O&G in 2024.’ The review presents 20 Kazakhstanis working in Europe, Americas, Asia and Africa. This Review... Read more »

How much oil did Kazakhstan export in 2023?

The search for alternative export routes remains a pressing issue for the oil and gas industry of Kazakhstan. Kazakhstan produced 90 million tons of oil and gas condensate in 2023 and exported... Read more »

Our main results in 2023

Dear Friends! In 2023, Petrocouncil worked a lot and actively as a dialogue platform between large oil and gas operators and business community and have made significant progress for the domestic oil... Read more »


This year turned out to be very rich in interesting and important news. Therefore, on New Year’s Eve, Petrocouncil presents an overview of events in the energy industry of Kazakhstan for 2023.... Read more »

Does Kazakhstan need petrochemical industry?

The government has announced plans to implement two large petrochemical projects, butadiene and polyethylene plants. The cost and project commissioning schedule have been announced. But how much does the country need these... Read more »

Does KMG need to buy another refinery in Europe?

KazMunayGas (KMG) was named among other companies to acquire a stake in the largest oil refinery in Germany. This year, the Kazakh national company started to export oil to the PCK Raffinerie... Read more »

Why Sinopec agreed to build a polyethylene plant in Kazakhstan

The China Petroleum & Chemical Corporation Sinopec will build a polyethylene production plant with a capacity of 1.25 million tons per year in the Atyrau region in West Kazakhstan. Construction will begin... Read more »

How much have Kazakhstan’s oil revenues decreased?

The decline in oil prices led to a reduction in Kazakhstan’s income. Tax payments to the National Fund fell by almost 30%. The state budget was fulfilled by 97% including due to... Read more »

Will Kazakhstan become regional leader in gas production? And what is the role of QazaqGaz?

Kazakhstan can and will become a regional leader in the gas industry. A gas boom is expected in the country according to the chairman of the national company QazaqGaz Sanzhar Zharkeshov. Kazakhstan... Read more »

How is Kazakhstan developing renewable energy sources?

The state audit revealed that one of the branches of the Samruk-Kazyna fund had embezzled 15.4 billion Kazakh tenge allocated for the construction of a wind power plant (WPP). We are talking... Read more »

What damage does the fire accident at the Karaturun Yuzhny  oilfield cause to the environment and who will compensate for it?

Members of Parliament call on the government to terminate the contract with Buzachi Neft and return the field to the state. In the Mangistau region emergency well No. 303 at the Karaturun... Read more »

How much oil does Kazakhstan produce and who are the main buyers?

The Ministry of Energy reported a decrease in oil production in the country. The reasons are emergency power outages and scheduled maintenance work at the fields. However, this reduction in production could... Read more »