MOSCOW: Kazakhstan's vast offshore Kashagan oil field has produced its first crude for export, authorities in the ex-Soviet nation said Friday, in spite of many setbacks. More than 26,000 tonnes of crude oil and 22.8 million cubic meters of natural gas have been produced and were shipped Friday through various pipelines, the Kazakh energy ministry said in a statement. "The first batch of export oil was shipped today from Kashagan," it said, adding that some testing is still ongoing. "Reaching stable operation will take…
BAGHDAD: Islamic State militants have set fire to oil wells northeast of the city of Tikrit to obstruct an assault by Shi'ite militiamen and Iraqi soldiers trying to drive them from the Sunni Muslim city and surrounding towns, a witness said.
LONDON/LAGOS: France's Total SA, Europe's second largest oil company, has put one of its offshore Nigerian oil fields up for sale again, the company said, after a 2012 deal with Sinopec Corp failed.