Tengizchevroil

Oil rises sharply for the first time since mid-November

Oil rises sharply for the first time since mid-November

On Thursday, the price of the Texas oil benchmark exceeded $ 80 per barrel - for the first time since November 17. According to trading data, on January 6, the global oil prices rally accelerated to 2-3%.  At 17.20 Moscow time, the …

Fitch comments Tengizchevroil expansion

Fitch comments Tengizchevroil expansion

The International Ratings Agency Fitch Ratings expects that the Tengizchevroil (TCO) expansion will result in a lower dividend stream to the Kazakh state-owned National Company KazMunaiGas, which owns a 20% stake in TCO, over the medium term. …