Subscribe
DOWNSTREAM CENTRAL ASIA & CASPIAN

Kazakhstan, ExxonMobil explore potential energy investment initiatives

President of Kazakhstan Kassym-Jomart Tokayev and ExxonMobil CEO Darren Woods held talks on the current state and future prospects of investment projects in Kazakhstan’s energy and oil and gas sectors, Trend reports, citing Aqorda.

Source: Trend

During the meeting, President Tokayev praised ExxonMobil’s significant contribution to Kazakhstan’s economy, describing the corporation as one of the country’s key and reliable partners in the energy industry. He emphasized the importance of advancing projects aimed at increasing hydrocarbon production within their joint oil and gas ventures.

Tokayev articulated Kazakhstan’s strategic intent to amplify synergies with ExxonMobil while optimizing production efficacy.

Darren Woods expressed gratitude to the Kazakh government for fostering a conducive ecosystem that has facilitated the effective execution of significant initiatives, including Tengiz, Kashagan, and the Caspian Pipeline Consortium (CPC).

ExxonMobil manages an industry-leading portfolio of resources and is among the world’s largest integrated fuels, lubricants, and chemical companies. The corporation continues to evolve its operating model and global structure to better leverage its scale and global brands.

Relevant news

Downstream Central Asia 2026 Announces MAIRE as Strategic Partner — Now Co-Located with Go Net Zero Energy Summit

For the first time, the Downstream Central Asia and Caspian Summit will be co-located with the inaugural Go Net Zero Energy Summit on 8 September at the same venue, bringing together downstream stakeholders from across the Caspian and Central Asia regions under one roof. This unique convergence creates a full week of strategic dialogue and delivers unparalleled opportunities for cross-sector collaboration, knowledge sharing, and the formation of strategic partnerships across the entire energy value chain.

Read more
icon
Uzbek authorities extend zero customs duties on industrial raw materials

Uzbekistan has announced an extension of zero customs duties on the import of 82 types of industrial raw materials and semi-finished products. According to a report from the Ministry of Justice via its Telegram channel, referencing a presidential decree signed.

Read more
icon
BASF has launched the largest green pyrolysis plant in China

The world’s largest chemical manufacturer is set to inaugurate its new facility in China by the end of March, generating a blend of optimism and skepticism about growth prospects.

Read more
icon