Kazakhstan

Oil Market

Kazakhstan’s Tengiz Giant Falls Silent: Force Majeure Declared Following Power Station Blaze

The global oil market was jolted this week as a major operational crisis unfolded at Kazakhstan’s premier oilfield, the Tengiz. Following a devastating fire at the GTES-4 power station on January 18, 2026, the Chevron-led consortium, Tengizchevroil (TCO), has officially declared force majeure on its Caspian Pipeline Consortium (CPC)

Kazakhstan

Kazakhstan's Oil Lifeline Under Siege: Dual Disruptions Threaten Global Supply and Market Stability

The global energy market is once again grappling with significant uncertainty as Kazakhstan's primary crude oil export artery, the Caspian Pipeline Consortium (CPC) pipeline, faces a series of debilitating disruptions. A confluence of geopolitical tensions leading to drone attacks on critical pumping stations and operational setbacks at the