Kazakhstan resumed enforcement to collect a $5.2 billion fine from the Kashagan oilfield consortium over alleged sulphur-storage violations. Major operators including Shell and ExxonMobil dispute the
Kazakhstan suspended enforcement proceedings to recover $5 billion from the North Caspian Operating Company (NCOC) over alleged environmental violations at the Kashagan oil field. The move impacts maj
Kazakhstan has frozen assets of the North Caspian Operating Company over a disputed $5 billion environmental fine regarding sulphur storage breaches. The joint venture partners dispute the allegations
An international arbitration tribunal blocked Kazakhstan from enforcing a $4.9 billion environmental fine against the Kashagan oilfield operator. The North Caspian Operating Company, a joint venture i
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