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Employees of ArcelorMittal Temirtau got salaries rise The lasting labor dispute between the company’s administration and its metallurgists trade union has come to an end.

18 July 2012

Air Astana tagged best Central Asian and Indian airline Air Astana won the Best Central Asian and Indian Airline award at Farnborough International Airshow.

17 July 2012

Naftogas and Rompetrol to build 700 petrol stations in Ukraine Naftogaz of Ukraine and Rompetrol signed a memorandum of intent to create a joint company for oil products marketing in Ukraine.

17 July 2012

Olympic security firm expects $77 million loss British security firm G4S said Friday it expects losses of up to $77 million after the government had to deploy extra troops for the Olympics because the company failed to provide enough guards.

15 July 2012

US nuclear plant problem worse than thought: report US nuclear regulators published an update on California's troubled San Onofre power plant Thursday, sparking an expert warning that the problem is more serious than first thought.

13 July 2012

Kazakhstan Temir Zholy to increase local content to $2 billion Kazakhstan Temir Zholy is currently a flagship in terms of local content. They show amazing results: Vice-Minister of Kazakhstan.

11 July 2012

KazTransGas assigned the role of the sole national operator of gas supplies Among other things, the Company will be in charge of developing the master plan of gas supplies network, exercising the pre-pre-emptive right to purchase all crude and tank gas and managing gas supplies facilities.

11 July 2012

Apple loses British suit over Samsung Galaxy Tab South Korea's Samsung won a patent battle Monday against US rival Apple, with a British judge ruling that Samsung's Galaxy tablet was not "cool" enough to be confused with Apple's iPad.

11 July 2012

Over 300 foreigners deported from Atyrau oblast in Kazakhstan 340 foreign citizens have been deported from Atyrau oblast in western Kazakhstan for violation of the migration legislation since the beginning of the year.

09 July 2012

Yahoo!, Facebook unveil alliance, end patent dispute Facebook and Yahoo! announced Friday a new advertising partnership as the two tech giants settled a court dispute over patents.

07 July 2012

Toshiba fined in US antitrust case Japanese electronics giant Toshiba said Tuesday a jury has ordered it to pay $87 million in a price-fixing case on LCD displays, but that it ultimately may not end up paying damages.

07 July 2012

Taiwan's HTC pleased with UK court victory over Apple Taiwan's leading smartphone maker HTC Thursday hailed as a victory a British court ruling that it did not infringe on a patent owned by the US technology giant Apple.

06 July 2012

Nigeria signs $4.5 billion refinery deal with US energy firm Nigeria on Monday signed a Memorandum of Understanding with an American energy firm to build six oil refineries, in a project worth 4.5 billion dollars.

04 July 2012

Apple settles Chinese iPad trademark fight: court US technology giant Apple has paid a Chinese firm $60 million to settle a long-running dispute over the iPad trademark in China.

03 July 2012

Barclays chairman resigns over rate rigging scandal Barclays chairman Marcus Agius resigned on Monday, saying suspected manipulation of inter-bank lending rates by staff had "dealt a devastating blow" to the reputation of the British banking giant.

03 July 2012

Head of ArcelorMittal Temirtau called employees' pay raise demand untimely The requests are well grounded, but it is not the right time: Vijay Mahadevan.

02 July 2012

Kazakhstan completes acquisition of a 10% stake in Karachaganak As a result of the deal the ownership structure looks as follows: BG Group holds 29.25%, Eni 29.25%, Chevron 18%, LUKOIL 13.5%, with the Kazakhstan Government holding the other 10%.

28 June 2012

President Nazarbayev called KazMunaiGas to improve analysis and forecasts KazMunaiGas oil and condensed gas production in 2011 totaled 21.1 million tons. Plans are to produce 21.9 million tons in 2012.

27 June 2012

KazMunaiGas will spend $3 billion on geological exploration in 5 years KazMunaiGas will invest 500 billion tenge into geological exploration of promising blocks in the nearest 5 years.

20 June 2012

KazMunaiGas calculates profits from oil dispatches via Romanian marine terminal Having created a direct link between the terminal and refinery we have optimized the oil supply process and significantly decreased technological losses and costs: KMG.

13 June 2012

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