Companies

KazMunaiGaz EP to explore new oil blocks KazMunaigaz EP is to purchase 4 oil blocks – Temir, Teresken, Karaton-Sarkamys and territories adjacent to Uzen and Karamandybys oil fields – from its parent company, KazMunaiGaz.
11 April 2011
Kazakh business to face no illegal inspections A software tracking all inspections of small and medium businesses will be introduced on July 1, 2011.
09 April 2011
Jewish Al-Jazeera to be created Aleksandr Mashkevich promised to to create a pro-Jewish TV-channel to carry out explanatory work against delegitimation of Israel in the world.
08 April 2011
KazAtomProm and Purolite to produce chemicals KazAtomProm and Purolite International AG signed a memorandum of understanding and cooperation in technologies and innovations.
07 April 2011
New business support program to be launched April 15 Productivity-2020 business support program will be launched in Kazakhstan on April 15.
06 April 2011
Government to sell its stakes in Kazakh banks Samruk Kazyna Sovereign Fund is expected to sell its stakes in BTA, Temir Bank and Alliance Bank before 2014. According to the Fund’s Chairman Kairat Kelimbetov, the banks’ value is set to grow.
06 April 2011
KazMunaiGaz to develop O&G machinery building The program seeks to launch production of 35 types of equipment locally: the company’s statement.
05 April 2011
KEGOC National Power Grid Operator’s budget 6% up We plan to invest $117 million this year. We have entered the 2nd stage of modernization works on the national electric power grid: KEGOC Chairman.
04 April 2011
KazKommertsBank ready to buy back 21.2% of its common stock A final decision will be taken by the parties of this agreement – major shareholders of the Bank and Samruk-Kazyna Sovereign Wealth Fund.
01 April 2011
Kazakhstan and Norway to agree on Abai Caspian oil block The next step would be negotiations with Kazakhstan’s Ministry of Oil and Gas to obtain rights to develop Abai Caspian oil block.
30 March 2011
KazAtomProm and AtomRedMetZoloto sign MoU to produce rare earth metals Rosatom's Director General Sergey Kirienko: Kazakhstan and Russia jointly have all the conditions in place to hold a strong position in the rare earth metals market.
30 March 2011
KazakhOil Aktobe to launch $ 300 million gas plant in November The project worth $ 300 million is a major part of the region’s industrialization program.
30 March 2011
RosAtom head to discuss construction of nuclear power station in Kazakhstan The nuclear power station is at the stage of feasibility studies.
29 March 2011
Kazakhstan to produce 20 000 tons of uranium in 2012 In 2011 Kazakhstan plans to extract 19 600 tons of uranium, with the output to be increased if required.
29 March 2011
KazMunaiGas thinking about buying Helios Timur Kulibayev confirmed that KazMunaiGas started negotiations on buying Helios fuel stations network.
25 March 2011
KazAtomProm to increase wages 10-20% Average wages of KazAtomProm employees made 148 thousand tenge ($1000) in 2010. Not everyone will get a pay rise in 2011.
11 March 2011
KazAtomProm to launch solar battery production in Astana KazAtomProm will establish a solar battery production in Astana with a metallurgic unit in Ust-Kamenogorsk.
11 March 2011
KMG EP’s profit grew 12% in 2010 In 2010KMG EP’s profit after tax grew 12% making $1.591 million while average Brent price increased 28%.
03 March 2011
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