US fines Total $398 mn over bribes in Iran
French oil giant Total agreed Wednesday to pay US authorities $398.2 million to settle charges that it bribed officials in Iran to secure oil and gas concessions.
Mynbayev asked to increase Chinese content in oil company
Kazakhstan Oil and Gas Minister Sauat Mynbayev was asked to increase the allowed number of foreigners in Kazakhstan’s oil projects.
Kazakhstan oil refineries may be suspended
Kazakhstan oil refineries may be suspended because of a deficit of oil storage tanks.
Citigroup settles US suit over mortgage securities
Citigroup has settled a lawsuit by the US Federal Housing Finance Agency over the sale of home mortgage-backed securities to government-backed lenders.
Kazakhstan to spend additional $1.3 billion on countering religious extremism
These are the additional funds. The actual spending on this program exceeds the above amounts: Kazakhstan official.
Astana interested in foreign investments
Astana is a city with very attractive opportunities: Astana Mayor Imangali Tasmagambetov.
Halyk Bank on purchasing BTA
Halyk Bank has entered negotiations over the offer to purchase BTA. The due diligence is under way.
Wal-Mart fined $110 mn over hazardous waste
Wal-Mart was hit with $110 million in US federal and state fines Tuesday after pleading guilty to criminal charges of mishandling hazardous waste and pesticides at its retail stores.
Kazakhstan has lowest gas prices in Europe
Average gas price in Kazakhstan is 2.1 rubles ($0.07) per cubic meter while it makes 59.9 rubles ($1.924) per cubic meter in Sweden.