Kazakhstan raises fuel prices Kazakhstan’s Agency for Natural Monopolies Regulation has changed the ceiling prices for regulated fuel.
03 October 2012
Arab and LatAm leaders agree to investment bank Latin American and Arab leaders agreed to form a joint investment bank during a summit in Peru at which they also discussed the increasingly bloody civil war in Syria.
03 October 2012
S&P warns of little iron ore respite for miners Global credit agency Standard & Poor's said Tuesday that it saw little improvement in iron ore prices in the near-term and warned that smaller single-commodity miners could see their ratings slip.
03 October 2012
US State Dept seeks to unblock $450 mn for Egypt The US State Department said Monday it would work with Congress to try to unblock some $450 million in economic aid for Egypt, after a lawmaker froze the funds.
03 October 2012
Kazakhstan Oil and Gas Minister on status of major oil projects Speaking at the 7th Eurasian forum KAZENERGY, Sauat Mynbayev noted that Kashagan is expected to bring profits in 2013.
03 October 2012
Kazakhstan President meets Gazprom chairman Kazakhstan President Nursultan Nazarbayev has met with chairman of Gazprom Aleksey Miller.
02 October 2012
ConocoPhillips might exit the Kashagan project: Oil Minister The Minister elaborated that “no official announcements have been made”.
02 October 2012
Two S. Korea nuclear reactors shut down Two South Korean 1,000-megawatt nuclear reactors were shut down Tuesday at separate plants, both as a result of unrelated systems malfunctions.
02 October 2012
Kazakhstan residents prefer loans in tenge According to the National Bank, of Kazakhstan the share of the loans issued in tenge exceeded 68 percent and made over 6.4 trillion tenge ($42 billion) as of September.
02 October 2012
Kazakhstan residents have almost $32 billion on bank deposits A majority of the deposits is registered in Almaty: over 2.1 trillion tenge ($14 billion) or 45 percent of the total amount.
02 October 2012
Rompetrol fully switched to Euro-5 fuel production Rompetrol has successfully completed modernization of Petromidia oil refinery and switched to production of Euro-5 fuel.
02 October 2012
Finland promises innovations to Kazakhstan Finland’s Minister of Foreign Trade Alexander Stubb will render a visit to Kazakhstan in the beginning of October.
02 October 2012
Xstrata, Glencore announce new deal for massive tie-up Swiss mining group Xstrata and commodities giant Glencore said on Monday they had agreed on new terms for their tie-up to create a massive company worth about 70 billion euros ($90 billion).
02 October 2012
World's 2nd largest steel firm born in Japan Japan's Nippon Steel and rival Sumitomo Metal Industries formally merged on Monday, creating the world's second largest steelmaker amid intensifying global competition.
02 October 2012
China manufacturing in second month of contraction China's manufacturing activity contracted for a second straight month in September, according to official data released Monday, falling short of expectations for expansion.
01 October 2012
Issekeshev promises 150 thousand jobs in tourism Kazakhstan Minister of Industry and New Technologies talked about development of tourism in the country.
01 October 2012
Slovak PM says eurozone will not survive in current form The eurozone is unlikely to survive in its current form and one or more countries will probably have to leave the 17-nation single currency bloc, Slovakia's Prime Minister Robert Fico said Sunday.
01 October 2012
Greek PM stresses urgency of austerity deal Greek Prime Minister Antonis Samaras stressed the urgency of sealing an austerity pact ahead of crucial talks Monday between Greek officials and the so-called troika of international creditors.
01 October 2012
Chevron pays $17.5 mn fine for Brazil spill US oil firm Chevron has paid a $17.5 million fine for a major spill off Rio de Janeiro state last year, Brazilian authorities said Thursday.
30 September 2012
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