Kazakhstan raises fuel prices
Kazakhstan’s Agency for Natural Monopolies Regulation has changed the ceiling prices for regulated fuel.
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.
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.
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.
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.
Kazakhstan President meets Gazprom chairman
Kazakhstan President Nursultan Nazarbayev has met with chairman of Gazprom Aleksey Miller.
ConocoPhillips might exit the Kashagan project: Oil Minister
The Minister elaborated that “no official announcements have been made”.
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.
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.