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Massive PNG gas project loads first shipment Australian energy firm Santos said Friday the first exports from its huge US$19 billion gas project in Papua New Guinea will soon depart for Japan, four years after the joint venture was given the go-ahead.
16 May 2014
Kazakhstan to supply electric locomotives to Azerbaijan Alstom Transport has signed a contract to supply 50 KZ8A freight locomotives produced in Astana-based Elektrovoz Kurastyru Zauitty to Azerbaijan Railways.
16 May 2014
KazMunaiGas discovers new oil KazMunaiGas Exploration Production JCS has announced a new discovery in the Bashkirian tier’s sediments of the Carboniferous period in the Rozhkovskoye field.
16 May 2014
Kazakhstan exports 20.383 million tons of crude and condensed gas in the first quarter In monetary terms, the exports figure for the period made up $16.690 billion, 20.7% up against the like period of 2013.
15 May 2014
Kazakhstan's economy benefits from devaluation: Kelimbetov National Bank Chairman Kairat Kelimbetov declared that the economy of Kazakhstan responded positively to the recent 20% devaluation of the Tenge.
14 May 2014
Central Bank Governor on Kazakhstan-based banks According to him, only Halyk Bank could be considered as truly important for the entire banking system as of today, with the new entity of merged KazKommertsbank and BTA having some prospects.
13 May 2014
Kazakhstan is concerned over possible widened economic sanctions against Russia Russia might face a zero economic growth this year. It’s no good news for us as the two economies are interdependent to a great extent: Kazakhstan’s Central Bank Governor.
13 May 2014
State-run Single Pension Fund to deposit money with Kazakhstan-based banks “I commission the National Bank and the Government to work out a strategy to invest the assets of the Pension Fund, including depositing the money with Kazakhstan-based banks for a long term”, President Nazarbayev said earlier.
13 May 2014
Petrobras probe on US refinery 'near end' An internal investigation of Petrobras' controversial $1.1 billion purchase of a Texas refinery is nearing completion, the Brazilian state oil giant's chief said.
13 May 2014
Legitimization of assets to bring billions: Kelimbetov Central bank aims to legitimate money and assets to ensure an influx of several billion dollars into the banking sector of Kazakhstan.
12 May 2014
Counting losses from Kashagan suspension Losses from the forthcoming two-year suspension of the Kashagan oilfield development project in Kazakhstan are estimated at two billion dollars in the least.
11 May 2014
London tops super-rich city list, survey shows London has more billionaires than any other city in the world, and Britain has more billionaires per head of population than any other country, new data showed.
11 May 2014
Rakhat Confectionary to expand to China and South Korea Rakhat, a major Kazakhstani confectionary company, plans to expand into foreign markets.
10 May 2014
Nauru applies for IMF membership The tiny Pacific island nation of Nauru has officially lodged an application for entry to the International Monetary Fund, the global financial body said.
10 May 2014
New operating company for Kashagan Kashagan project in Kazakhstan may get a new operatoring company in the nearest future.
08 May 2014
Sotheby's gives Loeb board seats, avoiding showdown Sotheby's agreed Monday to appoint hedge fund activist Dan Loeb and two allies to its board, averting a shareholder vote over the direction of the prestigious fine art auctioneer.
07 May 2014
Experts forecast mortgage lending revival in Kazakhstan Experts forecast a revival in the stagnated mortgage lending in Kazakhstan. In the most optimistic scenario it will start in end of 2014.
06 May 2014
Development Bank of Kazakhstan obtain 500 million euro loan from HSBC Development Bank of Kazakhstan has signed a 500 mln euro loan agreement with HSBC Bank.
05 May 2014
Kenes Rakishev buys into Magnum Cash & Carry Businessman Kenes Rakishev has bought a stake in Magnum Cash & Carry retailer network.
05 May 2014
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