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Economy

production Oil news Kazakhstan Kazakh Sauat Mynbayev
Global oil production will peak in 2030s: Minister Global oil production will peak in 2030s: Minister Energy consumption is expected to grow 30-40 percent by 2030: Kazakhstan Oil and Gas Minister.
09 October 2013
Oil production at Kashagan reaches 60 thousand barrels per day Oil production at Kashagan reaches 60 thousand barrels per day Kazakhstan and its partners have been waiting for this for over 10 years: Sauat Mynbayev.
09 October 2013
Global world steel use set to grow 3.1 pct this year Global world steel use set to grow 3.1 pct this year Global steel use is expected to grow 3.1 percent this year, up from two percent last year and to expand 3.3 percent in 2014.
08 October 2013
Palestinian GDP can expand by a third if Israel lifts limits: World Bank Palestinian GDP can expand by a third if Israel lifts limits: World Bank The Palestinian economy could expand by over a third if Israel were to lift its restrictions on about 60 percent of the West Bank that it controls.
08 October 2013
Singapore, China giants 'mull Spain gas investment': report Singapore, China giants 'mull Spain gas investment': report Singapore state investment giant Temasek and Chinese oil group Sinopec aim to snap up a multi-billion-euro stake in Spain's Gas Natural.
08 October 2013
Niger to 'review' Areva uranium contracts Niger to 'review' Areva uranium contracts Niger, one of the world's top sources of uranium, will review its dealings with French firm Areva, which has been mining there for nearly 50 years.
07 October 2013
Crude production resumed at Kashagan oilfield Crude production resumed at Kashagan oilfield “October 6, upon completion of all the repairs, the wells at the oilfield have been restarted (…) production was resumed with no complications”, according to the country’s Oil and Gas Ministry.
07 October 2013
Myanmar unrest raises stakes for growing tourist industry Myanmar unrest raises stakes for growing tourist industry Recent anti-Muslim bloodshed close to Myanmar's most popular tourist beach raises the stakes for an industry dependent on the former pariah state's fluid transition to democracy.
07 October 2013
Shutdown forces EU, US to cancel trade deal talks Shutdown forces EU, US to cancel trade deal talks The second round of scheduled talks between top European Union and American officials to clinch the world's largest trade deal have been cancelled because of the US government shutdown.
05 October 2013
TENGRI LIFE
TENGRI TRAVEL
Twitter wants to fly with billion-dollar IPO Twitter wants to fly with billion-dollar IPO Twitter on Thursday unveiled plans to pump up the globally popular one-to-many messaging service with a $1 billion stock market debut.
04 October 2013
National Bank approves schedule for transfer of pension assets to Single Pension Fund National Bank approves schedule for transfer of pension assets to Single Pension Fund Transfer of pension assets and obligations of Kazakhstan's pension funds to the Single Pension Fund will start on October 11 and finish on June 26, 2014.
04 October 2013
US default could be 'catastrophic': Treasury US default could be 'catastrophic': Treasury The US Treasury warned Thursday of a disastrous outcome if Congress's refusal to raise the country's borrowing ceiling forces it to default on obligations.
04 October 2013
Unemployment remains dark spot in Spanish economy Unemployment remains dark spot in Spanish economy Spain's government sees light at the end of the tunnel with the end to a two-year recession but analysts warn joblessness will continue to weigh down the eurozone's fourth-largest economy.
04 October 2013
First Caspian gas supplies to Europe expected in 2019 First Caspian gas supplies to Europe expected in 2019 Direct supplies of Caspian gas to Europe are expected by the beginning of 2019.
04 October 2013
Aktau tablet plant plays off Chinese devises as Kazakhstan-made Aktau tablet plant plays off Chinese devises as Kazakhstan-made Aktau-based tablets-producing plant has been buying Chinese devices and passing them off as Kazakhstan-made.
03 October 2013
Brazil economy in need of reforms, reduced state bloat Brazil economy in need of reforms, reduced state bloat Brazil, Latin America's economic behemoth, is in dire need of structural reforms and reduced government bloat to fuel sustainable growth.
03 October 2013
$23 billion Tengiz expansion project approved $23 billion Tengiz expansion project approved A project of the Tengiz field production facilities expansion worth $23 billion has been approved.
02 October 2013
ADB lowers Kazakhstan’s economy growth estimate from 5.2% to 4.8% ADB lowers Kazakhstan’s economy growth estimate from 5.2% to 4.8% According to the Kazakhstan’s State Agency for Statistics, the country’s GDP grew by 5.5%from January to August.
02 October 2013
Air Astana explains reasons behind registration of aircrafts in Aruba Air Astana explains reasons behind registration of aircrafts in Aruba Registration of Air Astana planes outside Kazakhstan has no effect on the tax payments into the state budget: Air Astana.
02 October 2013
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