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KazMunaiGas threatens action over Romania refinery seizure Kazakhstan's state oil company KazMunaiGas on Wednesday threatened to seek international arbitration against Bucharest.

28 July 2016

Chevron announces $36.8 bn Kazakh oil expansion US oil giant Chevron announced Tuesday a $36.8 billion expansion project in Kazakhstan, the first major investment since the oil-price rout.

08 July 2016

Romania's Senate speaker charged with lying in fraud probe Popescu-Tariceanu is accused of making "declarations not in line with reality" concerning his links with several Romanian and Israeli businessmen who have already been charged, thus "hindering the course of justice".

25 May 2016

Kazakhstan's national companies face major restructuring Kazakhstani national companies will soon be facing a major restructuring.

25 November 2015

Kazakhstan mulling privatization of oil refineries Oil production in Kazakhstan in 2014 stood at 73.7 million tons. The three Kazakhstan-based oil refineries produced a total of 3.02 million tons of petrol.

02 October 2015

Optimistic forecasts for Kazakhstani oil sector: 10th KazEnergy Forum 10th Eurasian KazEnergy Forum has gathered 2000 participants for three days in Kazakhstana's Astana city.

01 October 2015

New CEO appointed at Kazmunaigas EP Kurmangazy Iskaziev has been appointed the new General Director (CEO) of the Kazmunaigas Exploration and Production

29 September 2015

CEO of KazMunayGas Exploration Production resigns General Director of KazMunayGas Exploration Production JSC (KMG EP) Abat Nurseitov has resigned from his post.

10 September 2015

Samruk Kazyna transfers 10% of KazMunaiGas stock to National Bank Samruk Kazyna has transfered 10% of KazMunaiGas stock to the National Bank of Kazakhstan.

06 August 2015

KazMunayGas to sell half of its Kashagan share to Samruk-Kazyna KazMunayGas JCS (KMG) is selling 50% of the company’s share in Kashagan to the National Welfare Fund Samruk-Kazyna of Kazakhstan for almost $4.7 billion.

03 July 2015

Children faint again in village near major Kazakh oil and gas field Three children have faited during classes in Berezovka village just several months after a series of mass incidents of the same nature.

16 April 2015

Kazakhstan poses as transit country for Russian gas to China KazMunaiGas state company has come up with a proposal to use existing pipelines to transport Russian gas to China through the territory of Kazakhstan.

26 March 2015

Kazakhstan mulls halving crude export duty In the wake of dropping oil prices, the crude export duty rate in Kazakhstan, according to Halyk Finance analytics, could be reduced by half.

21 March 2015

KazMunaiGas Exploration and Production profits falls by 67 percent in 2014 Profits of Kazakhstan's largest oil production company fall in 2014.

11 March 2015

Board of Directors of KazMunaiGas EP changes The Board of Directors of KazMunaiGas Exploration and Production (KMG EP) has changed following the extraordinary general meeting of its shareholders.

15 January 2015

KazMunaiGas subsidiary to produce 12 million tons of oil in 2015 The subsidiary of Kazmunaigas, KazMunayGas Exploration and Production plans to produce 12 million tons of oil in 2015.

29 December 2014

Kazakh Vice Prime Minister visits Berezovka village after mass poisoning of children Deputy Prime Minister of Kazakhstan Berdybek Saparbayev has visited Berezovka village located just several kilometers away from the major oil and gas field Karachaganak, where emissions of hydrogen sulfide took place shortly before the incident.

16 December 2014

KazMunaiGas to enhance oil recovery at old oilfields KazMunaiGas, the national oil company of Kazakhstan, presented a new project of enhanced oil recovery at the Annual Caspian Technical Conference and Exhibition of the Society of Petroleum Engineers (SPE) in Astana.

25 November 2014

Dropping oil prices cast a shadow of unprofitability over Kashagan The falling oil prices put the entire Kashagan project in question. Kashagan is a huge oil field located in Kazakhstan's sector of the Caspian Sea.

07 November 2014

Oil production may steadily decline in Kazakhstan over the next decade: KazMunaiGas Vice Chairman KazMunaiGas Vice Chairman Tiyesov has spoken in the Mazhilis informing the deputies that Kazakhstan will face a decline in oil production should no new fields be discovered in the upcoming decade.

07 November 2014

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