Kazakhstan Oil Ministry fines subsoil users 350 million tenge
Since 2010 Kazakhstan has a right to impose penalties on companies for nonperformance of contract obligations on local content: Ministry.
'Xena' actress fined over New Zealand oil protest
"Xena: Warrior Princess" actress Lucy Lawless was fined in a New Zealand court Thursday for boarding a ship with environmentalists last year in protest at plans to search for oil off Alaska.
S. Korea president's brother gets two-year jail term
A South Korean court on Thursday sentenced the elder brother of President Lee Myung-Bak to two years in jail after convicting him on corruption charges.
HSBC to pay $249 mn fine for US mortgage abuse
British bank HSBC has agreed to pay $249 million in compensation to home-loan borrowers hurt in the massive US mortgage and foreclosure scandal.
US fines Transocean $1.4 bn over Gulf oil disaster
The United States hit drilling rig operator Transocean with $1.4 billion in criminal and civil fines Thursday for its role in the 2010 Deepwater Horizon disaster in the Gulf of Mexico.
Mitsubishi Bank fined $8.6 mn for flouting US sanctions
Mitsubishi UFJ, Japan's biggest bank, must pay US authorities a fine totaling some 8.6 million dollars for flouting US sanctions on Iran, Sudan, Myanmar and Cuba.
BP to pay record $4.5 bn fine over US oil spill
BP agreed Thursday to pay a record $4.5 billion in US fines for the 2010 Gulf of Mexico oil spill and pleaded guilty to 14 counts including felony manslaughter in the deaths of 11 workers.
Citi fined $2 mn over Facebook IPO leak
US banking giant Citigroup paid a $2 million fine to a state regulator and fired a junior analyst over a probe into leaks of confidential information on Facebook's public offering.
Ministry of Transport: China-made trucks damage Kazakhstan roads
China-made trucks that ride Kazakhstan highways destroy the road’s surface: Kazakhstan Ministry of Transport.
Beeline fined $1 million
KaR-Tel cellular operator has been fined $1 million for setting a threshold for connection to international roaming service.
Standard Chartered fined $340m over Iran deals
Standard Chartered on Tuesday settled allegations that it helped Iranian clients dodge US sanctions, announcing a fine of $340 million from a New York banking watchdog.
Former Blackwater fined $7.5 mn over US arms case
The security firm formerly known as Blackwater has agreed to pay a fine of $7.5 million to avoid US prosecution for smuggling arms, the Justice Department said in a statement Tuesday.
ArcelorMittal Temirtau fined for environmental damages
ArcelorMittal Temirtau and Central Asia Cement have been fined over 57 million tenge for ecology damage.
Aktobe oil company fined 500 million tenge for emissions
Kazakhoil Aktobe reimbursed the state with 445 million tenge ($3 million) for the environmental damaged caused by excessive gas flaring.
Oil-producing companies will pay 400 million tenge in fines: Kazakhstan Oil and Gas Ministry
The list of penalized companies will be published on the website of the Oil and Gas Ministry in the beginning of April.
KazMunaiGas fined 500 million tenge in Pavlodar
KazMunaiGas was mulct by 470 million tenge ($3.2 million) in Pavlodar.
Fines for poor-quality goods will increase 5-fold in Kazakhstan
Fines for producing low-quality goods may be increased 5-fold in Kazakhstan.
A British fined for debauch in Astana airport
Astana court announced its ruling on the case against the British citizen who made a debauch in the airport of Astana.
TengizChevroil fined 2 billion tenge
TCO made a blow-out of unconditioned gas exceeding the standards in July 2010.
Tengizchevroil pays penalty for gas flaring
Oil production output at Tengiz in 2010 made up 26 million tons.
