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Photo ©RIA Novosti
Additional gas to be imported from Russia: KazMunaiGas Onimderi

KazMunaiGaz will import addition AI-92 gas from Russia to Kazakhstan.

Additional gas to be imported from Russia: KazMunaiGas Onimderi
Photo ©munaigaz.kz
Pavlodar Petrochemical Plant closes down for overhaul

Pavlodar Petrochemical Plant (PPP) has closed down for scheduled repair works.

Pavlodar Petrochemical Plant closes down for overhaul
7 Kazakh companies' credit rating outlook downgraded by S&P

Standard & Poor’s has revised outlook of 7 Kazakhstan national companies from Stable to Negative.

7 Kazakh companies' credit rating outlook downgraded by S&P
Nursultan Nazarbayev and Matteo Renzi. Photo courtesy of akorda.kz
Eni and KazMunaiGas to build shipyard at Caspian Sea

Italian Eni and Kazakhstan's KazMunaiGas will build a shipyard at the Caspian Sea.

Eni and KazMunaiGas to build shipyard at Caspian Sea
Photo © RIA Novosti
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.

KazMunaiGas discovers new oil
Kashagan oil field. ©Reuters
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.

Counting losses from Kashagan suspension
Photo ©REUTERS
New operating company for Kashagan

Kashagan project in Kazakhstan may get a new operatoring company in the nearest future.

New operating company for Kashagan
Abat Nurseitov. Photo courtesy of munayshy.kz
KazMunaiGas quits White Bear

JSC KazMunaiGas (KMG) decided to quit White Bear project.

KazMunaiGas quits White Bear
©focus-energetic.ro
Rompetrol Group renamed to KazMunaiGas International

The Rompetrol Group is being renamed to KazMunaiGas International.

Rompetrol Group renamed to KazMunaiGas International
KazMunaiGas headquarters. ©RIA Novosti
Subsidiary fined by twice the amount of KMG E&P's profit

The ecology fine of the sub-company of Exploration and Production KazMunaiGa twice more than the profit of the entire Kazakhstan Oil and Gas National Company.

Subsidiary fined by twice the amount of KMG E&P's profit
©Reuters
Kazakhstan wants sole operator for Russian petroleum products supplies

A KazMunaiGas subsidiary will be made the only operator managing petroleum products supplies from Russia.

Kazakhstan wants sole operator for Russian petroleum products supplies
©REUTERS
There is still uncertainty at Kashagan: KazMunaiGas National O&G Company Head

For Kazakhstan the situation might be not so bad; however, it has consequences for the Company: Sauat Mynbayev.

There is still uncertainty at Kashagan: KazMunaiGas National O&G Company Head
Photo courtesy of rompetrol.com
KazMunaiGas purchasing 26.7% in Rompetrol Rafinare

Expanded activities of Rompetrol in Romania will bolster KazMunaiGas’ strategic plans in the region and plans to enter the club of 30 largest oil and gas companies worldwide.

KazMunaiGas purchasing 26.7% in Rompetrol Rafinare
©REUTERS
Kazakhstan may oblige energy companies to prioritize supplies to local market

One of the pressing issues when constructing a 4th oil refinery in Kazakhstan is to ensure sufficient crude: Oil and Gas Minister.

Kazakhstan may oblige energy companies to prioritize supplies to local market
Uzakbai Karabalin. ©primeminister.kz
Kazakhstan to announce bidding contests for geological exploration at 8-9 oil blocks this year

Last year after a moratorium on geological exploration was lifted Kazakhstan held bidding contests for geological exploration at 3 oil blocks.

Kazakhstan to announce bidding contests for geological exploration at 8-9 oil blocks this year
Photo © RIA Novosty
Kazakhstan to cooperate with Vietnam in oil industry

Kazakhstan will cooperate with Vietnam in oil and gas.

Kazakhstan to cooperate with Vietnam in oil industry
The headquarters of KazMunaiGas National Oil and Gas Company. ©Danial Okasov
KazMunaiGas is getting foreign Vice-Chairman

A foreigner is going to be appointed as First Deputy Chairman of the Board of KazMunaiGas, Kazakhstan national oil and gas company.

KazMunaiGas is getting foreign Vice-Chairman
Photo a courtesy of RIA Novosty
Kashagan to produce 15 million tons of oil in 2022

In its Development Strategy, KazMunaiGas has set an optimistic target to produce 15 million tons of oil from the Kashagan field in 2022.

Kashagan to produce 15 million tons of oil in 2022
Photo courtesy of munaigaz.kz
KazMunaiGas to complete feasibility study to construct 4th oil refinery

Given the overhaul of the current 3 oil refineries, a new oil refinery may be needed only after 2025: Samruk-Kazyna Sovereign Wealth Fund Managing Director.

KazMunaiGas to complete feasibility study to construct 4th oil refinery
©REUTERS
KazMunaiGas to invest $4.5 billion into geological exploration in 2014-2019

By 2022 the Company’s proven recoverable reserves of oil and condensed gas should make up 1.413 billion tons as compared to 789.6 million tons as of the end of 2013.

KazMunaiGas to invest $4.5 billion into geological exploration in 2014-2019