KMG EP increased profit by 5% in January-September
Net profit of KazMunaiGas Exploration-Production in January-September 2012 went 5% up compared to the same period last year and made $1.2 billion.http://en.tengrinews.kz/admin/news/edit/14653/
KMG is selling out its assets and facilities
KazMunaiGas National Company will sell around 20 non-core assets and 349 non-core facilities within several years.
Mynbayev appointed chairman of KazMunaiGas board
Samruk-Kazyna’s board decided to terminate the authorities of KMG board chairman Umirzak Shukeyev ahead of time.
KazMunaiGas tripled dividends on common shares
The total payment for 2011 makes 142 billion tenge ($946.8 million).
KazMunaiGas' prospects remain optimistic even in pessimistic scenario
Production of oil and gas condensate will grow 1.6-fold in Kazakhstan by 2022: KazMunaiGas chairman.
KazMunaiGas to invest over $6 billion in refineries modernization
Reconstruction and modernization of Kazakhstan’s oil refineries is the most important priority in development of the sector and our economy: KazMunaiGas chairman.
Kazakhstan President meets Gazprom chairman
Kazakhstan President Nursultan Nazarbayev has met with chairman of Gazprom Aleksey Miller.
Rompetrol fully switched to Euro-5 fuel production
Rompetrol has successfully completed modernization of Petromidia oil refinery and switched to production of Euro-5 fuel.
Serik Sultangali appointed Director General of KazTransGas
Sultangali had already been Director General of KazTransGas in 2005-2007 and 2009-2011.
Rompetrol started drilling first well in Romania
Upstream division (exploration and production) of Rompetrol group starts drilling the first exploration well at Fokshani block in Romania.
EP KazMunaiGas produced 6 million tons of oil in 6 months
The production results are 354 thousand tons (4 percent) less than in the same period of 2011.
Naftogas and Rompetrol to build 700 petrol stations in Ukraine
Naftogaz of Ukraine and Rompetrol signed a memorandum of intent to create a joint company for oil products marketing in Ukraine.
President Nazarbayev called KazMunaiGas to improve analysis and forecasts
KazMunaiGas oil and condensed gas production in 2011 totaled 21.1 million tons. Plans are to produce 21.9 million tons in 2012.
KazMunaiGas will spend $3 billion on geological exploration in 5 years
KazMunaiGas will invest 500 billion tenge into geological exploration of promising blocks in the nearest 5 years.
Kazakhstan floats its first Kazakhstan-made drilling rig
KazMunaiGas, along with KNOC, completed manufacturing of a submersible drilling barge Caspian Explorer; it was officially floated on June 14.
Second and third phases of Kashagan development will start on time
The second and third phases of the project will start on time and the profitability of the field time-wise is estimated until 2112: KazMunaiGas.
KazMunaiGas calculates profits from oil dispatches via Romanian marine terminal
Having created a direct link between the terminal and refinery we have optimized the oil supply process and significantly decreased technological losses and costs: KMG.
New head of Rompetrol Group appointed
Former head of KazMunaiGas-Processing and Marketing Zhanat Tussupbekov was appointed Director General of Rompetrol Group.
LUKOIL wants to complete negotiations on Khvalynskoye field by year end
Joint teams are working, the license has been obtained, so we hope that the negotiations process will be completed by the end of this year: LUKOIL President.
Kazakhstan sold LUKOIL geological materials worth $3 million
The company had bought geological materials that are now available to all our colleagues: LUKOIL President.