News about KazMunaiGas

KazMunaiGas crude and condensed gas production for the 11 months stands at 19.5 million tons By 2022 the Company plans to bring the crude production up to 35.4 million tons.
25 December 2012 13:28
Fitch Ratings upgrades KazMunaiGas rating to BBB Fitch has upgraded the long-term rating of Kazakhstan national oil and gas company KazMunaiGas.
26 November 2012 18:35
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/
22 November 2012 12:27
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.
21 November 2012 13:07
Mynbayev appointed chairman of KazMunaiGas board Samruk-Kazyna’s board decided to terminate the authorities of KMG board chairman Umirzak Shukeyev ahead of time.
12 October 2012 10:45
KazMunaiGas tripled dividends on common shares The total payment for 2011 makes 142 billion tenge ($946.8 million).
08 October 2012 15:57
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.
03 October 2012 15:21
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.
03 October 2012 12:06
Kazakhstan President meets Gazprom chairman Kazakhstan President Nursultan Nazarbayev has met with chairman of Gazprom Aleksey Miller.
02 October 2012 18:29
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.
02 October 2012 14:13
Serik Sultangali appointed Director General of KazTransGas Sultangali had already been Director General of KazTransGas in 2005-2007 and 2009-2011.
15 August 2012 12:53
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.
03 August 2012 15:35
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.
18 July 2012 17:04
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.
17 July 2012 18:47
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.
27 June 2012 17:59
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.
20 June 2012 19:48
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.
18 June 2012 15:49
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.
18 June 2012 15:22
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.
13 June 2012 16:07
New head of Rompetrol Group appointed Former head of KazMunaiGas-Processing and Marketing Zhanat Tussupbekov was appointed Director General of Rompetrol Group.
25 May 2012 20:45
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