News about KazMunaiGas

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.
18 May 2012
Kazakhstan sold LUKOIL geological materials worth $3 million The company had bought geological materials that are now available to all our colleagues: LUKOIL President.
18 May 2012
Pilot oil production at Kashagan to start by year end Everything will be completed and pilot exploitation will start by the end of the year: KazMunaiGas chairman.
17 May 2012
KazMunaiGas and LUKOIL to sign cooperation agreements The memorandum of understanding and cooperation agreements will be signed between KazMunaiGas and LUKOIL.
16 May 2012
KMG mulls relocation of two villages in Atyrau oblast for $36 million KazMunaiGas EP is considering allocation of 5.4 billion tenge for relocation of the citizens of Baishonas and Yeskene in Atyrau oblast.
04 May 2012
KazMunaiGas National Oil and Gas Company to join the top 30 global oil majors by 2022 As of now the Company is among the top 50 global oil and gas companies.
04 April 2012
KazMunaiGas halved its top management KazMunaiGas National Oil company has completed optimization of its central headquarters' structure.
02 April 2012
KazMunaiGas will open hotel in Georgia in October 2012 Medical and health-improvement hotel Borzhomi-Likani owned by KazMunaiGas-Service will open in October 2012.
26 March 2012
KazMunaiGas fined 500 million tenge in Pavlodar KazMunaiGas was mulct by 470 million tenge ($3.2 million) in Pavlodar.
19 March 2012
KazMunaiGas cut a quarter of managerial jobs Managerial personnel of KazMunaiGas National Oil Company has been axed by 23 percent.
18 March 2012
KMG failed to produce over 1 million tons of oil in Zhanaozen strikes KazMunaiGas failed to produce over 1 million tons of oil because of Zhanaozen strikes.
20 February 2012
KazMunaiGas reshuffled KazMunaiGas National Oil Company has been reshuffled.
16 February 2012
KazMunaiGas may merge with KazMunaiGas Exploration and Production In the nearest future we will consider all possible optimization options within Samruk-Kazyna: Umirzak Shukeev, Head of the Samruk-Kazyna Sovereign Wealth Fund.
16 February 2012
KazMunaiGas to lay off 25% of its headcount January 27, 2012 President Nazarbayev instructed Umirzak Shukeev, Head of Samruk-Kazyna Sovereign Wealth Fund, “to optimize the headcount of ministries, regional governors’ offices.
14 February 2012
Kazakhstan national companies comment expected job cuts Managers of Kazakhstan Temir Zholy, KazAtomProm and KazMunaiGas spoke about the current and future optimization of their structures.
03 February 2012
Job cuts expected in KazMunaiGas headquarters At the same time the number of production units is expected to be increased.
03 February 2012
KazMunaiGas announces oil production plans Earlier Kazakhstan’s Minister of Oil and Gas Sauat Mynbayev reported that Kazakhstan planned to produce a total of 83 million tons of oil and condensed gas.
02 February 2012
Kazakhstan PM refuted gossips on reorganization of Samruk-Kazyna Kazakhstan Prime-Minister Karim Massimov refuted the gossips about transferring of KazMunaiGas and Kazakhstan Temir Zholy to respective ministries. Commented People's IPO plans and Kashagan budget.
23 January 2012
2012 aviation fuel shortages estimates Estimated aviation fuel consumption makes up about 600 000 tons.
19 January 2012
Aviation fuel shortages explained Production of kerosene has come to normal. No shortages can be seen. In January a total of 32 500 tons have been produced.
18 January 2012
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