News about KazMunaiGas

KazMunayGas and KC Kazakh B.V. of South Korea agree on a drill rig at jointly developed Zhambyl oil block Early next year the drill rig will be delivered to the Caspian Sea in separate blocks.
25 August 2011 19:21
KazMunayGas announces H1 2011 results The Company accounts for 65% of overall oil transportation, 100% of gas transportation, 50% of tanker transportation in Kazakhstan. 100 per cent of the Company’s shares belong to the National Sovereign Wealth Fund Samruk-Kazyna.
23 August 2011 00:32
KazMunayGas National Oil and Gas Company obtains a syndicated loan worth $1 billion The agreement was signed July 15.
04 August 2011 09:07
KazMunaiGas EP annual oil production output may fall 6% due to industrial action According to the Company, production output is currently 366 000 tons of oil behind the schedule.
28 July 2011 03:45
H1 2011 KazMunaiGas EP oil production output 3% down The Company cited inclement weather conditions and protests at Ozenmunaigas as the main reasons behind the production drop.
07 July 2011 15:58
KazMunaiGas National Oil and gas Company is not running a People’s IPO so far The Company owns too many strategic assets in Kazakhstan – gas and oil pipeline networks, stakes in oil refineries: Malik Salimgereev, Director for Oil and Gas Assets Management at Samruk-Kazyna.
17 June 2011 00:27
KazMunaiGas to boost financing of innovation projects 100 times by 2015 Currently we spend about $0.68 million on R&D. We plan to increase the figure almost 100 times by 2015: Company’s Head Kairgeldy Kabyldin.
16 June 2011 14:03
KazMunaiGas purchased Aktaunefteservis for $334 million KazMunaiGas National Oil Company purchased 100% stake in Aktaunefteservis.
13 June 2011 16:16
Indians planning to buy ExxonMobil's stake in Kashagan project Oil & Natural Gas Corp and GAIL India Ltd. are planning to buy part of ExxonMobil's stake in the project developing Kashagan oil field.
09 June 2011 13:51
KazMunaiGas Chairman of the Board Kairgeldy Kabyldin reports to President Nazarbayev on the Company’s progress He also briefed the President on the Company’s plans for the year and prospects of development up to 2020.
02 June 2011 00:43
KazMunaiGas may transfer its share in Kashagan to KazMunaiGas EP KazMunaiGas national Oil Company does not rule out transferring its share in Kashagan to its subsidiary KazMunaiGas EP, KMG President Kairgeldy Kabyldin said in Almaty May 26.
26 May 2011 14:16
KazMunaiGas to bring Kazakh content in procurement to KZT 387 billion KazMunaiGas National Oil Company is planning to bring Kazakh content in procurement to 387 billion tenge.
23 May 2011 19:08
KazMunaiGas National Oil Company Q1 2011 results Oil and condensed gas production for the period made up 5.4 million tons, 2% up against the same period of 2010.
12 May 2011 09:52
KazMunaiGas EP exiting negotiations over Akkas gas field in Iraq KazMunaiGas Exploration Production was established in March 2004 and is among the top three oil producers in Kazakhstan.
11 May 2011 16:07
Q1 2011 KazMunaiGas Exploration Production net profit 14% up against 2010 The growth was mostly spurred by 33% oil sales price growth (from $64.64 to $86.61 per barrel).
10 May 2011 16:18
Wages of KazMunaiGas top managers unveiled Top managers of national oil and gas company KazMunaiGas have revealed their salaries and bonuses.
10 May 2011 11:59
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