Kazakhstan's national companies face major restructuring
Kazakhstani national companies will soon be facing a major restructuring.
Kazakhstan revises 2015 inflation rate forecast
Minister of National Economy Yerbolat Dossayev announced the increase of inflation corridor from 6-8 percent to 8-10 percent for 2015.
Standard & Poors no longer takes Kashagan into account when assigning ratings to Kazakhstan
The project is likely to be regarded as ad addition to the current economic growth model that has been recently shaped: S&P’s Associate Director Karen Vartapetov.
Iran and China to join construction of Kazakhstan's oil refinery
Kazakhstan is to construct its fourth oil refinery in cooperation with Iran and China.
OPEC chief confident of a balanced oil market in 2016
OPEC is confident that the oil market will be "more balanced" next year as non-OPEC production has contracted and global demand is increasing.
Kazakhstan mulling privatization of oil refineries
Oil production in Kazakhstan in 2014 stood at 73.7 million tons. The three Kazakhstan-based oil refineries produced a total of 3.02 million tons of petrol.
Optimistic forecasts for Kazakhstani oil sector: 10th KazEnergy Forum
10th Eurasian KazEnergy Forum has gathered 2000 participants for three days in Kazakhstana's Astana city.
New CEO appointed at Kazmunaigas EP
Kurmangazy Iskaziev has been appointed the new General Director (CEO) of the Kazmunaigas Exploration and Production
Clinton stands against controversial Keystone pipeline
After declining for months to announce her position on a major Canada-to-US oil pipeline, Democratic presidential hopeful Hillary Clinton said Tuesday that she is opposed to the controversial project.
CEO of KazMunayGas Exploration Production resigns
General Director of KazMunayGas Exploration Production JSC (KMG EP) Abat Nurseitov has resigned from his post.
Kazakhstan still planning to resume production at Kashagan late 2016
Kashagan oil project in the Caspian offshore will be economically viable with oil rices standing at $100 per barrel, a Tengrinews.kz journalist reported earlier, citing Sauat Mynbayev, KazMunaiGas Chairman of the Board.
Petrol follows tenge in free float: Kazakhstan government stops regulating prices
After the announcement that Kazakhstan governoment was stopping price regulation for petrol, prices spiked throughout Kazakhstan.
Oil prices will continue falling: Kazakh economist
Kazakhstani economist Vladimir Telnov predicts that global oil prices will continue falling in the next 5 to 15 years.
Nazarbayev urges exporters to sell dollars at home
After the devaluation of the Kazakh national currency tenge, Kazakhstan president asked exporters to sell dollars at the domestic market.
Russia’s LUKOIL sells 50% in Caspian Investments Resources Ltd. to China’s Sinoptec
Caspian Investments Resources Ltd. is developing five oil field in Kazakhstan, notably Alibekmola, Kozhassai in Aktyubinsk oblast, Karakuduk, Severny Buzachi and Arman in Mangistau oblast.
Mass axing of oil worker taking place in Aktobe
Kazakh-Chinese oil company Velikaya Stena in Aktobe in Kazakhstan's west is laying off many workers.
Karachaganak Petroleum Operating fined for improper storage of waste
Karachaganak Petroleum Operating has been fined for improper storage of 64.22 tons of liquid waste at Karachaganak field.
'Chemical attack' descends upon Atyrau
Excess hydrogen sulfide emissions in Atyrau in western Kazakhstan cause headaches and suffocation among residents.
Next oil refinery in Kazakhstan to be built together with Iran
Deputy Akim of Kazakhstan's Mangistau Oblast declared that the fourth oil refinery in Kazakhstan would be built in cooperation with Iran.
Experts comment on Kazakh National Bank expanding tenge-dollar pegged corridor
Experts comment on the latest expansion of the tenge to dollar exchange rate pegged corridor in Kazakhstan.
