production site.news_by_theme

Photo courtesy of Shutterstock
'Enormous' inventories to keep lid on oil price: IEA

A huge overhang in oil stocks will keep a cap on any further oil price rises even as supply and demand move towards balance: IEA

'Enormous' inventories to keep lid on oil price: IEA
©Reuters
Glencore cuts copper, zinc production to counter glut

Commodities giant Glencore cut its copper and zinc production in the first quarter as it struggles to rein in the abundance of supply.

Glencore cuts copper, zinc production to counter glut
OPEC warns on oil 'oversupply' ahead of crunch Doha meeting
OPEC warns on oil 'oversupply' ahead of crunch Doha meeting

OPEC warned that the world remains awash with crude ahead of a crunch meeting in Doha to discuss a production freeze to boost the oil price.

OPEC warns on oil 'oversupply' ahead of crunch Doha meeting
Iran boosts oil production by 500K, condemns new sanctions
Iran boosts oil production by 500K, condemns new sanctions

Iran announced a major boost in oil production on Monday after the lifting of sanctions under its nuclear deal.

Iran boosts oil production by 500K, condemns new sanctions
©Turar Kazangapov
Tenge depreciation not enough to help Kazakh exporters

In spite of a massive depreciation of the Kazakh tenge, further measure need to be taken to help the domestic manufacturers in Kazakhstan.

Tenge depreciation not enough to help Kazakh exporters
Photo courtesy of Baiterek Holding
Peugeot Citroёn launches full-cycle automobile production in Kazakhstan

Kazakh National Holding Baiterek has signed an agreement with Peugeot Citroën to set up full-cycle assembly of cars in Kostanay, Kazakhstan.

Peugeot Citroёn launches full-cycle automobile production in Kazakhstan
Photo courtesy of opoccuu.com
Kazakhstan partners with Ukraine in military and civic aviation

Kazakhstan and Ukraine have signed an agreement on cooperation in aviation.

Kazakhstan partners with Ukraine in military and civic aviation
Vice Minister of Energy Uzakbay Karabalin. Photo courtesy of primeminister.kz
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.

Optimistic forecasts for Kazakhstani oil sector: 10th KazEnergy Forum
Kurmangazy Iskaziev. Photo courtesy of KMG EP Public Relations
New CEO appointed at Kazmunaigas EP

Kurmangazy Iskaziev has been appointed the new General Director (CEO) of the Kazmunaigas Exploration and Production

New CEO appointed at Kazmunaigas EP
Abat Nurseitov. Photo courtesy of KMG EP press office
CEO of KazMunayGas Exploration Production resigns

General Director of KazMunayGas Exploration Production JSC (KMG EP) Abat Nurseitov has resigned from his post.

CEO of KazMunayGas Exploration Production resigns
Photo © REUTERS
KazMunayGas to sell half of its Kashagan share to Samruk-Kazyna

KazMunayGas JCS (KMG) is selling 50% of the company’s share in Kashagan to the National Welfare Fund Samruk-Kazyna of Kazakhstan for almost $4.7 billion.

KazMunayGas to sell half of its Kashagan share to Samruk-Kazyna
Controversy around future hazardous waste recycling plant in Pavlodar

Construction of a hazardous waste recycling plant is planned in Pavlodar.

Controversy around future hazardous waste recycling plant in Pavlodar
Photo courtesy of replyua.net.ua.
Food in Kazakhstan is very delicious: EBRD President Sir Suma Chakrabarti

According to EBRD President Sir Suma Chakrabarti, food in Kazakhstan is very delicious and the best wheat in the world grows in this Central Asian country.

Food in Kazakhstan is very delicious: EBRD President Sir Suma Chakrabarti
Richard Dobbs. Photo courtesy of saudiaee.org
Kazakhstan should become food supplier: McKinsey's Dobbs

Director of the McKinsey Global Institute says that Kazakhstan needs to develop food supply chains.

Kazakhstan should become food supplier: McKinsey's Dobbs
©Tengrinews.kz
Saudi Arabia interested in importing Kazakh grain

Saudi Arabia has expressed interest in importing grain from Kazakhstan.

Saudi Arabia interested in importing Kazakh grain
Photo © Turar Kazangapov
Kazakhstan has enough oil, even without Kashagan: Nazarbayev

President Nursultan Nazarbayev believes Kazakhstan has enough oil even without Kashagan oil field at the Caspian sea.

Kazakhstan has enough oil, even without Kashagan: Nazarbayev
©Tengrinews
Sanctions reciprocation and ruble trouble affect Kazakhstan

Kazakhstani political scientist Dosym Satpayev points to the sanctions against Russia and the ruble trouble as having effect on exports and domestic production in Kazakhstan.

Sanctions reciprocation and ruble trouble affect Kazakhstan
Photo courtesy of foodsafetyhelpline.com.
Producers of milk and butter mislead consumers: Kazakhstan's Agriculture Minister

Kazakhstan’s Minister of Agriculture Asylzhan Mamytbekov has talked about dairy products, particularly milk and butter, at the Food Security Conference held in Astana on March 13.

Producers of milk and butter mislead consumers: Kazakhstan's Agriculture Minister
©REUTERS
Serial production of electric vehicles in Kazakhstan postponed

Serial production of electromobiles has been postponed for an unspecified period of time, though promises were made of a quick launch.

Serial production of electric vehicles in Kazakhstan postponed
TengrizChervrOil capacity expansion soars by $15bln
TengrizChervrOil capacity expansion soars by $15bln

Projects for expansion of production capacity at Tengiz oil and gas field in Western Kazakhstan have seen their price tag soar. By $15 billion!

TengrizChervrOil capacity expansion soars by $15bln