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
Commodities giant Glencore cut its copper and zinc production in the first quarter as it struggles to rein in the abundance of supply.
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.
Iran announced a major boost in oil production on Monday after the lifting of sanctions under its nuclear deal.
In spite of a massive depreciation of the Kazakh tenge, further measure need to be taken to help the domestic manufacturers in Kazakhstan.
Kazakh National Holding Baiterek has signed an agreement with Peugeot Citroën to set up full-cycle assembly of cars in Kostanay, Kazakhstan.
Kazakhstan and Ukraine have signed an agreement on cooperation in aviation.
10th Eurasian KazEnergy Forum has gathered 2000 participants for three days in Kazakhstana's Astana city.
Kurmangazy Iskaziev has been appointed the new General Director (CEO) of the Kazmunaigas Exploration and Production
General Director of KazMunayGas Exploration Production JSC (KMG EP) Abat Nurseitov has resigned from his post.
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.
Construction of a hazardous waste recycling plant is planned in Pavlodar.
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.
Director of the McKinsey Global Institute says that Kazakhstan needs to develop food supply chains.
Saudi Arabia has expressed interest in importing grain from Kazakhstan.
President Nursultan Nazarbayev believes Kazakhstan has enough oil even without Kashagan oil field at the Caspian sea.
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.
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.
Serial production of electromobiles has been postponed for an unspecified period of time, though promises were made of a quick launch.
Projects for expansion of production capacity at Tengiz oil and gas field in Western Kazakhstan have seen their price tag soar. By $15 billion!