KazakhTurkMunay LLP, a subsidiary of National Company KazMunayGas (KMG), has begun drilling the first exploratory well, 3,000 meters deep, at the Karazhar block in the Aktobe region, KMG said in a press release. …
Kazakhstan's national oil and gas company KazMunayGas and Italy's Eni have begun construction of a 247 MW hybrid power plant, which will operate on solar, wind and gas energy, in the city of Zhanaozen in …
Azerbaijan and Kazakhstan agreed to increase oil supplies. It will be gradual. The parties also agreed to transport oil via the BTC.
Kazakhstan continues energy negotiations with Azerbaijan
Astana counts on filling the Baku-Tbilisi-Ceyhan pipeline
Energy majors developing the Karachaganak gas condensate field will pay $1.1 billion to Kazakhstan to settle a profit-sharing dispute, Kazakhstan's Energy Ministry said. Kazakhstan and the consortium led by Shell and Eni will also …
Astana took protective measures to secure its own energy sector
Energy Minister says Kashagan would produce some 200,000 bpd in H2 2018, and then possibly 300,000 bpd by year-end. “Today, our daily production rate is 1.8 million barrels…we are not …
Kazakhstan is exploring options with Azerbaijan on finding new export outlets for its mounting natural gas production as an alternative to existing routes to the international market
The limit set on sale of fuel oil from gas stations of Kazakhstan's energy giant KazMunaiGaz will be withdrawn at the end of the week, Senior Vice President for Sales & Marketing at the company, Azamat Zhangulov, …
The International Ratings Agency Fitch Ratings expects that the Tengizchevroil (TCO) expansion will result in a lower dividend stream to the Kazakh state-owned National Company KazMunaiGas, which owns a 20% stake in TCO, over the medium term. …
The new composition of the board of directors of the Kazakh oil company KazTransOil has been approved. The Deputy Chairman of the Management Board for Corporate Development of KazMunayGas, Daniyar Berlibayev, was elected as its new …
The Board of Directors of the leading oil company of Kazakhstan, JSC KazMunaiGas Exploration Production (KMG EP), announces that Kurmangazy Iskaziev has been appointed General Director of KMG EP. He previously held the position …
Kazakh national oil and gas company KazMunaiGas has sold 58,420,748 common shares at the Kazakh Stock Exchange. The auction was attended by 2 members and was implemented by the British trading. The deal amounted to …
The National Bank of Kazakhstan will become one of the shareholders of the KazMunaiGas national oil and gas company. The country’s Samruk-Kazyna National Welfare Fund, which owns 100% share of the company, will sell 10% block …
