International Herald Tribune: Kazakhstan Demands That Eni Cede Some Control over the Kashagan Field
Kazakhstan demanded that Eni and the Italian company's partners cede some control over the Kashagan field after failing to meet cost targets and production deadlines at the biggest oil discovery in more than three decades...
Radio Free Europe / Radio Liberty: Kazakhs Announce Probe Into Russian Rocket Crash
An unmanned Russian rocket has crashed after blasting off from the Baikonur Space Center in Kazakhstan...
Associated Press: Rocket Crash Prompts Environment Concern
An unmanned Russian rocket carrying a Japanese communications satellite malfunctioned after liftoff Thursday, sending parts crashing in an uninhabited part of Kazakhstan and triggering concerns about environmental damage...
The Financial Times: 'Acceptability' Is Total's Growth Model
Christophe de Margerie, the chief executive of Total, remembers forecasting a troubled future for hisindustry when he heard a few years ago that oil had reached $33 a barrel...
The Financial Times: Max Petroleum Options Probe Sparks Suspension
Max Petroleum, the oil and gas minnow with assets in Kazakhstan, yesterday suspended Steve Kappelle, its chief executive, pending a probe into share option breaches...
Eurasia Daily Monitor: Kyrgyzstan Faces Rampant Inflation for Food Products
In the past few weeks Kyrgyzstan has endured steadily rising food prices. According to estimates by the Kyrgyz parliament, roughly 500,000 people, the poorest stratum of the population, are directly affected by increased prices for bread and other basic products. The Kyrgyz government blames neighboring Kazakhstan and Russia for raising prices for wheat, but some critics think that the food crisis is caused by corruption, the government’s inability to foresee inflation, and the lack of a coherent economic strategy in Kyrgyzstan...
Hemscott: BG Group's Kazakh Head Affleck Says Contracts Must Be Upheld
BG Group Plc's president and general manager for Kazakh operations, Lewis Affleck, said that the inviolability of contracts must be maintained in order for Kazakhstan to continue to attract foreign investment, Interfax reported...
International Herald Tribune: AP Interview: Oil Tycoon Says Kazakh-Owned Rompetrol to 'Aggressively' Pursue Balkan Purchases
Romanian oil tycoon Dinu Patriciu, who recently sold a controlling stake in the country's second-largest oil company to Kazakhstan state company KazMunaiGaz, said Thursday the company now needed to "aggressively" pursue other acquisitions in the Balkans...
Rigzone: Caspian International Oil to Begin Drilling at Zhetybay Field in Early 2008
Caspian International Oil has commenced interpretation of recently completed 3D seismic survey program on the Northwest Zhetybay oil field in western Kazakhstan, which is operated by its exploration and production subsidiary Kor-Tazh...
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