Italy's prime minister heads to Kazakhstan on Sunday with oil company Eni's talks with Kazakh authorities over the giant Kashagan field expected to top his agenda...
Reuters: Chevron-Led Oil Venture to Fight Kazakh Fine
A Chevron-led oil venture in Kazakhstan denied on Thursday it was violating environmental laws and said that it will fight a $609 million fine imposed on it by the government...
CNN Money: Italy PM, Kazakhstan To Discuss Subsurface Bill
Italian Prime Minister
The Financial Times: Prodi Juggles Twin Roles in Kazakhstan
Romano Prodi, Italy’s prime minister, takes a 200-strong business delegation to Kazakhstan this weekend while facing the tricky task of lobbying for foreign investors without politicising the dispute over the development of the giant Kashagan oilfield by an Italian-led consortium...
Interfax: Russia, Kazakhstan May Set Up Direct Investment Fund
The chairman of Russia's Bank for Development and Foreign Economic Affairs (Vnesheconombank) suggested on Thursday that his bank and the Kazakhstan Bank for Development set up a joint direct investment fund to finance projects, mainly infrastructural, in both countries...
TREND: EBRD May Acquire a Stake in Kazakhstan Investment Fund
The European Bank for Reconstruction and Development (EBRD) studies an opportunity to acquire a stake in the registered capital of Kazakhstan Investment Fund incorporated in Kazyna Fund of Sustainable Development...
ITAR-TASS: Putin, Nazarbayev to Head Forum of RF, Kazakhstan Border Regions
Russian President Vladimir Putin arrived here on Thursday. The Russian president and his Kazakh counterpart Nursultan Nazarbayev will head the fourth forum of border regions of the countries...
Kommersant: Kazakh President Puts Brakes on Relations with Russia
Russian President Vladimir Putin met with Kazakh President Noursultan Nazarbaev yesterday at the annual border regions forum in Novosibirsk. Kommersant special correspondent Andrey Kolesnikov was struck by tense atmosphere at the meeting, which had never been there before...
Kommersant: Standard & Poor's Reconsiders Kazakhstan
Standard & Poor's rating agency lowered Kazakhstan's credit rating from “stable” to “negative” yesterday. The scale of the foreign crediting boom in that country concerns the agency, and it may lower Kazakhstan's country rating on October 9...
AFP: Kazakh Leader Urges Major Investment in New Pipeline Route
Russian President Vladimir Putin and Kazakh counterpart Nursultan Nazarbayev held talks on Thursday to speed construction of a key Central Asian gas pipeline, as rivalry over the region's energy riches intensifies...
Reuters: Kazakhstan Fines U.S. Energy Firm AES $200 Million
Kazakh regulators plan to fine U.S. energy company AES Corp. $200 million due to violations of the central Asian state's anti-monopoly legislation, an official said on Friday...
EurasiaNet Insight: Kazakh Minister Pins Hope on Talks in Row over Italian-Run Oil Project
Kazakh Minister of Energy and Mineral Resources Sauat Mynbayev hopes that outstanding issues as regards the Kashagan [oil] project will be settled through negotiations...
International Herald Tribune: High Energy Thursday: More Energy Follies from Sovietland
Just when you think you’ve seen it all, well, perhaps you really have - because soon you’re seeing it all again. Just have a look at the energy games being played by Kazakhstan, Russia and the Ukraine. How long can they keep playing politics with their natural resources? ...
Gazeta.KZ: Strict Sanctions Will Be Used Against AgipKCO If the Company Does Not Fulfill the Environmental Protection Legislation
The Minister of Environment Protection of the Republic of Kazakhstan promises to apply strict sanctions to Agip KSO Consortium if the company does not fulfill the environment protection legislation, as reported by KZ-today correspondent...
BBC News: World Bank Airs Kazakh Concerns
A World Bank official has expressed concerns about Kazakhstan's attitude to foreign investment after a series of disputes with top energy companies...
Forbes: Kazakhstan's Kazkommertsbank Ratings on Review for Possible Downgrade
Moody's Investors Service placed under review for possible downgrade the ratings of Kazkommertsbank (KKB) of Kazakhstan, citing concerns regarding KKB's rapid growth over the last few years, as well as the suitability of the bank's business model in light of the recent turbulence in the international capital markets...
Reuters: Tethys to Start Kazakh Gas Production Soon
Tethys Petroleum, an independent upstream energy firm working in Kazakhstan, is on track to start pumping gas in the Central Asian state next month and gradually triple production over the next few years...
Radio Free Europe / Radio Liberty: CIS Ministers Wrestle With Labor Migration Problem
Labor migration was high on the agenda of a Commonwealth of Independent States (CIS) foreign ministers' meeting today in the Tajik capital...
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