KazMunaiGas
KMG EP first-half income falls 22% on forex
(SRI) - KazMunaiGas Exploration Production (KMG EP), the London-traded subsidiary of Kazakhstan’s national oil and gas company, said its net income fell 22% in the first half of the year, as compared to the same period in 2009 when the sudden devaluation of the Kazakh currency yielded a large forex gain.
KazMunaiGas to increase output by 14% in 2010 - CEO
(SRI) - KazMunaiGas (KMG), the national oil and gas company, plans to increase crude oil production by 14% in 2010, the company’s CEO Kairgeldy Kabyldin said on Friday.
KMG EP first half crude output up 11 percent
(SRI) - KazMunaiGas Exploration and Production (KMG EP) increased crude oil output by 11 percent year-on-year in the first half of 2010, following the acquisition of a stake in PetroKazakhstan, the company said on Wednesday.
KMG EP to buy stakes production units, bonds for $2.25 billion
(SRI) - KazMunaiGas Exploration Production (KMG EP), the London-traded subsidiary of Kazakhstan’s national oil company, plans to buy stakes in three Kazakh production units and bonds from its parent company for $2.25 billion, the oil producer said in a statement.
KazMunaiGas to sell refinery to TNK-BP
(SRI) - KazMunaiGas, Kazakhstan’s national oil and gas company, has reportedly reached an understanding to sell a 50-percent stake in Kazakhstan’s largest oil refinery to TNK-BP, BP’s Russian oil venture, Reuters said on Friday citing industry sources.
KMG to raise output in 2010; mulling IPO
(SRI) - KazMunaiGas (KMG), Kazakhstan’s national oil and gas company, plans to raise crude output by 14 percent in 2010 to 21.4 million tons from 18.7 million tons last year, chief executive Kairgeldy Kabyldin said on Tuesday.
KMG to sell Pavlodar refinery by end of 2010 - CEO
(SRI) - KazMunaiGas (KMG), Kazakhstan’s national oil and gas company, expects to find a buyer for a 50-percent stake in the Pavlodar refinery by the end of 2010, its chief executive Kairgeldy Kabyldin told journalists in Moscow on Tuesday.
KMG looking to sell 50-percent stake in refinery
(SRI) - KazMunaiGas (KMG), the national oil and gas company, said last week it was considering selling a 50-percent stake in the Pavlodar refinery to a Russian oil company.
Total, Statoil sign cooperation agreements with KazMunaiGas
(SRI) - France’s Total and Norway’s Statoil signed separate agreements with Kazakhstan’s oil and gas company KazMunaiGas to explore offshore blocks in the Caspian Sea.
Samruk-Kazyna considering KazMunaiGas IPO
(SRI) - Samruk-Kazyna, the state-owned holding and investment company, is considering the initial public offerings (IPOs) of three subsidiaries including the national oil and gas company KazMunaiGas, the company’s chief executive Kairat Kelimbetov said on Wednesday.
