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KazMunaiGas

BP Declined to Dive Back into Kazakh Oil Fields
March 15, 2021

BP Declined to Dive Back into Kazakh Oil Fields

By Catherine Putz
Last week, KazMunayGas published a letter sent by BP in October 2020 backing out of negotiations as the company looks to focus on renewables.

Kazakhstan Hopes to Net Greater Energy Profits with Karachaganak Agreement
October 03, 2018

Kazakhstan Hopes to Net Greater Energy Profits with Karachaganak Agreement

By Catherine Putz
The deal will see Kazakhstan receive a $1.1 billion payment and an amended production-sharing agreement.
Chinese Investor Disappoints Kazakhstan's National Oil Company
July 09, 2018

Chinese Investor Disappoints Kazakhstan's National Oil Company

By Paolo Sorbello
China's troubled CEFC will pass on a deal to buy a majority stake in KMGI, a subsidiary of Kazakhstan's Kazmunaigas.

Kazakhstan's Energy Company Continues to Borrow to Survive
April 30, 2018

Kazakhstan's Energy Company Continues to Borrow to Survive

By Paolo Sorbello
A recent Eurobond issue piles up on Kazmunaigas' debt, signaling just how dependent Kazakhstan's oil and gas giant is on borrowed capital.

Lawsuits Threaten Kazakhstan's Oil Money
January 12, 2018

Lawsuits Threaten Kazakhstan's Oil Money

By Paolo Sorbello
A business venture gone awry could have major repercussions for Kazakhstan's oil fund.

Kazakh Oil Workers Fall Victim to Low Oil Prices
August 13, 2015

Kazakh Oil Workers Fall Victim to Low Oil Prices

By Catherine Putz
Low oil prices are both an economic headache and a potential social powder keg.

How Does Kazakhstan Plan to Pay for the Olympics?
July 30, 2015

How Does Kazakhstan Plan to Pay for the Olympics?

By Catherine Putz
Astana says there's plenty of (oil) money in the bank.
Kashagan, Down But Not Out
January 11, 2014

Kashagan, Down But Not Out

By John C.K. Daly
The Kazakhstan oil field is massive, but getting it operating has been a nightmare.

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