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Israeli company to set up beef production near Almaty

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Representatives of Israeli company LR Group have signed an agreement with Kazakhstan’s National Managing Holding KazAgro to construct a beef-producing facility facility near Almaty, KazTAG reports citing IzRus.


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Kazakhstan confirms discovery of two offshore fields in Caspian Sea

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Two offshore fields have been discovered at the Caspian Sea in Kazakhstan for the first time after discovery of the giant Kashagan field, Tengrinews.kz reports citing chairman of Geology and Subsoil Use Commission of Kazakhstan Ministry of Industry and New Technologies Bazarbai Nurabayev.


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Kazakhstan Parliament adopts agreement on Russian oil supplies to Pavlodar refinery

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Kazakhstan Parliament has ratified an agreement between Russian and Kazakhstan governments on trade cooperation in oil supplies. Russian oil supplies will now be guaranteed for Pavlodar refinery in Kazakhstan, Tengrinews.kz reports.


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Statoil begins oil production in North East stream oil field

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Norwegian energy provider Statoil and its partners have started production from the Vigdis North-East oil field located in the southern North Sea.


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Kazakhstan copper tycoon to leave his post in Kazakhmys in May

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Chairman of Kazakhmys Vladimir Kim will leave his post after the general meeting to be held in May 2013, the company’s press-service writes.