Edition:
United States

Mariya Gordeyeva

Exclusive: Kazakhstan to seek damages from Transneft for tainted oil loaded in Ust-Luga

May 17 2019

NUR-SULTAN/MOSCOW Kazakh oil flowing via Russia to be loaded on tankers at the Baltic Sea port of Ust-Luga has been contaminated and Kazakhstan plans to seek compensation from Russian pipeline monopoly Transneft, a senior Kazakh energy official said.

EXCLUSIVE-Kazakhstan to seek damages from Transneft for tainted oil loaded in Ust-Luga

May 17 2019

NUR-SULTAN/MOSCOW, May 17 Kazakh oil flowing via Russia to be loaded on tankers at the Baltic Sea port of Ust-Luga has been contaminated and Kazakhstan plans to seek compensation from Russian pipeline monopoly Transneft , a senior Kazakh energy official said.

With energy exports depressed, Turkmens turn to towel smuggling

Apr 23 2019

ALMATY Beset by economic hardship, enterprising Turkmens have found a way to supplement their incomes - smuggling towels and bed linen into neighboring Kazakhstan.

'Grandpa has quit!': Kazakhs left reeling by veteran leader's resignation

Mar 20 2019

ALMATY When Nursultan Nazarbayev announced he was stepping down as president of Kazakhstan, many people in the ex-Soviet state, where more than half the population have known no other leader, did not know how to process the news.

Shuttered at home, cement plants bloom along China's new Silk Road

Jan 30 2019

HANGZHOU, China/SHIELI, Kazakhstan On a windswept steppe in southwestern Kazakhstan, the new Chinese-backed cement plant on the outskirts of the village of Shieli stands as a gleaming symbol to some of the Central Asian country's industrialization.

Exclusive: Kazakhstan urgently looking for bank to take over Tsesnabank - sources

Jan 25 2019

ALMATY The Kazakh authorities are urgently looking for a bank to take over no. 2 lender Tsesnabank as they believe it needs new financing to prevent a collapse, three sources familiar with the discussions told Reuters.

Exclusive: Kazakh state pension fund was major investor in Kazatomprom IPO - sources

Nov 16 2018

ALMATY Kazakhstan’s state-run pension fund has bought one-third of the shares sold by uranium miner Kazatomprom in its $450 million London and Astana initial public offering (IPO) this week, two sources familiar with the deal told Reuters.

Exclusive: Kazakh state pension fund was major investor in Kazatomprom IPO - sources

Nov 16 2018

ALMATY Kazakhstan’s state-run pension fund has bought one-third of the shares sold by uranium miner Kazatomprom in its $450 million London and Astana initial public offering (IPO) this week, two sources familiar with the deal told Reuters.

Exclusive: Kazakh Tsesnabank borrows more from c.bank, plans large bond sale -CEO

Oct 19 2018

ALMATY Kazakhstan's second-biggest lender by assets, Tsesnabank , has received additional short-term funding from the central bank and plans to raise longer-term financing by selling over 250 billion tenge ($686 million) in domestic bonds next month, its chief executive told Reuters.

Kazakhstan presses ahead with plans for IPO of state oil firm -sources

Sep 17 2018

LONDON/MOSCOW/ALMATY, Sept 17 The government of Kazakhstan has invited international investment banks to pitch for roles in listing the state oil company KazMunayGaz (KMG) in London, five sources familiar with the matter said.

World News

Theresa May's Brexit gambit fails as her premiership fades

British Prime Minister Theresa May's final Brexit gambit was in tatters on Wednesday just hours after her offer of a vote on a second referendum and closer trading arrangements failed to win over either opposition lawmakers or many in her own party.