Wealthiest of the former Soviet republics promotes a glitzy image to foreign investors but struggles to maintain its ageing infrastructure and has been hit by a series of disasters in recent years as a result
The lawyer for a former head of Kazkahstan's state nuclear energy company says his client has been sentenced to 14 years in jail on charges of embezzlement and corruption.
ALMATY, March 11 (Reuters) - Chinese state-run energy firm CNPC on Thursday said it complied with applicable laws in its 2003 purchase of a stake in a Kazakh oil company after Kazakh financial police said they were examining the deal.
Fresh salvoes are being fired in a running battle between members of Kazakhstan's ruling elite and tycoons who have fallen out of favor.
Kazakhstan is redoubling efforts to get two important holdouts - the United States and Uzbekistan - to endorse an Organization for Security and Cooperation in Europe summit in 2010. EurasiaNet recently sat down with Anthony Pahigian, deputy director of the US State Department's Office of European Security and Political Affairs, to get Washington's diplomatic take on the summit idea.
ALMATY, March 9 (Reuters) - Kazakh oil producer KazMunaiGas Exploration and Production (KMGq.L: Quote, Profile, Research) RDGZ.KZ said on Tuesday that the impact from a strike at one of its units was limited and the company sought to resolve the dispute soon.