(Bloomberg) — Kazakhstan has increased its arbitration claims against international oil companies that developed the Kashagan oil field to more than $150 billion, demanding compensation for lost revenue in addition to a dispute over costs, according to people familiar with the matter. Most Read from Bloomberg Kazakhstan’s government was already involved in a $15 billion […]
Russian leader Vladimir Putin held private talks with the former president of Kazakhstan, Nursultan Nazarbayev, Kremlin spokesperson Dmitry Peskov confirmed on Dec. 20. Kazakh media reported that the meeting with Russia’s dictator took place on Dec. 19 and was initiated by Nazarbayev. According to UlysMedia’s undisclosed sources, Kazakhstan’s former leader sought Putin’s support in connection […]