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Fitch: OPEC decision may support oil prices

Fitch rating agency believes that OPEC's decision to extend production cuts by nine months should provide some support for oil prices. Report informs referring to...

BP Regional President: We attach great importance to cooperation with Azerbaijan

The BP Regional President for Azerbaijan, Georgia and Turkey, Gary Jones has addressed a congratulatory letter to President of the Republic of Azerbaijan Ilham...

Ashgabat will host meeting of ad hoc group on legal status...

The forty-ninth meeting of the ad hoc working group on the elaboration of the Convention on Legal Status of the Caspian Sea at the...

Holy month of Ramadan starts in Azerbaijan

Holy month of Ramadan starts in Azerbaijan on May 27. Report informs, fasting in Ramadan is obligatory for a person if he is accountable, able...

Drilling two exploratory wells in “Goshadash” field recommended

3D seismic works in “Goshadash” field located in Azerbaijani sector of the Caspian Sea were completed. Report informs, it was told at the meeting...

Iran invites investors to ‘huge’ upstream oil projects

Trend: Iran invites domestic and foreign investors to a series of oil field development projects that the country is going to start in the near...

Iran’s oil output increases

Trend: Iran’s oil and gas condensate output increased by 0.6 million barrels per day (mb/d) to 4.3 mb/d in February 2017, compared to the same...

SFA sailors are preparing for new competition 2017 Optimist European...

SFA sailors are preparing for competition. 4 "Optimist" sailors of SFA will participate in 2017 Optimist European Championship in Bourgas, Bulgaria under the coordination of...

President Aliyev visits memorial in honor of Azerbaijan Democratic Republic

Azerbaijan’s President Ilham Aliyev visited the memorial in honor of the Azerbaijan Democratic Republic in the Istiglaliyyat Street in Baku on May 26. The...

Turkmen gas supplies via TAPI may start in 2020

Trend: Supplies of the Turkmen gas via the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline may start in 2020, said Muhammetmyrat Amanov, CEO of the TAPI Pipeline Company...