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SOCAR filling station in Batumi ranks in TOP-10

The list of top 10 filling stations identified for unusual architecture. Report informs citing the Sputnik, SOCAR filling station in Batumi (Georgia), near McDonalds outlet,...

Belarus to join Caspian oil and gas exhibition in Baku

Five Belarusian petrochemical companies will take part in the International Oil and Gas Exhibition Caspian Oil & Gas 2017, scheduled for May 31 -...

Somali pirates hijack Iranian fishing vessel

Somali pirates hijacked an Iranian fishing vessel May 23 to use as a base to attack bigger, more valuable ships, said Ali Shire, the...

International gas congress opened in Turkmenistan’s Avaza

Trend: Opening ceremony of a two-day international gas congress was held in Turkmenistan’s Avaza on May 23, according to the event’s organizers. Turkmenistan’s Turkmengas State Concern...

Azerbaijan to establish a special Court of Arbitration

It is proposed to establish a special Court of Arbitration (Centre) in Alat. Report informs, it was stated in the report of "DP World"...

TAP to support 8 projects in Italy’s Salento

AZERTAC The consortium for construction of the Trans Adriatic Pipeline (TAP) will support eight projects in Italy’s Salento with 50,000 euros worth grants, the consortium...

Azeri Light crude sells for $54.72

AZERTAC The price of oil changed in the world markets. On NYMEX (New York Mercantile Exchange) cost of the US light crude oil increased $0.40 to...

Azerbaijan’s FTZ to allow significantly increase transit freight traffic

Trend: The free trade zone in the Alat township will allow increasing the volume of transit freight traffic up to 26 million tons per year,...

US Navy leads 20 nations in biggest training exercise in Bahrain

The US Navy and 20 of its coalition partners have completed the largest International Maritime Exercise (IMX) to date, staging four days of training...

Drilling of a new well launched in “Chilov” field

Drilling of a new well No. 117 at fixed offshore platform No.112 on the "Chilov" field commenced. Report informs referring to the State Oil Company...