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The price of Brent crude oil continues to increase, APA-Economics reports. The price of July futures  increased by 11,88% for a barrel to stand at USD 30,43 at 17:38 Baku time. June futures...

On May 5, President of SOCAR Rovnag Abdullayev visited the Umid-1 platform in the Umid field, got familiarized with the capital repair and reconstruction works, and...

Within the measures to curb COVID-19 pandemic, the Port of Baku has launched the "COVID-19 Information Center" channels on WhatsApp and Telegram to satisfy...

According to the National Hydrometeorology Department of the Ministry of Ecology and Natural Resources, the weather in Baku and Absheron peninsula will be changeable...

Heavy-lift crane collapsed on an offshore wind farms construction vessel ORION I on May 2 in Rostock, Germany. Vessel was planned to work on Moray East...

While more than 10 million tonnes of plastic waste enters the sea each year, we see just 1 percent of it – the portion...

The International Maritime Organization (IMO) has announced that meetings which were scheduled to be held in July, including the next regular session of the...

During the quarantine, announced in connection with the coronavirus pandemic, yachtsmen also faced certain difficulties. However, neither the virus nor the quarantine mode can...

Sputnik is livestreaming from the German port of Cuxhaven, where a cruise ship loaded with TUI employees has been quarantined after one of the...

Construction of a major gas pipeline from Norway is to begin in the coming days and will be a “milestone” in giving Poland independence...