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Which sectors to dominate global oil demand?
By 2040, oil, gas, coal and non-fossil fuels each account for around a quarter of the world’s energy, according to BP’s 2018 Energy Outlook.
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Tatarstan, Daghestan to expand export to Azerbaijan
Tatarstan and Dagestan republics of the Russian Federation will expand export to Iran and Azerbaijan via the Caspian Sea, Russian state news agency TASS...
New Azerbaijan Party successfully completes signature campaign for presidential election
The signature collection campaign conducted by local branches of the New Azerbaijan Party (NAP) to support the candidacy of Ilham Aliyev nominated by the...
Drilling of first well at Absheron gas condensate field begins in...
The drilling of the first well (ABD-001) in the contract area of the Absheron gas condensate field in the Azerbaijani sector of the Caspian Sea will...
SOCAR signs agreement on exploration of gas fields in Bangladesh
Azerbaijan’s SOCAR-AQS LLC and Bangladesh Petroleum Exploration and Production Сompany Ltd. (BAPEX, a subsidiary of Bangladesh Oil, Gas and Mineral Corporation (PETROBANGLA) signed a memorandum...
South Korea to announce joint military drill plan with U.S. before...
South Korea and the United States will announce plans before April for a postponed joint military drill, South Korea’s defense minister said on Tuesday, Reuters reports.
Seoul...
Azeri-Chirag-Gunashli produces 215 million barrels of oil in 2017
Total Azeri-Chirag-Gunashli (ACG) production for the year was on average 588,000 barrels per day (b/d) (about 215 million barrels or 29 million tonnes in...
Azerbaijani President: “The SGC is a main element of the strategy...
The Southern Gas Corridor project is one of the key elements of Azerbaijan's energy strategy, which is very successful and is helping Azerbaijan to...
Iran studies OMV, PEDC and Ghadir proposals for oilfields development
The National Iranian Oil Company (NIOC) investigated the proposals submitted by Austrian OMV and Iranian Ghadir Investment Company and Pasargad Energy Development Company (PEDC)...
Kazakhstan plans to transport 100,000 tonnes of cargo by sea in...
The bill on ratification of the Protocol of 2005 to the Convention for the Suppression of Unlawful Acts against the Safety of Maritime Navigation...

