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Oil prices up amid IEA’s optimistic oil demand forecasts

World oil prices are going up on July 14 amid the optimism of investors after the release of the International Energy Agency (IEA) report...

SOCAR Methanol, SOCAR Polymer sign MoU

SOCAR Methanol and SOCAR Polymer signed a Memorandum of Understanding (MoU) on the exchange of information on internships. Both subsidiaries of Azerbaijan’s energy giant SOCAR...

IEA: Global gas demand to rise to 2022

Global gas demand is expected to grow by 1.6 percent a year for the next five years, with consumption reaching almost 4,000 billion cubic...

Austrian companies eye economic opportunities Azerbaijan offers

The Baku International Sea Trade Port, which is being constructed in Alat settlement of Baku, is steadily developing and attracting new partners to the...

Pakistan wants to transit goods to Central Asia

Pakistan wants to provide transit services for goods supply to Central Asia and Afghanistan, according to Pakistani Minister for Railways Khawaja Saad Rafique, Pakistani...

Iran-Total deal to give confidence to other European companies

The deal signed between Iran and France’s Total company on the phase 11 of development of Iran’s South Pars gas field will give confidence...

Why Europe needs gas from TAP

Natural gas provided and facilitated by the Trans Adriatic Pipeline (TAP) will contribute to the decarbonization of economies, particularly in South East Europe and...

Russian gas from Turkish Stream likely to go through TAP –...

Russian gas pumping by the Turkish Stream pipeline will more likely to get to Europe via Trans-Adriatic Pipeline (TAP), Gareth Winrow, an independent analyst...

Uzbekistan interested in cargo transportation via Kazakh port

Kazakhstan and Uzbekistan discussed organization of Uzbek cargo transportation through Kazakh port of Kuryk on the Caspian Sea. This issue was discussed at the meeting...

Chinese troops depart for first overseas military base

Ships carrying Chinese troops are heading to Djibouti to set up Beijing's first overseas military base, reports state media, BBC reports. China says the support...

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