All quotas of the OPEC countries and non-cartel countries remain at the same level, Azerbaijani Energy Minister Natig Aliyev told [...]

The Energy Minister of Azerbaijan Natig Aliyev will take part in the meeting of OPEC member countries and countries outside the [...]

The newspaper claims that according to the most conservative forecasts, the construction of the Albanian section of the gas [...]

As a result of 2016, revenues to the state budget of Azerbaijan from the oil sector amounted to 9 billion 225.1 million manats or [...]

Higher oil prices will accelerate the economic recovery of Azerbaijan, analyst, Junior Vice-President of the rating agency [...]

The country has delivered an ultimatum to the IBA creditors and believes there are not any state guarantees for it. Creditors who [...]

Russia is discussing the entry point of the Turkish Stream to Europe with Greece and Bulgaria, Russian Prime Minister Dmitry [...]

According to the Association of Russian Sea Ports, during the first four months of 2017 the volume of cargo transshipment in the [...]

Twenty of the rating participants account for almost 85% of Russian oil exports, and in 2016 it reached 254.8 million tons. In [...]

The Russian Energy Minister Alexander Novak and the Kazakh Energy Minister Kanat Bozumbayev discussed transportation of Russian [...]

Transportation of Kazakh oil through Azerbaijan has resumed. The Energy Ministry of Kazakhstan reported this in response to a [...]

Kazakhstan’s KazTransOil Company is working to increase the transportation of oil by rail through Azerbaijan for further [...]

Turkmenistan and Uzbekistan will jointly develop hydrocarbon deposits in the Caspian. According to Natural Gas World with [...]

Turkmenistan’s state-owned gas company Turkmengaz has failed to pay off a debt of $2.45 million it accrued over the past two [...]

A field has been discovered on the Uzunada (Long Island) area in the Caspian region, Caspian Barrel reports with reference to the [...]

SOCAR plans to take part in the implementation of oil and gas projects in Iran, Azerbaijani media reported with reference to [...]

Since November 2015, when Iran introduced its newly designed oil and gas agreement model, called Iran Petroleum Contract (IPC), [...]

Therefore, Iran’s oil production growth would be about 10% more in 2018, compared to 2016.   Iran’s oil production [...]