According to the Kazakhstan national operator in the field of gas and gas supply, last year the company significantly increased...

Gazprom starts dissolving all previously signed contracts with Ukraine. The Russian gas holding company announced this on March 2 in...

Transneft expects the resumption of transit of Turkmen oil through Russia in 2018, the Vice President of the oil transportation...

The average price of Urals oil was $ 65.99 per barrel in January-February 2018, the Finance Ministry of Russia said....

Тhe national operator «KazTransGas» JSC on results of 2017 significantly increased its indicators in the main types of activity. According...

Gazprom increased its export of gas to Non-CIS countries in February 2018 by 6.8% compared to the same period last...

Beginning of gas production from the Shah Deniz 2 project will allow Azerbaijan to diversify its own energy resources. The...

Iranian President Hassan Rouhani said the second phase development of the Bandar Abbas Gas Condensate Refinery (also called Persian Gulf...

Naftogaz is surprised to learn of Gazprom’s decision not to supply gas to Ukraine in March. Naftogaz has already provided...

Iranian President Hassan Rouhani officially inaugurated the gas processing complex of Hengam Joint Oilfield. The plant can process 80 mcm/day...

This February marks the 15th anniversary of the start of commercial supplies via the Blue Stream gas pipeline, which conveys gas directly from Russia to Turkey...

The managing director of National Iranian Gas Export Company (NIGEC) says Iran is preparing the mechanism for implementing a gas...

Nobel Oil Services through its subsidiary PROKON established new joint venture with the global industrial plant construction company GAMA Industry...

BP and SOCAR TURKEY ENERJI A.Ş (SOCAR Turkey) have entered into a licensing agreement for BP’s latest generation purified terephthalic...

Oil rose on Monday, hitting three-week highs, supported by strong U.S. demand and comments from Saudi Arabia that it would...

A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Kanat Bozumbayev, Minister of Energy of the Republic of Kazakhstan, took place in St....

The Nord Stream-2 natural gas pipeline does not create dependence of Europe on Russia, it is a partnership that follows...

A senior Iranian gas official says the country is planning to launch three specialized gas-research institutes in cooperation with leading...

The Petrochemical Research and Technology Company (PRTC) has signed a deal with the Persian Gulf Petrochemical Industries Company (PGPIC) for...

On February 22, results of the first environmental responsibility rating for oil and gas companies of Kazakhstan were presented in Astana. The...

In general, world oil demand will grow during most of the forecast period, but it will stabilize closer to its...

SOCAR-AQS started drilling a new well in the shallow part of the Guneshli field. As the company reports, well No....

The semi-submersible floating drilling rig (SSDR) Heydar Aliyev went to sea on February 23 to perform drilling operations at the...

Venezuela decided to show the whole world a new way out of the crisis. The country has become the first...

According to the international rating of Global Petroleum Prices on February 19, 2018, Kazakhstan ranks 15th among the countries of...

The foundation of Afghan part of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline was laid today. Report informs referring to the Reuters,...

In the week of February 10-16, daily oil imports in the US fell by 867,000 barrels, or 11%, to 7,021...

The Eurasian Development Bank (EDB) and Bogatyr Komir company signed a loan agreement to finance Bogatyr Komir’s investment program aimed...

Moody’s expects reduction of inflation in Azerbaijan in 2018 and 2019, Moody’s Investors Service said in a report Feb. 22....

The Organization of the Petroleum Exporting Countries (OPEC) is not a ‘cartel’ or a ‘secretive’ group, President and the United...