Russian Gazprom announced that it started laying the TurkStream gas pipeline in the deep-water area off the coast of Anapa. TurkStream...

The Bulgarian company Bulgartransgas starts negotiations with SOCAR on deliveries of Azerbaijani gas to Bulgaria for the gas hub Balkans,...

Current account surplus of Azerbaijan's balance of payments for the first quarter of 2017 amounted to $ 380.2 million, the...

The United States delivered the first consignment of liquefied natural gas (LNG) to Poland and expects that this will have...

French Total plans to sum up the tender results in July to select a contractor for laying underwater pipelines and...

Revenues from oil exports by OPEC countries in the past year fell by 13.2% compared to 2015, amounting to $...

The Austrian company OMV and Russian Gazprom are discussing the possibility of reviving the South Stream project, which envisaged the...

Transit of hydrocarbons through the territory of Georgia can become the most profitable in case of reaching an agreement on...

Russia has maintained the first place in the world in terms of export volumes of oil and pipeline gas, taking...

The volume of revenues to the State Oil Fund of Azerbaijan (SOFAZ) in 2001-2016 amounted to $ 130.8 billion, the...

SOCAR Methanol LLC plans to produce 250,000 tons of methanol in 2017, Elnur Mustafayev, General Director of the LLC, said...

Nargiz Nasrullayeva-Muduroglu has been appointed as Advisor of CEO of the State Oil Fund of the Republic of Azerbaijan (SOFAZ),...

A farewell ceremony was held for Azerbaijan’s Minister of Energy Natig Aliyev in Baku in the Cultural Center named after...

Azerbaijani Energy Minister Natig Aliyev, who had been receiving treatment in Istanbul Florence Nightingale Hospital, died, General Consulate of Azerbaijan...

In 2017, Gazprom, a Russian gas holding, is planning to build over 1,100 km of gas pipeline within the Power...

In case of discovering commercially attractive gas volumes, production at the deep-water block Shafag-Asiman in the Azerbaijani sector of the...

The national holding company Uzbekneftegaz and Russian Gazprom signed an agreement on strategic cooperation between the two companies. Gazeta.uz reports...

The Deputy Prime Minister of Russia Arkady Dvorkovich stated that Rosneft had not applied to the government with a request...

The cost of Saudi Arabia's net foreign assets fell to $ 493 billion in April for the first time since...

The four-day XXIV International Caspian Oil & Gas Exhibition 2017 and the VII Exhibition Power and Alternative Energy (Caspian Power...

Azerbaijani President Ilham Aliyev states that there are forces preventing the construction of the TAP (Trans Adriatic Pipeline) pipeline. “One...

Azerbaijani President Ilham Aliyev received yesterday in Baku the Executive Vice President for development and production of the Norwegian company...

The transfer of Caspian gas to the European market is becoming a reality, Maros Sefcovic, European Commission Vice-President for the...

Iran has increased gasoline production during the last four years, but the output of other distillates has decreased. According to...

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

The Russian Energy Minister Alexander Novak and the Kazakh Energy Minister Kanat Bozumbayev discussed transportation of Russian oil to Uzbekistan...

As a result of 2016, revenues to the state budget of Azerbaijan from the oil sector amounted to 9 billion...

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

Higher oil prices will accelerate the economic recovery of Azerbaijan, analyst, Junior Vice-President of the rating agency Moody's Peter Paklin...

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