All news: page 6

Tokyo. Oil prices fell on Friday and were heading for a third weekly loss, pulled down as Saudi Arabia’s OPEC governor said the market may become oversupplied soon and after a slump in global equities clouded the outlook for demand. Brent crude futures LCOc1 were down 51 cents, or 0. ...

Verona. British BP is considering entering several new projects of Rosneft, Rosneft CEO Igor Sechin said at the Eurasian Economic Forum rum. "Our major shareholder and long-term business partner BP has directly entered several Rosneft projects in Russia, such as Taas-Yuryakh and ...

Baku, Azerbaijan. Azerbaijan and Turkey have enough will and resources to implement more than one major project, the President of the Executive Committee of the Economic Research Foundation of Turkey, expert Ahmet Incekara told reporters Oct. 24. The expert recalled that recently the ...

Baku, Azerbaijan. Almost 99 percent of the Trans Adriatic Pipeline’s (TAP) route in Greece and Albania has been graded, Lisa Givert, TAP Head of Communications, told Trend. "In Greece, as of mid-September, 540 km of our right of way have been cleared, approximately 538 km ...

Singapore. Oil prices fell by around one percent on Thursday, coming under pressure from sharp selloffs in global stock markets, with U. S. stocks posting the biggest daily decline since 2011 to wipe out the year’s gains. Front-month Brent crude oil futures LCOc1 were at $75. 42 a ...

Ashgabat, Turkmenistan. The European Union has shown great interest in the construction of the Trans-Caspian gas pipeline and the supply of Turkmen natural gas to the European market, the state news agency Turkmen Dovlet Khabarlary reported Oct. 23. This issue was raised during the recent ...

Baku, Azerbaijan. The gas transportation agreements on the Interconnector Greece-Bulgaria (IGB) project, which envisages transportation of Azerbaijani gas to Bulgaria, are expected to be signed by the end of the first quarter of 2019, Teodora Georgieva, Executive Officer of ICGB AD (project ...

Almetyevsk. Professionals of the TATNEFT Company’s TatNIPIneft R&D Institute have developed an efficient technology that allows enhancing crude oil recovery. The technology of steam gravity drainage with application of a thermal gel composition (TGC) allows improving the crude oil ...

Singapore. Oil prices on Wednesday clawed back a fraction of their hefty losses the day before that came after Saudi Arabia said it would make up for supply disruptions from U. S. sanctions starting next month on Iran’s petroleum exports. Front-month Brent crude oil futures LCOc1 were ...

Shanghai. Russia and China possess great potential for cooperation in digital economy, Russian Minister of Digital Development, Communications and Mass Media Konstantin Noskov said at the 9th international conference Infoforum-China. "Today's information and communications ...

Baku, Azerbaijan. Some 400 million kilowatt hours of electricity worth $17 million have been exported from Kyrgyzstan to Uzbekistan, Podrobno. uz quoted Deputy Chairman of the State Committee for Industry, Energy and Subsoil Use of Kyrgyzstan Aytmamat Kadyrbaev as saying. First Deputy ...

Courbevoie. Total, one of France's largest energy groups, on Monday announced it had extended its long-term cooperation accord with China National Offshore Oil Corporation (CNOOC) to 2028, targeting an increase in liquified natural gas's output, Xinhua reported. "Total and ...

Singapore. Oil prices fell on Tuesday after Saudi Arabia pledged to play a “responsible role” in energy markets, although sentiment remained nervous in the run-up to U. S. sanctions against Iran’s crude exports that start next month. Front-month Brent crude oil futures ...

Baku, Azerbaijan. Azerbaijan is further increasing its economic power by implementing such projects as the construction of the Star oil refinery, Azerbaijani MP Tahir Mirkishili told Trend. He noted that qualitative changes are taking place in Azerbaijani economy, which are important for ...

Astana. "KazTransOil" JSC announces operational results for 9 months of 2018. «KazTransOil» JSC non-consolidated volume of oil transportation made 33, 911 thousand tons, which is 1. 8% lower than similar indicator for 9 months of 2017. Consolidated volume of oil and ...

Moscow. The Board of Directors of PJSC "LUKOIL" (hereinafter – the Company) today approved the Report on the submission of applications by shareholders of the Company for the sale of their shares to PJSC "LUKOIL". The applications were submitted as a part of the public ...

The European Union’s anti-Russian sanctions have caused serious harm to Slovakia’s economy, Slovak Prime Minister Peter Pellegrini said on Sunday. "Slovakia has never been an advocate of sanctions but we respect the European Union’s decision [to impose the ...

Singapore. Oil prices edged up on Monday, as markets were expected to tighten once U. S. sanctions against Iran’s crude exports are implemented next month. Front-month Brent crude oil futures LCOc1 were trading at $79. 88 a barrel at 0248 GMT, 10 cents above their last close. ...