News Archive ()

The world oil market is approaching equilibrium, - President of OPEC

The world oil market is increasingly approaching balance, said Monday the current President of OPEC, Minister of energy and industry of the UAE Suhail al-Mazroui, RIA Novosti reported. According to him, which is reported by the Emirate news Agency WAM, this issue will become Central at the next OPEC meeting, which will be held on June...

Scientific and practical conference was held at the Institute of natural gas

Scientific and practical conference "Scientific progress in the oil and gas industry in the era of Power and Happiness" was held in the conference hall of the scientific research Institute of natural gas of the State concern "Turkmengas" on the occasion of the day of science. The conference was attended by managers and employees of...

Oil prices are falling: Brent- $ 72.61 per barrel, WTI - $63.77

August Brent futures on the London stock exchange ICE Futures fell by $0.83 (1.13%) to $72.61 per barrel on June 18 to 8:05 GMT. This is evidenced by the auction data. WTI crude oil with delivery in July at the electronic trading of the New York commodity exchange (NYMEX) on Monday morning fell by $1.29 (1.98%),...

G20 announced the key role of gas in the transition to renewable energy

Natural gas will play a key role in the process of reducing harmful emissions and switching to renewable energy sources. This was stated in the communiqué of the G20 energy Ministers following their meeting in Argentina. "We recognize that natural gas plays a key role in the energy supply in many of the G20 countries, and...

In the top of the stock trading last week - oil refining products and carbamide

Last week, at the trading of the State commodity exchange of Turkmenistan 28 transactions were registered. The products of the domestic petrochemical industry-motor gasoline, diesel fuel, polypropylene produced at the Turkmenbashi complex of oil refineries, heavy vacuum gas oil and oil road bitumen produced at the Seidi refinery, as well as carbamide of the "B" brand...

Scientific research Institute of natural gas of "Turkmengas" group has developed a formula to increase the profitability of gas condensate deposits development

Researcher, research Institute of natural gas, State Concern "Turkmengas", candidate of economic Sciences, Rejep Kakabaev has developed a technique of definition of efficiency of development of deposits and additional possibilities of increasing the production of oil and gas in the areas of long-term operation. The new method was tested in the analysis of the Deposit and...

The EU welcomes the intentions of potential suppliers to join the SGC, - Shefchovich

The European Union (EU) welcomes the interest of additional potential suppliers to join the project "Southern gas corridor", which provides for the transportation of Azerbaijani gas to Europe, said Trend Vice-President of the European Commission for the energy Union Marosh Shefchovich. "We believe that the source of the southern gas corridor is not limited to the...

Oil prices are falling: Brent - $ 75.63 per barrel, WTI - $66.02

August Brent crude oil futures fell by 25 cents (0.3%) to $75.63 per barrel by 7:47 GMT on June 13. This is evidenced by the auction data. Quotes of the July contract for WTI oil decreased by 34 cents (0.5%) and amounted to $66.02 per barrel, Finmarket reports. As a result of trading on June 12,...

Construction of the Kyrgyz branch of the Turkmenistan-China gas pipeline will begin in 2019

China will begin the construction of the Kyrgyz part of the Turkmenistan-Uzbekistan-Tajikistan-Kyrgyzstan-China gas pipeline in 2019, Chairman of the Kyrgyz state Committee for industry, energy and subsoil Ulanbek Ryskulov told reporters, INTERFAX reports. According to him, the gas pipeline will be fully built on Chinese funds and will be fully ready in three years after the...

The results of the fuel and energy complex work for 5 months of 2018

On 11 June in the Central building of oil and gas complex of Turkmenistan hosted the meeting under the chairmanship of the Deputy Chairman of the Cabinet of Ministers of Myratgeldy Meredov, and it discussed the results of work of the enterprises of the industry over the past five months 2018, as well as the...

The opening of TANAP confirms the transformation of intentions into reality and the achievement of results within the energy Union - Shefchovich

The official opening of the TRANS-Anatolian gas pipeline (TANAP), which is part of the southern gas corridor (SGC) project and provides for the transportation of Azerbaijani gas to Europe, is considered as a key milestone in the implementation of this project, Trend Vice President of the European Commission for the energy Union Maros Shefchovich said...

Turkmenistan and Zambia are aimed at boosting trade and economic cooperation, including in the field of fuel and energy

On behalf of the President of Turkmenistan Gurbanguly Berdimuhamedov, the Chairman of the Mejlis (Parliament) Gulshat Mammadova received credentials from the Ambassador Extraordinary and Plenipotentiary of Zambia to Turkmenistan Shadrek Luvit.   As the diplomat stressed, Gurbanguly Berdimuhamedov's constructive initiatives aimed at ensuring global security, stability and further sustainable development, cause great respect and support in the...

Quotes "played" on the growth of exports of Turkmen oil products

The increase in oil prices observed in April and May had a positive impact on Turkmen petrochemical exports, significantly increasing the revenues of the country's fuel and energy complex. According to the news Agency MEDIA-Turkmen ORIENT with reference to the data of the state statistics Committee of Turkmenistan, the value of crude oil supplies in...

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