Media review

Azerbaijan is still committed to the liabilities about daily oil extraction in the country within the Vienna agreement between OPEC and the countries which are not entering it on production...

The SOCAR state company plans to increase natural gas production in the next years, the president of the company Rovnag Abdullaev told in an interview to Reuters agency, Trend reports. According...

The "shale gas revolution" exerting impact on global energy sphere with the accelerated rates enters a stage of commercial production in China. The country was included into world top three...

India plans to reduce dependence on purchases of oil and fuel abroad by 10% in five years and to develop new policy of national biofuel production. The state minister of...

The number of the operating oil and gas drilling rigs in the world in July reached a maximum since September, 2015. Data of the American oilfield services company Baker Hughes...

The board of directors of the European Bank for Reconstruction and Development (EBRD) will consider on October 18, 2017 allocation of the credit in the amount of 500 million dollars...

The British oil company BP Plc finished the second quarter of the current year with profit thanks to increase in prices for oil and considerable expense reduction. It is reported...

The American Energy Transfer Partners reported that it sells 32,44% in the company connected with the under construction gas pipeline of Rover, largest in the USA, for 1,57 billion dollars....

Iran conducts negotiations with the Russian, Norwegian and Chinese companies on investigation and development of oil fields in the Caspian Sea. It was said by the director of the company...

Great Britain plans to completely refuse since 2040 the cars using diesel fuel and gasoline. For these purposes from the budget 255 million will be in addition allocated. Thus the British authorities plan to...

The United Arab Emirates (UAE) declared determination to reduce supply rates of crude oil in September of the current year within the agreement of OPEC. The Minister of Energy of...

The Oil Minister of Iran acted concerning the agreement reached with the French energy giant Total on development of sea fields of the Islamic republic in the Persian Gulf again....

Russia develops the system of a benchmarking for oil refineries (OR). This task is charged to the state All-Russian Scientific-Research Institute for Petroleum Processing (ASRI PP). Creation of benchmarks will allow...

Iraq intends to increase oil extraction to 5 million barrels a day. So the Oil Minister of Iraq Jabbar al-Laibi said. "Iraq continues implementation of the plans for increase in oil...

GTS operators of Ukraine and Poland - JSC "Ukrtransgaz" and "GAZ-SYSTEM S.A." - increase technical capacity of a gas-transport system in the Poland-Ukraine direction, the press service of "Ukrtransgaz" reports.  After carrying out...