Shorouk Express Economy Materials 15 June 2025 14:26 (UTC +04:00) Kazakhstan’s current account balance is expected to remain in deficit through 2027, with projections worsening due to falling export revenues and persistently strong demand for imported goods, according to the latest economic outlook by the National Bank of Kazakhstan (NBK). Access to…
Shorouk Express Economy Materials 18 May 2025 00:28 (UTC +04:00) Oil demand in OECD countries rose sharply in the first quarter of 2025, driven by colder-than-usual weather and increased use of heating fuels, according to the International Energy Agency. Despite this early boost, the IEA expects demand across the region to decline over…
Shorouk Express Economy Materials 17 May 2025 00:13 (UTC +04:00) Azerbaijan’s white oil production reached 196,000 tons from January to April 2025, reflecting an 8.3% decline compared to the same period in 2024. Despite this decrease, the total value of oil product production amounted to 1.6 billion manat ($941.1 million), marking a 9.9%…
Shorouk Express Oil&Gas Materials 14 May 2025 15:36 (UTC +04:00) Photo: INPEX The drop was attributed to both lower sales volumes and prices in the crude oil and natural gas segments. Access to paid information is limited If You already have a account, please log in Subscription to…
Shorouk Express US President Donald Trump has rolled out new tariffs on car and oil imports from around the world, with some countries more exposed than others. How will Spain hold up? This week US President Donald Trump confirmed what he had long been threatening and his government will from April impose 25 percent tariffs…
Shorouk Express Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email One sailor is feared missing as darkness descends on the North Sea after an oil tanker and cargo ship collided and caught fire…
[ad_1] Two years ago, oil and gas company Occidental bought carbon capture startup Carbon Engineering. The transaction was hailed as a win-win: A climate tech company scored a significant exit, and a fossil fuel company gained a foothold in a sector that could be worth up to $150 billion by 2050. Now we have a…
It’s imperative to understand how Middle Eastern oil shapes your world, from global economies to international relations. As you explore into the intricate web of power dynamics and political maneuvering that centers on this valuable resource, you will uncover how oil not only fuels industries but also ignites conflicts and drives alliances. The significance of…
Shorouk Express BAKU, Azerbaijan, February 6. The State Oil Company of Azerbaijan (SOCAR) is undergoing a process of transformation into an international operator in the oil and gas industry, and digital transformation is an important part of this process, Rauf Nadirov, Head of Pore Pressure Gradient and Fracture Communications in SOCAR’s Oil and Gas Production…
Shorouk Express BAKU, Azerbaijan, February 5. The price of Azerbaijan’s Azeri Light crude oil on a CIF basis in the Italian port of Augusta increased by $0.27 (0.34 percent) on February 5 compared to the previous rate, standing at $78.42 per barrel, Trend reports, citing a source in the country’s oil and gas market. On…
