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…
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 better…
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…
Shorouk Express BAKU, Azerbaijan, February 2. Azerbaijan exported 23.6 million tons of crude oil and petroleum products from bituminous rocks worth $14.4 billion abroad last year. Data obtained by Trend from the State Customs Committee shows that the figure decreased in volume by 2.4 million tons (9.4 percent) and in value – $1.8 billion (11.1…
Shorouk Express BAKU, Azerbaijan, February 1. The price of Azerbaijani Azeri Light crude oil in global market decreased by $0.32 (0.4 percent), finding its place at $78.52 per barrel, Trend reports. The price of February futures for Brent crude oil was $77.05. The average price of a barrel of oil in the state budget of…
Shorouk Express North Korean troops killed by Ukrainian drones in Russia’s Kursk region For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails Russian air defences partially repelled a massive…
Shorouk Express Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email Within the first hours after he was sworn into office, Donald Trump reversed 78 Biden administration executive policies, withdrew from the Paris climate…
Shorouk Express BAKU, Azerbaijan, January 19. Azerbaijan’s lubricant oil output from January through November 2024 reached a total of 69,600 tons. The data obtained by Trend from the State Statistics Committee of Azerbaijan indicates that this marks a 16.2 percent increase compared to the same period in 2023. Moreover, Azerbaijan’s finished product stocks as of…
