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Fresh oil explorations in Caspian Sea Energy

2016-02-28 16:19:25
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TEHRAN, Jun. 24 (MNA) – A trilateral agreement has returned exploration teams of the Oil Ministry to Caspian Sea blocks. The first oil field in Caspian Sea deep waters was discovered four years ago;

Walking the line Energy

2016-03-08 22:44:40
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Plans for a new Euro-Caspian pipeline will solidify the west's dependence on fossil fuels and authoritarian regimes. This new documentary shows why we should stop and think. “Of course we need a different energy model,” Alberto Santoro states emphatically. “It is

Malaysia's Reach Energy Acquires 60% Stake in Kazakhstan Block for $155M Energy

2016-03-08 22:56:30
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Malaysia's Reach Energy Berhad entered into a tripartite conditional Sale and Purchase Agreement March 5 with Palaeontol Cooperatief U.A. and MIE Holdings Corp. to acquire a 60 percent stake in Palaeontol B.V., the company announced Monday on local exhange Bursa

Greenfields Petroleum extends loan agreement for Azerbaijani oil project Energy

2016-03-10 00:24:06
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By Gulgiz Dadashova Greenfields Petroleum Corporation, engaged in development and production of proven oil and gas reserves mainly in Azerbaijan has announced about prolonging the loan agreement stipulating funding of the development of the Bahar-Gum Deniz block of Azerbaijani

How Hydrocarbons Are Changing the Caspian Sea Political and military events

2016-03-10 15:14:07
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The security architecture of the Caspian Sea, the largest enclosed inland body of water in the world, may soon change. Of all the states that border the sea — Russia, Iran, Azerbaijan, Turkmenistan and Kazakhstan — Russia has the

KazMunaiGas crashes prepayment party to improve debt profile Energy

2016-03-11 14:42:26
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Read the rest of this TXF article here: http://www.txfnews.com/News/Article/5472/KazMunaiGas-crashes-prepayment-party-to-improve-debt-profile. For more high quality trade, export & agency, and commodity finance journalism and events, visit www.txfnews.com Kazakhstan’s state-owned KazMunaiGas (KMG), an umbrella company of several subsidiaries, is closing a $3

Greenfields Petroleum to buy out share in Bahar Energy Ltd. Energy

2016-03-16 20:37:31
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By Gulgiz Dadashova Greenfields Petroleum Corporation, engaged in development and production of proven oil and gas reserves mainly in Azerbaijan, has inked a deal to purchase a 66-percent stake in the Bahar Energy Limited Operating Company, a source in the country’s

SOCAR inks deal with Canada’s Zenith Energy Energy

2016-03-18 00:56:04
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By Azad Hasanli - Trend: Azerbaijan’s state oil company SOCAR and Zenith Aran Oil Company, a subsidiary of Canada’s Zenith Energy, signed March 16 an agreement on production sharing, restoration, development and exploration at the block that includes Muradkhanli, Jafarli and

Search underway for missing oil workers Investment

2016-03-18 19:30:46
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The search for the oil workers, who went missing in the Caspian Sea, continues in Azerbaijan, the country’s ministry of emergency situations said on March 18. The oil workers went missing in an accident on the platform No. 10 of Azerbaijan’s

Increasing oil export duty from Russia necessary measure – expert Energy

2016-03-18 19:37:47
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By Anakhanum Khidayatova – Trend: Increase of export duty on oil from Russia is a forced measure explained by prolonged sanctions of the West against the Russian Federation, a consultant for the Expert Council of the Union of Russian Oil and

Iran, Total sign agreement on iranian oil field on the caspian sea Energy

2016-03-26 10:08:25
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Iran and France's Total have signed a non-disclosure agreement (NDA) on giant South Azadegan oil field, Iran's Oil Minister Bijan Namdar Zanganeh told Mehr News Agency. According to the signed agreement, Total is allowed to study the giant oil field to

Kazakhstan Economic Overview: Great Steppe under Blue Skies Investment

2016-03-28 01:04:16
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Kazakhstan is a top-10 country in many things. Being the world’s ninth biggest country it is the largest economy in Central Asia and second largest among former Soviet Republics. Kazakhstan’s land holds the entire periodic table of elements with active

A Secure and Stable Caspian Sea Is in America’s Interest Political and military events

2016-03-28 01:50:19
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The Caspian Sea is an important, if often overlooked, region in regard to many of the challenges the U.S. faces around the world, such as a resurgent Russia, an emboldened Iran, wavering allies, growing China, and the rise of Islamic

Iranian Offshore Oil Company signs 85 contracts in one year Energy

2016-04-03 22:55:56
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The Iranian Offshore Oil Company (IOOC) signed 85 contracts in the past Iranian fiscal year (March 21, 2015 to March 19, 2016), according to the company’s Contracts Affairs CEO Salman Khosravi. He added the contracts included projects in operational, developmental, construction,

Oil output to be resumed in Kazakh Kashagan field in fall Energy

2016-04-05 16:42:40
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Trend: Oil production in Kazakhstan's Kashagan oil field is planned to resume in the autumn of 2016, said a message of the Caspian Pipeline Consortium (CPC), via a pipeline system of which it is planned to transport oil from this field. The

Kazakhstan resumes Kashagan, files claims for Karachaganak Energy

2016-04-06 23:40:08
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Kazakhstan, a major oil producer in the Central Asia is keen to resume oil production in the Kashagan oil field in fall of 2016, stated the Caspian Pipeline Consortium (CTC), a pipeline system that was planned to transport Caspian oil

North-South Corridor from Russia to India to compete with Suez Canal Investment

2016-04-12 23:31:52
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North-South Corridor from Russia to India to compete with Suez Canal Following talks with the foreign ministers of Azerbaijan and Iran, Russian Foreign Minister Sergei Lavrov has revealed that Russia has agreed to begin substantive studies on the implementation of

NATO-Russia: No "business as usual" Political and military events

2016-04-20 22:41:51
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NATO-Russia: No "business as usual" DIPLOMACY NATO and Russia held "frank and serious" talks despite "profound disagreements" as their ambassadors met on Wednesday for the first time since 2014, alliance chief Jens Stoltenberg said. The two sides agreed to keep communicating

Russian oil CEO: We won't do deals with OPEC Energy

2016-04-20 22:45:03
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Russian oil CEO: We won't do deals with OPEC MOSCOW (CNNMoney) —A top Russian oil executive may just have killed off any lingering talk of an agreement among producing countries to freeze output. The world's top exporters, including Russia,

Karabakh conflict discussed in Tokyo Political and military events

2016-04-21 19:20:31
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Karabakh conflict discussed in Tokyo The Armenia-Azerbaijan Nagorno-Karabakh conflict, as well as further developments of cooperation between Azerbaijan and Japan was high on the agenda of the annual meeting of the Inter-parliamentary Friendship League. Addressing the event, Gursel Ismayilzade, Azerbaijan’s Ambassador

Replacement of pipes at Kazak Kashagan field on schedule Energy

2016-04-23 19:12:14
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Replacement of pipes at Kazak Kashagan field on schedule The replacement of pipes at Kazakhstan's Kashagan oil field is on schedule, said the message from the country's Energy Ministry. "The package of measures on replacing the pipelines between the islands, the

Lukoil’s CEO Vagit Alekperov: OPEC has no Future Energy

2016-04-26 19:59:14
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Lukoil’s CEO Vagit Alekperov: OPEC has no Future In the aftermath of the Doha fiasco and rumors that another meeting could take place in May, one Russian executive could have effectively erased any last hope of oil exporters reaching

Kazakhstan eyes entering top-10 for oil production Energy

2016-04-28 12:14:25
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Energy-rich Kazakhstan, which enjoys 30 billion barrels of proved crude oil reserves (as of January 2014, according to the Oil & Gas Journal), expects to enter the top 10 oil exporters by 2020 through producing 130 million tons of oil

Repair work at Kazakh oil field ahead of schedule Investment

2016-05-05 11:17:34
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Repair work at Kazakh oil field ahead of schedule Repair and restoration work at the Kazakh oil field 'Kashagan' are being performed slightly ahead of plan, the country's energy ministry told Trend. It is expected that production at 'Kashagan' will be

Iran better to engage with West using structures consistent with its heritage, culture Caspian geography and anthropology

2016-05-05 11:36:59
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Iran better to engage with West using structures consistent with its heritage, culture A British energy consultant warned that Western financial approach is either to attempt to gain ownership of Iran's sovereign resources or to place Iran into

Turkmenistan should focus on developing Caspian oil fields Energy

2016-05-07 20:44:56
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Turkmenistan should focus on developing Caspian oil fields Turkmenistan's President Gurbanguly Berdimuhamedov has emphasized the necessity of accelerating the work on developing the country's large oil and gas fields and paying special attention to the Turkmen sector of the Caspian

Turkmenistan should focus on developing Caspian oil fields – president Energy

2016-05-09 00:30:27
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Turkmenistan's President Gurbanguly Berdimuhamedov has emphasized the necessity of accelerating the work on developing the country's large oil and gas fields and paying special attention to the Turkmen sector of the Caspian Sea, read a message from Turkmenistan's government. This issue

Blue Water Shipping-Led JV Bags 350M Dollar Deal from Kazakhstan's Tengizchevroil Investment

2016-05-12 14:03:12
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Blue Water Shipping-Led JV Bags $350M Deal from Kazakhstan's Tengizchevroil Blue Water Shipping reported Wednesday that a consortium led by the firm has been awarded a contract with a value in excess of $350 million by Kazakhstan's Tengizchevroil (TCO). For years, transport

Norway in talks on Iran oil field development, report claims Energy

2016-05-17 13:28:08
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Norway in talks on Iran oil field development, report claims TEHRAN, Iran – Khazar Exploration and Production Co. (KEPCO) is discussing potential investments with Norwegian companies in the Sardar-e Jangal oil field in the Iranian sector of

Turkmen oil concern speeds up development of Caspian Sea’s shallow part Energy

2016-06-04 14:05:33
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Turkmen oil concern speeds up development of Caspian Sea’s shallow part Turkmenoil state concern of Turkmenistan has accelerated the work on drilling five exploratory and 10 production wells at the North Goturdepe field on the shallow part of the Caspian

Iran resumes crude oil swap Energy

2016-06-04 15:42:38
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Iran resumes crude oil swap Head of North Oil Terminal Hamid Reza Shahdoust said on Wednesday that National Iranian Oil Company has obliged Nikoo Company to fulfill preparatory works for resuming crude oil swap in shortest possible time.

Caspian Overview: China Eyes Growth in Azerbaijan Energy

2016-06-08 09:41:19
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Caspian Overview: China Eyes Growth in Azerbaijan China has held negotiations with Azerbaijan’s state oil company (Socar) over a $17bn downstream project twice in the last two months, this time leading to a memorandum of understanding. China National Petroleum Corp (CNPC) has

Kazakh minister provides Kashagan update Energy

2016-06-09 10:22:06
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Kazakh minister provides Kashagan update Production at the Kashagan oil field is expected to resume this year, according to Kazakhstan’s Minister of Energy Kanat Bozumbayev. “The production at Kashagan will begin in late 2016. We are expecting to

EIA forecasts decline in Kazakhstan’s oil output Energy

2016-06-11 01:21:55
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EIA forecasts decline in Kazakhstan’s oil output Oil production in Kazakhstan will experience a decline from 1.73 million barrels per day in 2015 to 1.68 million barrels per day in 2016 and 1.7 million barrels per day in 2017, the

Turkmen geologists to focus on oil fields search Energy

2016-06-17 10:31:58
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Turkmen geologists to focus on oil fields search The search for oil fields is currently one of the priority directions of geological exploration work of "Turkmengeology" - the government's organization in the field of geological exploration, said the message of

Oil output at Kazakh Kashagan field to be resumed in autumn Energy

2016-06-17 10:37:10
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Oil output at Kazakh Kashagan field to be resumed in autumn Oil output at Kazakhstan's Kashagan field should start in October 2016. Kazakhstan's Prime Minister Karim Massimov gave the relevant instruction to the country's Energy Minister Kanat Bozumbayev and KazMunaiGas national

Shana: Iran Says Production of Oil from Caspian Sea Not Priority Energy

2016-06-17 11:37:34
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Shana: Iran Says Production of Oil from Caspian Sea Not Priority Minister of Petroleum Bijan Zangeneh said on Tuesday that production of oil from Caspian Sea is not priority. Speaking in the Majlis(parliament) public meeting, he said that oil recovery

Kazakhstan to resume oil production on Kashagan field Energy

2016-06-19 11:46:30
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Kazakhstan to resume oil production on Kashagan field Oil output at Kazakhstan's Kashagan field is expected to start in October 2016. Kazakhstan's Prime Minister Karim Massimov gave the relevant instruction to Energy Minister Kanat Bozumbayev and KazMunaiGas national company during the

SOCAR’s Turkish Partner Wins Massive No-Bid Construction Projects Energy

2016-06-22 13:34:27
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SOCAR’s Turkish Partner Wins Massive No-Bid Construction Projects Azerbaijan's state-owned energy company, SOCAR, likes Turkey’s Tekfen Construction and Installation building company so much, it tried to buy into it in 2008. But that move was blocked by the global financial crisis that

ArcelorMittal supplies 75,000 tonnes of steel for Trans-Adriatic Pipeline construction Investment

2016-06-22 13:54:26
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ArcelorMittal supplies 75,000 tonnes of steel for Trans-Adriatic Pipeline construction Steelmaking giant ArcelorMittal has delivered more than 75,000 tons of hot-rolled coils for the construction of the Trans-Adriatic Pipeline (TAP). TAP, whose construction will begin mid-2016, is the latest European leg

Operations at large Kazakh oil field run over schedule Energy

2016-06-22 14:02:03
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Operations at large Kazakh oil field run over schedule Repair work at Kashagan oil field is carried out ahead of schedule in order to start oil production in October 2016, Energy Minister of Kazakhstan Kanat Bozumbayev said. He made the remarks

Saipem and Topaz secure Caspian contracts Energy

2016-07-11 14:42:42
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Saipem and Topaz secure Caspian contracts Vessel owners have secured a series of contracts and charters to support offshore projects in Azerbaijan and Kazakhstan. A Saipem-led consortium received another contract from BP for the Shah Deniz Stage 2 project. Saipem will

Caspian Overview: Major Upstream Investment Approved Energy

2016-07-11 14:46:48
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Caspian Overview: Major Upstream Investment Approved Kazakhstan and the Chevron-led consortium Tengiz Chevroil (TCO) approved on July 5 a $36.8bn plan to expand the giant Tengiz field, which has 45% of the country’s total production now. The sides plan to increase

NIOC, Zarubezhneft ink confidentiality agreement Energy

2016-07-14 14:21:49
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NIOC, Zarubezhneft ink confidentiality agreement NIOC and Russia’s JSC Zarubezhneft have signed an MoU as well as a confidentiality contract over expanding two of Iran’s joint oil fields with Iraq. The deal was sealed with the Russian

Russia Oil Output Pumps to New Record Boosted by Arctic Projects, says GlobalData Energy

2016-07-26 13:38:53
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Russia Oil Output Pumps to New Record Boosted by Arctic Projects, says GlobalData Anna Belova, Ph.D., GlobalData’s Senior Analyst covering Oil & Gas, says: “Russian president Vladimir Putin ceremoniously opened the Arctic Gate marine oil terminal on May 25. The

Tengiz Future Growth Project-Wellhead Pressure Management Project, Kazakhstan Energy

2016-07-28 22:45:30
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Tengiz Future Growth Project-Wellhead Pressure Management Project, Kazakhstan The Tengiz Future Growth Project (FGP) -Wellhead Pressure Management Project (WPMP) is an integrated project being developed primarily to increase the production capacity from the Tengiz oil field and the adjacent Korolev

South Korea’s KNOC in talks with Kazakhstan to drop oil field project Energy

2016-08-07 00:41:27
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South Korea’s KNOC in talks with Kazakhstan to drop oil field project State-owned Korea National Oil Corp (KNOC) is in talks with the Kazakhstan government to pull out of an oil field project due to disappointing exploration results, a KNOC spokesman

'Rouhani-Putin-Aliyev meeting to set in motion regional convergence' Political and military events

2016-08-07 23:25:47
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'Rouhani-Putin-Aliyev meeting to set in motion regional convergence' Iranian Ambassador to Baku Mohsen Paka'ein asserts that the tripartite meeting between presidents of Iran, Russia, and Azerbaijan in Baku on August 8 will open a new chapter in regional

Lukoil Provides Update on North Caspian Fields Energy

2016-08-10 15:06:10
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Lukoil Provides Update on North Caspian Fields Russia’s Lukoil is on schedule to begin phase one production at its Filanovsky oil field this autumn and expects to begin phase two production in late 2017. It is also keeping an eye open to

Oil and Gas Drilling Threatens Little-Known but Unique Seal Environment

2016-08-10 15:09:58
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Oil and Gas Drilling Threatens Little-Known but Unique Seal The 20th century was not kind to the Caspian seal. About 100 years ago, an estimated 1 million of these four-foot-long marine mammals swam the waters of the Caspian Sea, the world’s

'Rouhani-Putin-Aliyev meeting to set in motion regional convergence' Political and military events

2016-08-10 15:18:21
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'Rouhani-Putin-Aliyev meeting to set in motion regional convergence' Iranian Ambassador to Baku Mohsen Paka'ein asserts that the tripartite meeting between presidents of Iran, Russia, and Azerbaijan in Baku on August 8 will open a new chapter in regional

Iran ready to swap oil with Russia Energy

2016-08-22 11:51:28
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Iran ready to swap oil with Russia Oil Minister Bijan Zanganeh has reported on negotiations between Iran and Russia for oil swap. Speaking at a live IRIB program, Zanganeh said several domestic and foreign companies have launched

Consortium to transport Tengiz modules via Caspian Sea Energy

2016-08-22 12:05:01
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Consortium to transport Tengiz modules via Caspian Sea A consortium led by Blue Water Shipping has won another contract with TCO in Kazakhstan to provide transport and logistics services in the Caspian Sea. Blue Water and partner Kazmortransflot

Caspian Offshore Construction at Yamal Oil and Gas 2016 Energy

2016-08-22 12:09:15
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Caspian Offshore Construction at Yamal Oil and Gas 2016 8-9 June 2016 saw the fifth 'Yamal Oil and Gas' international forum take place in Salekhard, Russia. The Caspian Offshore Construction representative gave a short presentation about the company and about the

Russia’s construction project on Caspian Sea shelf secures approval Energy

2016-08-26 09:37:13
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Russia’s construction project on Caspian Sea shelf secures approval The project of the second stage of construction of the facility “Oil Field Development n.a. Y. Korchagin” has received a positive conclusion of the RF

SOCAR reveals volumes of oil & gas export Energy

2016-08-30 22:54:16
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SOCAR reveals volumes of oil & gas export Georgia and Turkey have so far received 5.5 and 41 billion cubic meters of gas respectively through the Southern Caucasus Pipeline as part of Shahdeniz-1 project, said Khoshbakht Yusifzade, the first vice-president

Europeans seek to work in Iranian sector of Caspian sea Energy

2016-09-05 19:26:10
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Europeans seek to work in Iranian sector of Caspian sea Energy-rich Iran is currently in talks with companies from Norway, the Netherlands, and the United Kingdom, which have already expressed their willingness to work with Tehran on oil and gas

New Caspian oil fields to add to glutted global market Energy

2016-09-10 12:05:18
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New Caspian oil fields to add to glutted global market Two new Caspian Sea oil fields are due by the end of this year to add significant volumes of crude to a world market

Two Caspian Sea Projects Could Add 200 MBOPD by Year-End Energy

2016-09-10 12:11:50
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Two Caspian Sea Projects Could Add 200 MBOPD by Year-End Even as Russia discusses a production freeze with Saudi Arabia, Caspian Sea projects could add to the glut Oil prices have improved this week in part thanks to renewed talks amongst

World oil prices can be depressed by two new Caspian Sea oil fields Energy

2016-09-16 22:18:27
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World oil prices can be depressed by two new Caspian Sea oil fields The global oil market has recently revived after Russia and Saudi Arabia finally agreed to cooperate on the stabilisation of the prices. At the same time two

Kashagan to boost world oil production Energy

2016-09-17 09:39:12
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Kashagan to boost world oil production Kazakhstan’s Energy Minister Kanat Bozumbayev has said that the official launch of Kashagan is scheduled for October 23 The Caspian Pipeline Consortium (CPC) can pump about 1.2million tonnes of crude oil from the giant oil field

Kazakhstan targets to increase its oil output Energy

2016-09-19 16:01:40
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Kazakhstan targets to increase its oil output Energy-rich Kazakhstan is planning to increase its oil production to 79.5 million in 2017 with further growth up to 86.5 million tons in 2021. The target is

Lukoil plans to launch oil field in Caspian Sea this month Energy

2016-09-21 12:32:46
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Lukoil plans to launch oil field in Caspian Sea this month Russia’s oil giant Lukoil plans to start oil production at the Filanovsky field in the Caspian Sea by the end of September "We are completing the first round of equipping

Sarens wins biggest contract to date Energy

2016-09-21 12:34:06
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Sarens wins biggest contract to date Belgian crane and heavy lifting specialist Sarens has signed a contract for the largest project in its history with Tengizchevroil. The project includes the land transportation and installation of the Pre-Assembled Units, Pre-Assembled Racks,

Iran, Russia could sign an HOA on 2 oilfields soon: NIOC MD Energy

2016-09-21 12:50:13
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Iran, Russia could sign an HOA on 2 oilfields soon: NIOC MD After his meeting with a high rank delegation from Russian LukOil headed by the company CEO, Ali Kardor, managing director of National Iranian Oil Co. (NIOC), stated

Russia Is Pumping Oil at Its Fastest Pace Since the Soviet Era Energy

2016-09-24 14:26:35
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Russia Is Pumping Oil at Its Fastest Pace Since the Soviet Era September output has averaged 11.09 million barrels a day Putin gives command to start Siberia’s East Messoyakha field Russian oil output rose to a record ahead of

Kashagan oil maybe transported via Azerbaijan Energy

2016-09-24 14:28:59
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Kashagan oil maybe transported via Azerbaijan Energy-rich Kazakhstan may start oil export from its large Kashagan field through Azerbaijan in 2017. Kazakh Energy Minister Kanat Bozumbayev said that the country does not exclude the possibility of transporting oil through Azerbaijan,

Russia's Lukoil eyes developing Iran's 2 giant oil fields Energy

2016-09-24 14:49:55
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Russia's Lukoil eyes developing Iran's 2 giant oil fields While Lukoil is studying Iran's Ab-Teymour and Mansouri oil fields based on a confidentiality agreement, the Russian company is keen to develop these fields itself as well, Mehr reported. Both fields are

Fire engulfed the offshore platform Guneshli-19 in Caspian sea Energy

2016-09-27 23:54:47
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Fire engulfed the offshore platform Guneshli-19 in Caspian sea Fire engulfed the offshore platform Guneshli-19 in Caspian sea off Azerbaijan. The accident happened after low-pressure gas blowout occurred on Well No 171 in Guneshli oil field, which inflamed on

Azerbaijan and Kazakhstan Plan New Pipeline Energy

2016-10-14 10:56:36
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Azerbaijan and Kazakhstan Plan New Pipeline Azerbaijan’s Energy Minister Natig Aliyev announced on October 7 that his government and their Kazakh counterparts are in the final stages of negotiations over the construction of a 739-kilometer oil

China, Korea Partner on Kazakh Oil Fields Energy

2016-10-14 10:58:36
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China, Korea Partner on Kazakh Oil Fields Heavy-lift crews from four Korean companies and Chinese carrier Cosco Shipping (COSCOL) will be working through 2020 to deliver oil and gas equipment to

Vladimir Putin launches operations at Filanovsky oil field Energy

2016-11-01 16:45:23
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During his trip to the Astrakhan Region, RF President Vladimir Putin launched, via videoconference, commercial operation at the Vladimir Filanovsky oil field off the Caspian Sea shelf, says Kremlin. “This is a serious, significant step in developing Russia's

Kazakhstan refuses to limit oil output from Kashagan Energy

2016-11-02 13:20:57
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Kazakhstan, enjoying 3 percent of the world’s total oil reserves, announced that it will not impose any limits for oil production at the recently-relaunched Kashagan field. Kazakh Energy Minister Kanat Bozumbayev noted that Kazakhstan’s share in the world

Russia's oil output in Oct hits new post-Soviet era high Energy

2016-11-03 13:10:29
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IIKSS- Russia's oil output set a new post-Soviet era record high in October, rising 0.1 percent from September to 11.2 million barrels per day (bpd), energy ministry data showed on Wednesday. The rise underscores the difficulty the government

Iran, Russia Sign Major Deal on Development of Oil, Gas Fields Energy

2016-12-14 09:50:41
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IIKSS - High-ranking officials from Iran’s oil ministry and the giant Russian oil and gas company, Gazprom, signed a major deal on Tuesday to promote cooperation in the development of two oil fields in western Iran. In a

Turkmenistan to develop new oil field in Caspian Sea Energy

2017-01-11 08:55:54
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IIKSS - The Turkmen Oil State Concern held research at the Demirgazyk Goturdepe field located on the Turkmen shelf of the Caspian Sea, the Turkmen government said in a message. The research showed the presence of the rich

Minister: Iran’s oil revenue to hit $41 bln by end March Energy

2017-01-17 09:49:16
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IIKSS - Iranian Oil Minister Bijan Zangeneh said that the country’s revenue of oil and condensate is expected to hit $41 billion by the end of the current Iranian calendar year (which ends on March 20, 2017). Minister:

Fitch: Azerbaijan's energy company facing mixed pressures Energy

2017-03-25 02:44:31
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IIKSS- Fitch Ratings gives speculative-grade rating to the state energy company in Azerbaijan, where oil production is on the decline. March 17 (UPI) -- The state energy company of Azerbaijan, a party to OPEC-led balance efforts, beat its

US exit from nuclear deal driving Russia, Iran closer Political and military events

2018-05-19 13:38:25
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Russia appears to be taking a long-haul approach to economic relations with Iran, one based on patience and building a solid base for cooperation. When Iranian Foreign Minister Mohammad Javad Zarif visited Moscow on May 14,

'Oman is one of Kazakhstan's key oil and gas partners' Energy

2018-05-21 14:56:24
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Oman is one of Kazakhstan's major partners in the oil and gas sector, according to the Central Asian nation's ambassador to Oman. Speaking exclusively to the Times of Oman, Ambassador Yerzhan Mukash praised the Sultanate's long-standing collaboration

Environmentalists keep under control oil fields in Turkmen shores of Caspian Sea Environment

2018-06-07 15:17:55
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Oil fields, oil bases and oil refineries located in the Turkmen sector of the Caspian Sea and on the coast area are under the supervision of Turkmenistan's environmental organizations, the Neutral Turkmenistan newspaper reported. The inspection is carried out

Oil, gas production up in Kazakhstan Energy

2018-06-14 16:21:30
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Kazakhstan increased oil, gas and gas condensate production by 6.4 percent in January-May 2018 compared to the same period of the previous year. This was stated by Kazakh Deputy Energy Minister Makhambet Dosmukhambetov at a government meeting on June

A researcher on Caspian Sea issues: TANAP can be a pretext for West's presence in the Caspian Sea Legal Issues

2018-09-17 09:26:22
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A researcher on Caspian Sea issues: TANAP can be a pretext for West's presence in the Caspian Sea International Institute of Khazar Sea Studies (IIKSS) – According to the Tasnim News Agency's International Group, the opening of

Dr. Maysam Araee Daronkola, the director of the International Institute of Khazar Sea Studies (IIKSS) in a detailed interview with The Young Journalists Club Legal Issues

2018-09-08 16:50:18
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Dr. Maysam Araee Daronkola, the director of the International Institute of Khazar Sea Studies (IIKSS) in a detailed interview with The Young Journalists Club Parliament should make the final decision on "Caspian Sea Convention" /