The OPEC+ group, which includes key producers such as Saudi Arabia, Russia, and Azerbaijan, continues to manage supply levels carefully to stabilize global oil prices amid fluctuating demand and ...

Last year, the region's import and export value surged to 435.11 billion yuan (about 60.68 billion U.S. dollars), marking a 21.8 percent year-on-year increase and underscoring its remarkable ...

Russia's trade partners are turning their back on the country in the wake of increasingly stringent economic sanctions from ...

Investment in the implementation of a state-of-the-art gas network management system using artificial intelligence in Azerbaijan is estimated at $480 million, advisor to the president of the State Oil ...

U.S. crude prices dropped nearly 2% due to the imposition of U.S. tariffs on China, leading to Beijing retaliating with ...

OPEC+ is unlikely to alter existing plans to raise output gradually when it meets on Monday, delegates from the producer ...

KazMunayGas, Kazakhstan's national oil and gas company, announced on Monday that the Taraz tanker, carrying oil from the Kashagan field, has departed from the Aktau port, bound for Baku, Azerbaijan.

Kazakhstan's oil production hit a record high on January 27, with daily output reaching 278,499 metric tons following the recent expansion of the Chevron-led Tengiz oilfield, according to official ...

The State Oil Company of Azerbaijan (SOCAR) has started transporting crude oil from Kazakhstan’s Kashagan field through the Baku-Tbilisi-Ceyhan (BTC) pipeline, marking a new phase in regional energy ...

is going to start the transit of crude oil produced at Kazakhstan's Kashagan field via the Baku-Tbilisi-Ceyhan (BTC) pipeline, the company told Trend. "The first batch of Kashagan oil, loaded onto ...

The alliance’s next meeting on Feb. 3 will determine further strategies. Financial analyst Andrei Chebotarev noted that Kazakhstan will struggle to limit oil production due to its plans to increase ...