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Bus Crash Kills At Least 11 People In Kazakhstan

3 hours 48 minutes ago
At least 11 people have been killed and some 30 others injured in a bus crash in southern Kazakhstan, on a route used by Central Asian migrants to travel to Russia, the Kazakh Interior Ministry says.

Permian Oil Now Selling At A Discount

3 hours 54 minutes ago
Gulf Coast refiners are having trouble swallowing up all of the ultralight oil coming out of the Permian. The Permian continues to add production, even as drilling activity slows down in Texas and elsewhere. According to the EIA, the Permian could add another 42,000 barrels per day in May, with output now well above 4 million barrels per day (mb/d). That comes even as the rig count has declined sharply from fourth quarter highs last year. The record levels of production present new challenges. The pipeline bottleneck that really became an acute…
Nick Cunningham

Trump’s Oil Waiver Decision Is A Double-Edged Sword

5 hours 54 minutes ago
Tokyo is still trying to prevent being caught in the geopolitical cross-fire between Washington and Tehran. On Friday, Japan’s Minister of Economy, Trade, and Industry (METI) Hiroshige Seko said that his country remains committed to avoiding any harmful impact from U.S. sanctions on Iran, as it sees the OPEC member important for the country's energy supply security. "Japan's relationship with Iran, as one of the world's leading oil producing countries, is important as the country relies on almost all of its petroleum [needs] on imports,"…
Tim Daiss

Weekly review of Azerbaijani currency market

9 hours 20 minutes ago
Official exchange rate of the Azerbaijani manat against the US dollar, set by the Central Bank of Azerbaijan (CBA), remained unchanged this week (April 15-19), Trend reports.

EU consults Turkmenistan in international audit

9 hours 41 minutes ago
The EU, in partnership with the Ministry of Agriculture and the Union of Industrialists and Entrepreneurs of Turkmenistan (UIET), is implementing the project “Support for Further Sustainable Agriculture and Rural Development in Turkmenistan”

Azerbaijan improves position in Startup Ecosystem Rankings

9 hours 54 minutes ago
Azerbaijan found itself one place higher and came in 67th in the Startup Ecosystem Rankings 2019 published by StartupBlink, the world’s most comprehensive map and research center of startup ecosystems, Trend reports.

US supports reforms in Azerbaijan

10 hours 42 minutes ago
Azerbaijan has achieved great progress in implementation of reforms, US Ambassador to Azerbaijan Earle Litzenberger told reporters on the sidelines of the Alumni Fair educational exhibition in Baku, Trend reports on April 20.

US supports reforms in Azerbaijan

11 hours 8 minutes ago
Azerbaijan has achieved great progress in implementation of reforms, US Ambassador to Azerbaijan Earle Litzenberger told reporters on the sidelines of the Alumni Fair educational exhibition in Baku

Growth in Azerbaijan's state budget revenues

11 hours 15 minutes ago
State budget revenues of Azerbaijan amounted to 5,439,700 manats in January-March 2019, which is 19.2 percent or 876,300 manats more than the same period last year, Trend reports referring to the Ministry of Finance.

The Next Aral Sea? Caspian Suffers Impact Of Pollution, Climate Change

12 hours 21 minutes ago
Disappearing seals, plummeting fish stocks, and a falling water level all point to the deteriorating health of the Caspian Sea. Ahead of Earth Day, observed on April 22, environmentalists in Azerbaijan have warned that it will take rapid action to save the Caspian from the fate of its eastern neighbor, the dying Aral Sea.

18,000 tons of frozen meat to be cleared from Iran Customs

12 hours 40 minutes ago
The Customs Administration of Iran announced the latest statistics on the amount of basic goods in the ports and customs of the country and measures taken to facilitate the import of basic goods, such as sugar.

Weekly review of Azerbaijani currency market

13 hours 25 minutes ago
Official exchange rate of the Azerbaijani manat against the US dollar, set by the Central Bank of Azerbaijan (CBA), remained unchanged this week (April 15-19).