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…
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,"…
Competitions of the AGF 2nd Junior Trophy in Rhythmic Gymnastics are organized by Azerbaijan Gymnastics Federation (AGF) at a high level, Bayan Koibakar, a female gymnast from Kazakhstan, told Trend on April 20.
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 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.
Against the background of the intensification of negotiations on the settlement of the Armenia-Azerbaijan Nagorno-Karabakh conflict, the Armenian side once again attempted to mislead the world community with statements that contradict the norms of international law.
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.
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.
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.
The payment of compensations for problem loans in Azerbaijan will begin on April 22, 2019, Trend reports referring to a joint statement by the Ministry of Finance and the Financial Market Supervisory Authority (FIMSA).
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.
Without the support of Azerbaijani President Ilham Aliyev and First Vice President Mehriban Aliyeva, the country's achievements in gymnastics would be impossible, Mariana Vasileva, the head coach of the Azerbaijani national rhythmic gymnastics team, told Trend.
Azerbaijani gymnasts are ready to demonstrate good results at the upcoming AGF 2nd Junior Trophy in Rhythmic Gymnastics in Baku, as Jale Garatova, coach of the junior national team of Azerbaijan who prepares the gymnasts for group exercises, told Trend.