News

Company "PETRONAS Carigali (Turkmenistan) Sdn Bhd" invites again to study in University of Malaysia

Company "PETRONAS Carigali (Turkmenistan) Sdn Bhd" begins the recruitment of students for the 2018-2019 school year for study in University of Technology PETRONAS (Malaysia), for a number of specialties. Among them: mechanical engineering, chemical engineering, technology of oil and gas production, electrical and electronics, Geology and Geophysics, information and computer technology, products, business information. Among the...

Oil prices continue to rise, Brent exceeded $69 per barrel

The March futures for oil Brent at 7:43, Moscow time, on 10 January has increased by 34 per cent (0,5%) to $69,16 per barrel. Brent exceeded $69 for the first time in may 2015, news Agency API reports. Quotations of February contracts on oil WTI rose 50 cents (0.8%) and amounted to $63,46 per barrel, "Finmarket"...

Azerbaijan reported on the implementation of commitments within OPEC+ in 2017

Azerbaijan represented to the monitoring Committee of the OPEC+ data on daily oil production in the country in December, it amounted to 810 thousand barrels against 790,7 thousand barrels in November, thus the country fulfilled its obligations in the framework of the deal in 2017. This was announced by the head of the press service...

The price of WTI oil for the first time since 2014 exceeded $63 per barrel

The price of WTI oil for the first time since December 10, 2014 exceeded $ 63 per barrel after the publication of the forecast of the energy information administration of U.S. Department of energy (EIA), according to which the average price of WTI in 2018 will be 55,33 dollar against 52.77 dollar per barrel in...

Brent oil prices rose to $68,19 per barrel, WTI - up to $62,20

The cost of the March futures for Brent crude on the London ICE Futures exchange to 08:15 Moscow time on 9 January rose by $0.41 (0.6 percent) to $68,19 per barrel. At the end of the previous session, the contract rose $0,16 (0,24%) to $67,78 per barrel, according to Russian news Agency ANI. The oil continues...

China is testing rail transit through Kazakhstan and Turkmenistan to Iran

From Turkmenistan to Iran via railway station Akyayla proceeded on board of the train, making another test flight on the route China-Kazakhstan-Turkmenistan-Iran. Launched on 28 December 2017 from Changsha (Hunan province) is a large industrial center in southern China – the train from 41 container wagon, loaded with consumer goods, will help to accurately determine the...

The President of Venezuela announced the release of a national cryptocurrency El Petro

The President of Venezuela Nicolas Maduro announced the release of a national cryptocurrency El Petro provided by oil. According to him, 100 million El Petro will be issued, the Russian news Agency API reports. "I ordered the release of 100 million El Petro, legally secured Venezuelan oil wealth. Each El Petro will cost the same as...

Financial news of the last week

During the first trading session of 2018, last week at the biddings of the State commodity and raw exchange of Turkmenistan 7 transactions were registered. For foreign currency businessmen from the United Arab Emirates, Serbia, and Afghanistan purchased the steel products, an extract of licorice root and dried rhizomes of licorice, cotton yarn. The total amount...

In Afghanistan measures of improving security in the implementation of large regional projects are taken

The Ministry of internal Affairs of Afghanistan said that they worked to increase security for major economic projects in the country, according to the Afghan Agency TOLOnews. As it is noted in the publication, this year large-scale regional economic projects, including TAPI gas pipeline (Turkmenistan-Afghanistan-Pakistan-India) and CASA-1000 (the supply of electricity from Central Asia to Afghanistan...

Turkmenistan and Kazakhstan strengthen cooperation

The Senate of the Parliament of Kazakhstan ratified the Treaty on strategic partnership with Turkmenistan and the agreement on the demarcation of the Turkmen - Kazakh border.  According to the first document, the parties will focus on strengthening cooperation in such key areas as economy, trade, energy, water resources, space exploration, agriculture, engineering, migration, education, sports,...

Saudi Aramco became a joint stock company in connection with the IPO

The state oil company of Saudi Arabia Saudi Aramco converted into a joint stock company. This is stated in the official Bulletin of the Kingdom. A change in the legal status of the associated oil company with plans to go Initial public offering (IPO). Capital Saudi Aramco is estimated at $16 billion, or 200 billion of ordinary...

Hadjimurat Hadjimuradov appointed Manager of the office of the President and the Cabinet of Ministers of Turkmenistan

The administrator of the office of the President and the Cabinet of Ministers of Turkmenistan appointed Hadjimurat Hadjimuradov Iskanderovich. The corresponding decree was signed by President Gurbanguly Berdimuhamedov. In may 2017, the head of state dismissed the Manager of the office of the President of Turkmenistan and the Cabinet of Ministers M. Nurmammedov and has placed...

The President of Turkmenistan adopted solutions on stuff

In accordance with the Resolutions of President Gurbanguly Berdimuhamedov: Amanmuhammedov Dovletgeldy Annabairamov appointed Deputy Minister of labor and social protection of population, Deputy Chairman of the Board of the Pension Fund managing the Pension Fund of Turkmenistan; Gilijov Arslangylych Orazgylyjov appointed Deputy Minister of health and medical industry of Turkmenistan – the chief State sanitary-epidemiological service; Amanov Batyr...

Oil is traded in different directions: Brent - $66,54 per barrel, WTI - $60,38

On morning of 3 January Futures on Brent crude oil with delivery in March has decreased on 0,05%, to $66,54 per barrel. February futures for WTI oil rose by 0.02% to $60,38 per barrel, reports news Agency API. Earlier, on 2 January, world crude oil prices have moved to corrective decline after the morning has updated...

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