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 Gazprom sells its share in Turkish Bosphorus Gaz

Russia's Gazprom sold its 71% stake in Turkish company Bosphorus Gaz, the Turkish company said. Sen Group, which already holds the remaining 29% share in Bosphorus Gaz, bought Gazprom’s share, according to the companies. …

Iran gives reply to 'oil bulls'

Managing director of the National Iranian Oil Company (NIOC) Ali Kardor said Tehran has no plans for any reduction in the country’s oil output despite the looming US sanctions. "We are not planning on …

Fitch affirms Kazakhstan's rating at 'BBB'

Fitch Ratings, the international rating agency, affirmed Kazakhstan’s long-term issuer default rating (IDR) at ‘BBB’ with ‘Stable’ outlook. The sovereign balance remains strong  and assets in the …

Trade House of Azerbaijan opens in China

The Trade House of Azerbaijan has opened in China's Liuzhou, the Ministry of Economy of Azerbaijan said in a statement Sept. 29, reported citing Trend agency. The Vice-President of the Chinese Chamber of Commerce for Export …

How will global trade war affect us?

The World Trade Organization evaluated a global trade war scenario and assessed possible consequences, WTO Director General Roberto Azevedo said, addressing the international forum on the Promotion of Trade Facilitation …