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Azerbaijan to prepare TANAP for testing in summer

Azerbaijan expects to fully prepare the Trans-Anatolian Natural Gas Pipeline (TANAP) in June 2019 for the start of test gas supplies to Europe, Azerbaijan’s state oil company SOCAR said. The final phase of the work as part of the …

Brent oil exceeds $72 for first time since November

Oil prices rose for a second day on signs of strong demand from refineries in China amid tightening supply as producers curtail output and as oil inventories in the U.S. fell unexpectedly. Brent crude oil futures rose 29 cents (0.4%) to …

Football club goalkeeper shot in Yerevan

Goalkeeper of FC Ararat Yerevan II Mushegh Ghevondyan has died of gunshot wounds in Yerevan, the FC Ararat-Armenia said in a statement on Facebook. The Yerevan football club sent a letter of condolences to …

Erdogan: Notre-Dame fire deeply upset Turkey

Turkish President Recep Tayyip Erdogan said he is "deeply upset" after a fire gutted Notre-Dame Cathedral in Paris. "The fire that spread through Notre-Dame Cathedral, one of the symbols of Paris and the …

Macron: Notre-Dame to be rebuilt in 5 years

French President Emmanuel Macron has pledged that work to rebuild the fire-ravaged Notre-Dame Cathedral will be completed in five years. "Yes, we will restore Notre-Dame, and we will make this cathedral even more …

Sberbank sets Russia's record in dividends

The supervisory board of Russia’s biggest lender Sberbank has recommended paying 361.4 billion rubles ($5.62 billion)   in dividends for 2018, CEO German Gref said. The dividend payment will account …

Gazprom Neft sees OPEC+ deal ending in mid-2019

Gazprom Neft , the oil arm of Russian gas giant Gazprom, expects the global oil deal between OPEC and its allies to end in the first half of the year, first deputy CEO of Gazprom Neft Vadim Yakovlev said. According …