Turkey Discovers 135 bcm Natural Gas Reserve in Black Sea
Turkey has discovered a new 135 billion cubic metre (bcm) natural gas reserve in the southern Black Sea, the Ankara-based Anadolu Agency cites President Recep...
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Global Food Prices Surge Rapidly – FAO
Global food prices rose in May at their fastest monthly rate in more than a decade. The prices climbed for 12th consecutive month and hit...
International Trade Hub to Appear in Uzbekistan’s Termez Region
An International Trade Center (ITC) will appear in Termez district of Uzbekistan’s Surkhandarya region, bordering Afghanistan, on an area of 26 hectares.
The total cost of...
Oil Prices Rise on Strong Demand Outlook
Global oil prices increased on Wednesday after OPEC and its allies stuck to their plan to cautiously return oil supply in June and July while...
Russia's Gazprom Aims to Produce 11.7% More Gas in 2021
Russian energy giant Gazprom raised its forecast for natural gas output for 2021 to 506.5 billion cubic metres (bcm), an 11.7% YoY increase, as prolonged...
Google’s First Retail Store to Open in New York
Google will open its first permanent retail store, where it will sell phones and other gadgets, in New York this summer, the Russia-based Interfax news...
Global Trade Up 10% in Q1 2021
The rate of global trade’s recovery from the COVID-19 crisis hit a record high in the first quarter of 2021, rising up by 10% year-on-year...
Gazprom Aims to Increase Its Natural Gas Exports by 33%
Gazprom, the Russian state energy company, by 2030 intends to increase natural gas production by 23% and exports by 33% compared to 2019, the Russian...
Oil Prices Fall on Increasing COVID-19 Infections in Asia
Global oil prices fell for a second day on Wednesday as COVID-19 cases in Asia rise and on concerns over rising inflation in the U.S.,...
Gold Rises on US Inflation Concerns
The price of gold rose to its highest level in more than three months on Monday following a US inflation concerns that increased stock market...
