OPEC`s World Oil Outlook to be launched in Algeria

OPEC and the Joint Monitoring Committee of the OPEC + Ministerial Meeting (JMMC) will present “The 2018 OPEC World Oil Outlook (WOO)” at a press conference to be held in Algeria on September 23, according to the opec.org website.Algeria`s Minister of Energy, Mustapha Guitouni and OPEC`s Secretary General, Mohammad Sanusi Barkindo, will provide opening remarks to the WOO launch. The Secretary General and senior members of OPEC management will then present the key messages from the publication, which provides an in-depth review and analysis of the global oil industry, and offers a thorough assessment of various sensitivity cases related to supply and demand trends in the medium- and long-term.For the first time, a Smart APP for the WOO will be made available, which will give increased access to the publication's vital analysis and energy data. And for the fourth year in a row, a comprehensive interactive version of the WOO will also be made available. More details on these will be provided when the publication is launched.First published in 2007, the WOO is one of OPEC’s flagship annual publications, providing expert analysis of the many challenges and opportunities facing the global oil industry. It serves as an important reference tool, providing insights into the upstream and downstream, as well as issues related to costs, investments, and the potential impact of policies and new technologies.

Azerbaijan`s Defense Ministry has said the…

Azerbaijan`s Defense Ministry has said the Armenian armed forces continue to violate the ceasefire regime. "The Azerbaijani armed forces came under fire from large-caliber machine guns 92 times throughout the day," the ministry said in a statement."The Azerbaijani army`s positions came under fire from Armenian villages including Dovekh, Shavarshavan, Voskevan in Noyemberyan district, Aygeovit in Ijevan district, Chinari in Berd district and unnamed hills in Krasnoselsk district," the ministry said."The army`s positions also came under fire from the Armenia-occupied districts of Azerbaijan, including Namirli, Taghibayli, Yusifjanli villages in Aghdam, Kuropatkino village in Khojavand, Ashagi Veysalli, Gobu Dilagharda, Garakhanbayli, Gorgan, Horadiz villages in Fuzuli, Nuzgar villages in Jabrayil, as well as unnamed hills in Goranboy, Tartar, Khojavand and Jabrayil districts," the ministry added.

Armenian armed units violated ceasefire 95 times

Azerbaijan`s Defense Ministry has said the Armenian armed forces continue to violate the ceasefire regime. "The Azerbaijani armed forces came under fire from large-caliber machine guns 95 times throughout the day," the ministry said in a statement."The Azerbaijani army`s positions came under fire from Armenian villages, including Dovekh village and unnamed hills, Aygeovit village in Ijevan district and Chinari village in Berd district," the ministry said."The army`s positions also came under fire from the Armenia-occupied districts of Azerbaijan, including Yarimja village in Tartar, Namirli, Bash Garvand, Sarijali, Novruzlu, Yusifjanli, Marzili villages in Aghdam, Kuropatkino village in Khojavand, Ashagi Veysalli, Garvand, Garakhanli, Gorgan, Kurdlar villages in Fuzuli, Nuzgar village in Jabrayil, as well as unnamed hills in Goranboy, Tartar, Aghdam, Khojavand and Fuzuli districts," the ministry added.

31 March – the Day of Genocide of Azerbaijanis

Milli Majlis is holding a special session to mark the 100th anniversary of the 31 March – the Day of Genocide of Azerbaijanis.Parliamentarians will adopt a draft resolution and also appeal to the world community in connection with the March genocide.

Price of a barrel of Azeri Light crude oil decreased

Price of a barrel of Azeri Light crude oil decreased $0.83 to trade at $70.03.On London ICE (Intercontinental Exchange Futures) cost of the Brent crude oil increased $0.58 to trade at $71.61 while the price of the Light crude oil at the NYMEX (New York Mercantile Exchange) rose $0.53 to stand at $66.84.

Turkey’s Trans Anatolian Natural Gas Pipeline…

The works on the first phase of the Trans Anatolian Natural Gas Pipeline (TANAP) to Eskisehir in Turkey were completed by 99%. The announcement was made during the general meeting of TANAP Board of Directors in Ankara, said a message from Azerbaijan`s State Oil Company SOCAR.During the meeting, the Board members were informed about the works done on the first phase of TANAP.“About 80% of works up to Europe were completed. In general, TANAP was completed by over 93%. Currently, all the work is carried out in accordance with the schedule with high accuracy and quality,” said the message.“Starting the second half of the current year, TANAP will transport 6 bcm of gas to Turkey as planned. All sides must fulfil their duties for completion of project timely”, said SOCAR President Rovnag Abdullayev in his speech.TANAP project envisages transportation of gas from Azerbaijan`s Shah Deniz field to the western borders of Turkey. The gas will be delivered to Turkey in 2018 and after completion of the Trans Adriatic Pipeline`s construction the gas will be delivered to Europe in early 2020.The length of TANAP is 1,850 kilometers with an initial capacity of 16 billion cubic meters of gas. Around six billion cubic meters of this gas is meant to be delivered to Turkey, with the remaining volume to be supplied to Europe.

Genocide-100 exhibition to be organized

“Genocide-100” exhibition will be held in Baku to commemorate the Day of Genocide of Azerbaijanis on March 29.The six-day exhibition will be co-organized by the Ministry of Culture and Tourism and Azerbaijan State Art Gallery.It will feature selected works from Azerbaijan State Art Gallery and personal collections of artists.

Police are currently looking for the shooter

An unknown gunman has reportedly injured four people on Saturday evening at a basketball court in Chester, Pennsylvania, US, according to RT.The attacker opened fire from an elevated position at a 'good distance' from the court, the local branch of CBS reports, citing police. Assault rifle and handgun rounds were found at the spot where the shots were fired from. Police are currently looking for the shooter.

Armenian armed units violated ceasefire 132 times

Azerbaijan`s Defense Ministry has said the Armenian armed forces continue to violate the ceasefire regime. "The Azerbaijani armed forces came under fire 132 times throughout the day," the ministry said in a statement."The Azerbaijani army`s positions came under fire from Armenian villages, including Shavarshavan in Noyemberyan district, Paravakar and unnamed hills in Ijevan, Mosesgekh, Chinari and Aygedzor in Berd district, and unnamed hills in Krasnoselsk districts," the ministry said."The army`s positions also came under fire from the Armenia-occupied districts of Azerbaijan, including Goyarkh, Chilaburt villages in Tartar, Taghibayli, Shikhlar, Bash Garvand, Javahirli, Abdinli, Garagashli, Ajarli, Yusifjanli and Marzili villages in Aghdam, Kuropatkino village in Khojavand, Ashaghi Veysalli, Gobu Dilagharda, Garvand, Garakhanbayli, Gorgan and Kurdlar villages in Fuzuli, Mehdili village in Jabrayil, as well as unnamed hills in Goranboy, Tartar, Aghdam, Khojavand and Fuzuli," the ministry added.  

President Pahor reelected for 2nd term – exit polls

Slovenian President Borut Pahor has won his second five-year mandate by a wide margin as he secured about 56.2 percent of the vote, beating his closest opponent by more than 23 percent, TV Slovenia reported, citing exit poll results, according to RT.Pahor’s closest rival, the mayor of the city of Kamnik, Marjan Sarec, gained 22.5 percent in the presidential elections, in which a total of nine candidates took part.

Oil prices rose on the world markets

On the New York Stock Exchange NYMEX (New York Mercantile Exchange), the cost of the US Light crude oil increased $ 0.26 to stand at $52.10. The price of Brent crude rose $0.14 to trade at $57.89 at the London ICE (Intercontinental Exchange Futures).

The provincial weather bureau has lifted a blue alert for heavy rain

Five people died and four remain missing in the city of Ankang in northwest China's Shaanxi Province after heavy rain hit the city starting Tuesday, local authorities said Thursday, according to Xinhua.Around 150,000 people suffered losses, and the local government has evacuated more than 27,000 residents, according to the city's flood control headquarters.The rain also damaged at least 2,000 houses and more than 12,000 hectares of crops. The direct economic losses surpassed 540 million yuan (around 81 million U.S. dollars), it said.On Thursday, the provincial weather bureau has lifted a blue alert for heavy rain, but warned the city to take precautions against geological disasters including floods and mudslides.China has a four-tier color-coded weather warning system, with red the most severe, followed by orange, yellow and blue.

According to Kyodo…

Prime Minister Shinzo Abe dissolved Japan's House of Representatives on Thursday, calling a general election in a bid to maintain his hold on power, while opposition parties rallied together in a major reorganization aimed at giving the administration a challenge at the polls, according to Kyodo.Abe dissolved the lower house and set an Oct. 22 election as soon as it convened at noon for an extraordinary session, without making a policy speech and without a plan to hold a press conference afterward.The timing of the election, official campaigning for which will start on Oct. 10, suggests the premier's primary goal is to take advantage of perceived weakness and lack of preparation in the opposition.The main opposition Democratic Party has recently been in disarray, while a new party with charismatic Tokyo Gov. Yuriko Koike at the helm was established just this week.

The Armenian armed units violated ceasefire with

Azerbaijan`s Defense Ministry has said the Armenian armed forces continue to violate the ceasefire regime. "The Azerbaijani armed forces came under fire 139 times throughout the day," the ministry said in a statement."The Azerbaijani army`s positions came under fire from Armenian villages, including Chinari and Mosesgekh in Berd district, Vazashen and Paravakar in Ijevan distrct, Dovekh in Noyemberyan district, unnamed hills in Krasnoselsk district," the ministry said."The army`s positions also came under fire from the Armenia-occupied districts of Azerbaijan, including Chilaburt, Yarimja and Goyarkh villages in Tartar, Namirli, Taghibayli, Shikhlar, Bash Garvand, Abdinli, Garagashli, Kangarli, Sarijali, Ajarli, Novruzlu, Yusifjanli and Marzili villages in Aghdam, Kuropatkino village in Khojavand, Ashagi Veysalli, Gobu Dilagharda, Garvand, Garakhanbayli, Ashagi Seyidahmadli, Gorgan, Horadiz and Kurdlar villages in Fuzuli, Mehdili and Nuzgar villages in Jabrayil, as well as unnamed hills in Goranboy, Goygol, Tartar, Aghdam, Fuzuli and Kojavand,” the ministry added.

“Investments, innovations and tourism”…

The 8th Russia-Azerbaijan Inter-regional Forum under the motto "Investments, innovations and tourism” has kicked off in Stavropol.A 120-man Azerbaijani delegation led by Economy Minister Shahin Mustafayev attends the event co-organized by the Russian Ministry of Economic Development and Azerbaijan's Ministry of Economy.The forum will feature round tables on a number of issues, including cooperation in industrial and humanitarian spheres, development of tourism, and innovations in the field of healthcare.Russia-Azerbaijan Inter-regional Forum has been held since 2010.More than 500 businessmen from more than 70 companies representing both countries attended the forum, which saw the signing of 12 bilateral documents in Baku last year.Russia is a key trade and economic partner of Azerbaijan. Russia has invested over $3 billion in Azerbaijan.More than half of the Russian regions have already signed bilateral agreements with Azerbaijan on trade, economic, scientific, technical and cultural cooperation.

UEFA Champions League group stage goal

Brazilian Pedro Henrique has scored Qarabağ's first ever goal in the UEFA Champions League group stage as the Azerbaijani football club lost 1-2 to Roma in their second match of Group C.Early strikes from Manolas and Džeko left Roma in control before Henrique pulled one back in the 28th minute.Despite the home side`s pressure in the second half Roma managed to win for the first time in seven attempts in the Champions League, and the first time away from home since 2010.

Armenian armed forces continue to violate the ceasefire regime

Azerbaijan`s Defense Ministry has said the Armenian armed forces continue to violate the ceasefire regime. "The Azerbaijani armed forces came under fire 122 times throughout the day", the ministry said in a statement."The Azerbaijani army`s positions came under fire from Armenian villages, including Dovekh, Shavarshavan villages and nameless hills in Noyemberyan district, Chinari, Mososgekh and Aygedzor in Berd district and unnamed hills in Krasnoselsk district," the ministry said."The army`s positions also came under fire from the Armenia-occupied districts of Azerbaijan, including Goyarkh and Chilaburt villages in Tartar, Bash Garvand, Javahirli, Garagashli, Shirvanli, Kangarli, Sarijali, Novruzlu and Merzili villages in Aghdam, Kuropatkino village in Khojavand, Ashagi Veyselli, Gobu Dilagharda, Garvand, Garakhanbayli, Gorgan, Kurdlar, Horadiz villages in Fuzuli, Nuzgar and Mehdili villages in Jabrayil, as well as unnamed hills in Goygol, Goranboy, Tartar, Aghdam, Khojavand and Fuzuli", the ministry added.

According to Anadolu Agency…

Turkish security forces have neutralized 34 PKK terrorists in a week of operations, according to the country's Interior Ministry on Monday, according to Anadolu Agency.During the operations, 22 terrorists were killed, two were captured and 10 surrendered, a statement issued by the ministry said.According to the statement, more than 2,849 arrests were made in 1,094 operations between Aug. 21-28.They include the arrest of 127 suspects for aiding the PKK, 44 for alleged ties to Daesh, 400 for potential links to the Fetullah Terrorist Organization (FETO), and 14 who allegedly joined leftist terrorist organizations, the statement added.Also last week, security forces destroyed nine shelters used by terrorists, and 27 mines and explosives in the southeastern provinces of Hakkari and Diyarbakir as well as in the eastern Bingol.They also seized 351 kilograms of explosive materials and heavy ammunition.During 639 anti-drug operations in 72 provinces, security forces arrested 2,258 suspects.The PKK -- listed as a terrorist organization by Turkey, the U.S. and EU -- resumed its armed campaign against Turkey in July 2015. Since then, it has been responsible for the deaths of around 1,200 Turkish security personnel and civilians.

EFE news agency reports…

At least 54 early morning commuters were injured, one seriously, when a train failed to stop properly and collided against the end-of-line buffers at a station serving the downtown port area of the prosperous northeastern Spanish city of Barcelona, authorities said Friday, EFE news agency reports.The city's emergency medical service said 19 passengers suffering from less serious injuries, among whom was the train driver, had also been taken to several Barcelona hospitals while 34 had been treated for cuts and bruises, the agency said.

According to The Express Tribune

The Supreme Court on Friday disqualified Prime Minister Nawaz Sharif from holding office in a landmark decision after a corruption probe into his family wealth, cutting short his third stint in power, according to The Express Tribune.The top court five-judge larger bench headed by Justice Asif Saeed Khosa has unanimously disqualified Prime Minister Nawaz Sharif for not disclosing his employment in UAE based offshore company Capital FZE.“He [Nawaz] is no more eligible to be an honest member of the parliament, and he ceases to be holding the office of prime minister,” said Judge Ejaz Afzal Khan in court.