For the first time since 1995 oil production in US has topped import of hydrocarbons, Jay Carney, the White House speaker, told journalists yesterday.
“This is a result of increase in oil production and policy pursued by the US administration,” he said. He cited an example of toughening of standards of automobile fuel consumption, which allowed reducing oil consumption, pollution of environment with carbonic acid and reducing the consumers’ costs.
The new strategy of energy safety has been worked out since Barack Obama’s coming to power. It, particularly, envisages reduction of foreign oil import by one third during ten years and increase in local production of hydrocarbons. President offered to reduce energy resources consumption and invest in development of such alternative sources, as geothermal, solar and wind power, bio fuel and production of more efficient and ecologically clean cars, reported http:///www.itar-tass.com.--0--
Economics
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Azerbaijan’s Information and Communication Technologies Agency (ICTA) held a meeting with representatives of internet service providers (ISPs) and telecom operators to address concerns over the accuracy of reported internet speeds and the country’s ranking in global broadband performance indices.
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Bulgaria considers Azerbaijan a key strategic partner in the energy sector, as the country plays a crucial role in diversifying gas supplies and strengthening regional energy security, Bulgaria’s newly appointed Energy Minister Jecho Stankov said during a meeting with an Azerbaijani delegation.
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Rovshan Najaf, president of Azerbaijan’s state oil company SOCAR, met with Majid Jafar, CEO of Crescent Petroleum, on February 6 to discuss potential avenues for collaboration in the energy sector. The meeting marked an important step in strengthening ties between the two companies, with both sides exchanging insights on their respective operations and assessing opportunities of mutual interest.
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Rovshan Najaf, president of the State Oil Company of Azerbaijan (SOCAR), met with Sašo Berger, chairman of Slovenian energy company Petrol dd, and Simon Urbanc, CEO of Geoplin doo, on February 6, underscoring growing cooperation in the natural gas sector between Azerbaijan and Slovenia.
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