Energy - 2021
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In the United States, the Biden administration on January 27 suspended the conclusion of new lease agreements for federal lands for oil and gas production, and also reduced subsidies for fossil fuels....
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On January 28, the Azerbaijani government discussed problems in the gas sector, including the efficient and safe use of gas.The meeting was held in the format of a video conference chaired by Prime Mi...
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The international rating agency S&P Global Ratings has confirmed the credit ratings of Azerenerji OJSC at BB / B, the agency said in a press release.At the same time, the agency revised the forecast o...
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Azerbaijan plans to privatize a number of small power plants. This is stated in a joint statement by the Ministries of Energy and Economy of Azerbaijan.“Work is underway to attract private investment...
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Turkey increased natural gas imports by 6.75% in 2020 compared to 2019. In absolute terms, Botas estimates gas imports in 2020 at 50 billion cubic meters (bcm).According to the Turkish Energy Market R...
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Deputy Minister of Energy of the Russian Federation Pavel Sorokin wrote about this in an article for the Energy Policy magazine.“According to the inventory of the economics of field development, carri...
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Over the period from January 15 to January 22, 2020, oil reserves in the United States fell by 9.91 million barrels - to 476.653 million barrels. This was announced by the Energy Information Administr...
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Azerbaijan plans to enter new gas markets in the Western Balkans region with an increase in the capacity of the Southern Gas Corridor (SGC).This statement was made yesterday during an online discussio...
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The international rating agency S&P Global Ratings has confirmed the credit rating of SOCAR at 'BB-', the agency reports.At the same time, the agency revised the forecast on SOCAR ratings from "negati...
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The London International Arbitration Court ruled in favor of SOCAR in a dispute with the Turkish shipping company Palmali.The court ordered Palmali and its owner, Mubariz Mansimov, to pay SOCAR $ 63 m...
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SOCAR Petroleum CJSC (subsidiary of SOCAR) plans to open new filling stations in the territories liberated from the Armenian occupation.“With the return under the control of Azerbaijan, the revival of...
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While in 2019 the number of subscribers who crossed the limit of 2,200 cubic meters was 460 thousand, then in 2020 it increased to 588 thousand.Ruslan Aliyev, Director General of the Azerigaz Producti...
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As of January 1 of this year, 88,434 subscribers were provided with natural gas in the Nakhchivan Autonomous Republic.This is reported in the report of the State Statistics Committee of the NAR.Accord...
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Russian Foreign Minister Sergei Lavrov discussed at a meeting with his Iranian counterpart Javad Zarif the construction of new units of the Bushehr nuclear power plant in Iran.During a joint press con...
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The volume of production of liquefied natural gas in Russia in 2020 amounted to 30.5 million tons, which is 3.5% more compared to the previous year, Rosstat reports.Natural gas production in Russia at...
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The share of renewable energy sources (RES) in electricity generation in Europe in 2020 for the first time in history exceeded the share of fossil fuels. This follows from the annual report of the Bri...















