Energy - 2021
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OPEC Secretary General Mohammad Barkindo urged OPEC+ countries to be careful, despite positive changes in the oil market, the cartel said following a meeting of the technical monitoring committee (JTC...
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General Director of LLC LUKOIL Uzbekistan Operating Company Stepan Gurzhiy was also appointed the representative of the President of LUKOIL in Azerbaijan, Kazakhstan, Uzbekistan and Turkmenistan.As st...
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Travel restrictions imposed in connection with the coronavirus (COVID-19) pandemic, as elsewhere in the world, have reduced the demand for jet fuel in Turkey to zero.Anar Mammadov, the head of the Bus...
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The Minister of Energy of the Republic of Kazakhstan Nurlan Nogayev held a meeting with the Head of the EU Delegation to the Republic of Kazakhstan, Sven-Olaf Karlsson, the press service of the Minist...
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China sharply increased purchases of Iranian oil in 2021, and in March brought it to a historically record 3.75 million tons, Reuters reports, citing data from Refinitive Oil Research.Analysts at SVB...
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The IFRS net profit of Transneft attributable to shareholders for 2020 decreased by 25.7% compared to 2019 and amounted to 133.2 billion rubles, follows from the company's reporting.Revenue at the end...
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The Akademik Chersky pipe-laying vessel headed to the waters of Denmark to begin preparatory work before laying pipes for Nord Stream 2, the press service of the Nord Stream 2 AG project operator told...
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At yesterday's meeting, the OPEC+ Technical Committee considered the extension of the current quotas for May and the preservation of Saudi Arabia's voluntary restrictions of 1 million barrels of oil p...
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Azerbaijan in January 2021 exported to Turkey 1 billion 119.23 million cubic meters of gas from the Shah Deniz field, which is 18.4% more than in January last year.As noted in the data of the Turkish...
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As of March 1, 2021, under the operation of BP, from the Azeri-Chirag-Gunashli (ACG) oil fields and the Shah Deniz gas condensate field located in the Azerbaijani sector of the Caspian Sea in general...
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The volume of Azerbaijani gas exported to Europe via the Trans-Adriatic Gas Pipeline (TAP) from December 31, 2020 to the present day, amounted to 1 billion cubic meters.According to a March 19 stateme...
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Azerbaijan in January-February 2021 increased gas exports by 32% - up to 3.3 bcm.According to the Ministry of Energy of Azerbaijan, supplies of Azerbaijani gas to Turkey increased by 15.6% - up to 2 b...
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Since the commissioning (November 2006 - Turan) of the Shah Deniz gas condensate field in the Azerbaijani sector of the Caspian Sea until March 1, 2021, a total of 138.2 bcm of natural gas have been p...
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In 2020, as a result of geological exploration, Gazprom increased gas reserves by 480 bcm, and the reserve replacement ratio was again above unity, the company said."In 2020, in Russia, according to p...
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The impact of the blocking of the Suez Canal on oil prices is unlikely to be long-term, said Maxim Biryukov, senior analyst at Alfa Capital, to RIA Novosti.“The canal transports 3 to 5 million barrels...
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Exploration drilling revealed the first deposits of gas condensate in the promising Shafag-Asiman structure. This was announced on March 24 by the State Oil Company of Azerbaijan (SOCAR).“Comprehensiv...















