Energy - 2020
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Baku/29.05.20/ Turan: Chevron Corp will lay off 10% to 15% of its employees worldwide as part of the ongoing reorganization of the second largest US oil producer.The company had previously announced a...
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Baku/29.05.20/ Turan: Ankara is preparing for tough negotiations with traditional gas suppliers with the extension of contracts in 2021 amid serious competition from LNG and renewable sources. This st...
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Baku/29.05.20/ Turan: Active development of the LNG sector poses risks to the sustainability of existing gas supply systems based on the gas pipeline infrastructure.Deputy Minister of Energy of the Ru...
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Baku/29.05.20/ Turan: Azerbaijan and Belarus can establish joint oil refining within the framework of developing cooperation in the energy sector, Azerbaijani Ambassador to Belarus Latif Gandilov beli...
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Baku/29.05.20/ Turan: The production of petroleum products in Azerbaijan in January-April 2020 increased by 5.1% compared to the same period last year, up to 1 billion 41.7 million manat.According to...
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At the end of October 2020, the SOCAR drilling company - SOCAR AQS - will complete the drilling of 40 wells for $ 103 million under the Tuz Golu underground gas storage (UGS) project in Turkey, which...
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Baku/27.05.20/ Turan: The Fitch Ratings international rating agency continues to forecast the average price of Brent crude oil at the end of 2020 at $ 35 per barrel, according to the Global Economic O...
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Baku/27.05.20/ Turan: Half of the oilfield services companies in Kazakhstan are on the verge of bankruptcy, head of the Union of oilfield services companies of the country Rashid Zhaksylykov said yest...
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Baku/27.05.20/ Turan: In January-April of this year, 744.8 million kWh of electricity for $ 34.3 million was exported from Azerbaijan.According to the State Customs Committee, this is $ 10.8 million (...
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Baku/27.05.20/ Turan: The Georgian authorities reviewed the current contract with the Russian company Gazprom and agreed to reduce the price of imported gas by about 15%. This was announced yesterday...
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Baku/27.05.20/ Turan: The Parliament of Georgia adopted key legal acts in the field of energy efficiency: the Energy Efficiency Act and the Energy Efficiency of Buildings Act, which transpose EU direc...
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Baku/27.05.20/ Turan: Oil exports from Russia through ports in June may decrease by 81 thousand barrels per day compared to May - to 2.04 million barrels per day, which will be the minimum export volu...
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Baku/27.05.20/ Turan: Another 7,000 employees of Tengizchevroil (TCO) and contracting organizations may be demobilized from the Tengiz oil and gas field (in the west of Kazakhstan) due to the threat o...
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Baku/25.05.20/ Turan: Georgia, satisfying its natural gas needs mainly through imports, has revised its forecast for the current year for the third time since the beginning of the year.According to th...
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Baku/25.05.20/ Turan: In total, in January-April 2020, natural gas production in Uzbekistan decreased by 15.9 percent compared to the same period last year to 17.25 billion cubic meters. This was repo...
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Baku/25.05.20/ Turan: Georgia and the French Development Agency (AFD) signed two loan agreements on the allocation of 190 million euros to the republic as financial support, the Georgian Ministry of F...















