Energy - 2021
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British oil company BP announced the sale of 25% of its stake in the shallow Absheron exploration project to Russian LUKOIL.Note that the project is implemented in the Azerbaijani sector of the Caspia...
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Currently, Azerishig OJSC has more than 100 subscribers in Shusha,Isa Isazadeh, Deputy Director of the Department for Operation and Electronic Governance of the ASAN Service said this at a briefing."T...
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The French energy giant TotalEnergies SE predicted the end of the "oil era" for the world. Global demand for fossil fuels will peak ahead of schedule amid the fight against the climate crisis and the...
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The world car park will almost double by 2045, to 2.6 billion units, but the share of electric transport in it will increase to 20%. This conclusion follows from the published today OPEC's long-term f...
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Oil will remain the most consumed type of fuel in the long term, despite the increase in the share of renewable energy sources (RES), although its share in world consumption will decrease.The demand f...
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On September 27, Gazprom signed a long-term contract for the supply of 4.5 bcm of gas to Hungary per year for 15 years, the message of the holding.“In Budapest, Gazprom Export and MVM CE Energy Ltd....
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The price of gas in Europe by the evening of September 28 was adjusted to $ 970 per 1000 cubic meters after record growth in the afternoon, when it first exceeded $1000, the data of the ICE exchange....
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The cost of the November Brent oil futures on the London ICE stock exchange reached $ 80.57 per barrel by 9:15 Moscow time on September 28. This is a record since October 2018, and since the beginning...
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The British retail company EG Group, which also operates 389 gas stations, is introducing a limit on the sale of gasoline at 30 pounds per person due to the unprecedented demand for fuel in the countr...
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On September 24, President of Azerbaijan Ilham Aliyev received Iraqi Oil Minister Ihsan Abdul Jabbar in Baku, the website of the head of state reports. The presidential press service did not provide f...
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Azerbaijan exported 971.9 million kWh of electricity in January-August 2021, which is 17.1% higher than the same period last year. According to the Ministry of Energy of Azerbaijan, during the reporti...
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At a meeting on the socio-economic development of the Mangistau region, President Kassym-Zhomart Tokayev raised the issue of further development of the oil and gas industry, including in terms of the...
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Over 30 years of independence of Turkmenistan, more than 200 billion US dollars have been invested in the country's economy. Over 60% of them accounted for the creation of industrial infrastructure. A...
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The Turkish gas transportation monopoly BOTAŞ is discussing with Gazprom the conclusion of a new medium-term (three-year) contract for the supply of gas via Turkish Stream to replace the one expiring...
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The current situation on the electricity market in Europe is explained by a number of economic, climatic and geopolitical factors, said the European Commissioner for Internal Market Thierry Breton on...
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On September 23, BP has stopped the Chirag oil platform on the Azeri-Chirag-Guneshli (ACG) block for maintenance work. As part of this program, various projects will be implemented on the platform, in...















