Energy - 2019
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The field tax audit conducted by SOCAR (State Oil Company of Azerbaijan) is of a planned nature, the Ministry of Taxes and SOCAR said in a joint statement."Carrying out inspections, in particular in S...
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The average daily volume of oil production in Azerbaijan in 2018 was 792.6 thousand barrels, which is 1.4% higher than in 2017, the Ministry of Energy told Turan."In 2018, the average daily oil produc...
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In 2018 Ukraine reduced imports of oil and oil products by 24.3% compared to the same period in 2017 - to 766,832 tons.According to the State Fiscal Service, oil was imported for $ 431.735 million (2....
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Revenues to the State Oil Fund of Azerbaijan (SOFAZ) from the sale of profitable oil from the Azeri-Chirag-Guneshli block (ACG) and condensate from the Shah-Deniz field in 2018 amounted to $ 9 billion...
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Work on the construction of an interconnector project connecting the Trans-Adriatic Pipeline (TAP) terminal to the Snam Rete gas network in Italy will begin on January 12, 2019, as reported by the Ita...
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In 2018 gas production in Russia increased to 725 billion cubic meters (bcm), said Energy Minister Alexander Novak at a meeting with President Vladimir Putin.Thus, the 18-year-old record was broken. I...
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In 2019, 13 villages of the Atyrau region will be provided with gas. New gas pipelines will be laid in three regions of the region - Makhambet, Isatai and Kyzylkog.Construction and installation work o...
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A representative of the contracting company of the Nord Stream-2 project Nord Stream 2 AG, Jens Muller, said that 400 kilometers of the pipeline had already been built."More than 400 kilometers were l...
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The United States and China continue to attempt to resolve the trade conflict. According to Bloomberg, China will significantly increase purchases of American goods, including oil and gas, in order to...
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The World Bank (WB) has lowered its forecast for the average oil price for the next two years to $ 67 per barrel, which is $ 4 below its December forecast, according to the Bank"s Outlook for the Worl...
