Energy - 2020
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The Ministry of Energy of the Russian Federation is studying the issue of creating strategic oil reserves in the country by analogy with many oil-producing countries of the world.According to Russian...
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Baku/01.07.20/ Turan: Since the beginning of 2020, the State Oil Company of Azerbaijan has attracted long-term and short-term loans from foreign banks totaling 1 billion 171 million manat ($ 688.8 mil...
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Baku/01.07.20/ Turan: In 2019, SOCAR paid remuneration to key managers of the company totaling 1.404 million manat ($ 825.8 thousand at the current rate).Such data are given in the published consolida...
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Baku/01.07.20/ Turan: Another tanker with Azerbaijani oil for the Mozyr refinery arrived at the Yuzhny port (Odessa, Ukraine) the evening before, Belneftekhim press secretary Alexander Tishchenko told...
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Baku/01.07.20/ Turan: SOCAR's revenues for 2019 amounted to 83 billion 752 million manat, and its net profit was 651 million manat.Such data are provided in the consolidated financial statements of th...
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Baku/01.07.20/ Turan: According to preliminary data, oil exports from the Russian Federation via the Transneft system in June decreased by 14% compared to the same period last year, to 16.7 million to...
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Baku/01.07.20/ Turan: Gunvor Group Ltd (Gunvor), one of the world's leading independent oil traders, has published the results for the year ended December 31, 2019:- The total trading volume increased...
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Baku/01.07.20/ Turan: As of June 29, oil supplies from Saudi Arabia fell to 5.7 million barrels per day, media reported.In May, exports totaled 6.2 million barrels per day.Oil exports from the country...
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Baku/01.07.20/ Turan: SOCAR (State Oil Company of Azerbaijan) increased its shareholding in the Georgian "daughter" of SOCAR Energy Georgia LLC to 91.8%.According to information published in the conso...








