Energy - 2020
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Baku/05.08.20/ Turan: The Azerbaijani government decided, given low oil prices, to revise the parameters of both the state budget and the budget of the State Oil Fund of the Republic of Azerbaijan (SO...
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Baku/05.08.20/ Turan: The State Oil Fund of Azerbaijan (SOFAZ) sold foreign currencies for a total of $ 515.5 million at foreign exchange auctions in July 2020, the Fund said.As previously reported, S...
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Baku/05.08.20/ Turan: The State Oil Company of Azerbaijan pumped about 85 thousand tons of oil through the Baku-Novorossiysk oil pipeline in July. This was announced by the SOCAR official representati...
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Baku/05.08.20/ Turan: SOCAR Construction LLC (a subsidiary of SOCAR) plans to take part in the construction project of the Gomel-Gorki main pipeline, which will connect two branches of the Druzhba mai...
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Baku/05.08.20/ Turan: Over 19 billion cubic meters (bcm) of natural gas was transported to China through the Central Asia-China gas pipeline in the first half of 2020, the Xinhua news agency reported....
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Baku/05.08.20/ Turan: The share of renewable energy sources (RES) in electricity consumption in Germany in the first half of 2020 reached 50.2%, according to preliminary data from the Federal Associat...
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Baku/05.08.20/ Turan: BP Plc, following the results of the second quarter, is cutting dividends by 50% - for the first time in the last decade - after receiving a quarterly loss.According to a BP pres...
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Baku/05.08.20/ Turan: The British oil and gas giant BP yesterday announced a new digging strategy until 2030.According to the company, by 2030 BP plans to:- Increase the production capacity of renewab...
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Baku/05.08.20/ Turan: Oil prices of reference grades turned upward during trading on Tuesday amid hopes for a new stimulus package in the United States.The cost of October futures for Brent oil on the...
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Baku/05.08.20/ Turan: The spot price of gas with delivery the next day at the Austrian hub in Baumgarten crossed the $ 100 per 1,000 cubic meters yesterday (for the first time since the end of March),...
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Baku/05.08.20/ Turan: World production of electricity from coal in the first half of 2020 decreased for the first time in decades, according to the report of environmental organizations Global Coal Pl...










