Energy - 2021
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The International Monetary Fund (IMF) has improved the forecast of average world oil prices for the current year by $ 3.3, to $ 50.03 per barrel, follows from the January report of the World Economic...
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The structure of energy consumption in the world is unlikely to change significantly, and hydrocarbons will still be in demand for a long period of time, Russian President Vladimir Putin believes.“The...
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US President Joe Biden plans to announce on Wednesday the preparatory steps to ban the drilling of new oil and gas wells in US federal lands, The New York Times reported.According to two sources of th...
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Oil production in Kazakhstan decreased from 90 million to 85.7 million tons in 2020. This was announced by the Minister of Energy Nurlan Nogayev.According to the minister, in 2020 the government intro...
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Iran managed to set record indicators in the export of petroleum products, despite the action of American sanctions. This was stated by the Minister of Oil of Iran B. Zanganeh.In turn, D. Qaderi, a me...
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The American Aerospace Corporation Boeing announced that it is ready to begin deliveries of commercial aircraft by 2030, which can fly 100% on biomass fuel. This will require the company to both impro...
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Founder and head of Tesla Inc. and Space X Elon Musk has promised a $ 100 million prize for inventing the best technology for capturing carbon dioxide.As noted by CNBC, technology can directly capture...
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The International Energy Agency (IEA) has lowered the forecast for growth in oil demand in 2021 by 280 thousand barrels per day (b/d), to 5.5 million b/d (the demand itself is expected at 96.6 million...
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The Fortuna ship has resumed laying the Nord Stream 2 in Danish waters, the project operator said in a statement."The work is proceeding in accordance with the received approvals," the company added.N...
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President of Azerbaijan Ilham Aliyev ordered the creation of a Supervisory Board for general management and control over the activities of the State Oil Company of Azerbaijan.The corresponding preside...
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The assets of the State Oil Fund of Azerbaijan (SOFAZ) in 2020 increased by 0.56% or by $ 241 million - to $ 43 billion 564.3 million.According to the press service of SOFAZ, despite the fact that the...
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SOCAR Methanol LLC of SOCAR produced 476.6 thousand tons of methanol in 2020, the State Statistics Committee of Azerbaijan reports.At the same time, in 2020 SOCAR Methanol increased production by 24.4...
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Baku/22.01.21/ Turan: Transneft and the State Oil Company of the Republic of Azerbaijan (SOCAR) signed a contract for pumping more than 1 million tons of oil through the Baku-Novorossiysk oil pipeline...
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The production of oil products in Azerbaijan in 2020 compared to 2019 decreased by 3.6% - to 3 billion 100.7 million manats.According to the State Statistics Committee of Azerbaijan, in 2020 the produ...
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The production of commercial oil in Azerbaijan in 2020 amounted to 34 million 467.1 thousand tons, which is 8% less than in 2019.According to the report of the State Statistics Committee of Azerbaijan...














