Energy - 2021
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The first meeting of the Supervisory Board of the State Oil Company (SOCAR), created by the decree of the President of Azerbaijan dated January 23, 2021, was held.SOCAR reports that the meeting, chair...
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The State Oil Company of Azerbaijan (SOCAR) operates within the framework of the Comprehensive Strategic Development Plan for SOCAR until 2025, developed in 2011. SOCAR official representative Ibrahim...
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On February 3 this year, following the results of the arbitration process conducted in accordance with the rules of the United Nations Commission on International Trade Law (UNCITRAL), a decision was...
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Oil production at the Azeri-Chirag-Gunashli (ACG) block of fields in 2020 amounted to about 175 million barrels (23.6 million tons), BP-Azerbaijan reports.As reported, in 2019, 195 million barrels of...
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BP and partners produced 18.1 billion cubic meters of gas from the Shah Deniz field in 2020, which is 7.7% more than in 2019. BP-Azerbaijan reported about it.“In 2020, 3.6 million tons of condensate (...
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At the end of 2020, the number of Azerbaijani citizens who are employees of BP was 2,442 people, including those working on fixed-term contracts.This is stated in the message of the BP-Azerbaijan comp...
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Azerishig OJSC will send about 1 million manats for overhaul of power transformers.According to the website www.tender.gov.az, Azerishig signed a corresponding contract with ATEF Shirketler Qrupu LLC....
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President of Turkmenistan Gurbanguly Berdimuhamedov held a meeting on the development of the oil and gas industry, at which he expressed dissatisfaction with the decline in oil and gas production in t...
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Royal Dutch Shell received a net loss of $ 21.68 billion in 2020 compared to $ 15.84 billion a year earlier, the company's financial report says.The company's revenue decreased 1.9 times and amounted...
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Exxon Mobil intends to create a division that will exclusively deal with technologies to reduce carbon emissions.A new division, Exxon Mobil Low Carbon Solutions, will invest $ 3 billion through 2025...
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The American IT company Microsoft has become the second in the world in terms of market capitalization, overtaking Saudi Aramco, according to trading data.The total market capitalization of the compan...
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The price of Brent oil in yesterday's trading exceeded $ 59 per barrel for the first time since February 20, 2020.The price of April futures rose to $ 59.04 per barrel. However, later, closer to the c...











