Energy - 2021
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The cost of futures for Brent crude oil on the London ICE exchange at the auction on Monday, January 8, for the first time in more than a year exceeded $ 60 per barrel, having risen to $ 60.05.Accordi...
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Proceeds to the State Oil Fund of Azerbaijan (SOFAZ) from the sale of profitable oil from the Azeri-Chirag-Gunashli (ACG) block in January 2021 amounted to $ 244 million 946 million.This was reported...
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Last year, the export of Azerbaijani gas reached 13.5 billion cubic meters (bcm), which is 1.8 bcm or 15.6% more than in 2019. This is stated in the annual report of the Ministry of Energy of Azerbaij...
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Oil production from the Azeri-Chirag-Gunashli (ACG) block was carried out from 127 production wells in 2020.According to BP-Azerbaijan (the project operator), 11 oil wells and 2 water injection wells...
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SOCAR Energy Ukraine has opened a new premium-class filling complex in Kiev, SOCAR reported.The filling complex is the 56th complex of the network and the 13th in Kiev.The filling station has 3 distri...
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According to the results of the first month of 2021, the state did not receive profitable gas from the giant Shah Deniz project.The total revenues of the State Oil Fund of Azerbaijan (SOFAZ) from the...
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The European Union does not give preference to either Russian gas or American LNG. Brussels sees primarily important a well-regulated and transparent gas market, the EU High Representative for Foreign...
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The pipe-laying vessel Fortuna, which began work on the resumption of the construction of the Nord Stream 2 gas pipeline on January 24, completed sea tests and began laying pipes in Danish waters on F...
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Washington DC does not intend to lift anti-Iranian sanctions, US President Joe Biden said yesterday."No," Biden said on CBS News in response to the host's question, "Will the US lift sanctions to brin...
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Oil demand is recovering, prices are close to $ 60 per barrel, and this is likely to lead to a softening of the terms of the OPEC+ deal to reduce production.But if the alliance decides to increase pro...
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Azerbaijan reduced electricity exports to Russia by 45.8% - to 118.5 million kWh in 2020.According to the Ministry of Energy of Azerbaijan, in 2020, the export of Azerbaijani electricity was also carr...










