Energy - 2021
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President of Azerbaijan Ilham Aliyev approved a memorandum of understanding on the Dostlug field between Azerbaijan and Turkmenistan.An intergovernmental memorandum of intent on joint exploration and...
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On Thursday, President of Azerbaijan Ilham Aliyev approved the composition of the working group to prepare and agree on a draft intergovernmental agreement with Turkmenistan on joint exploration and d...
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Azerbaijan resumed gas exports from the Shah Deniz field after a short stop. SOCAR spokesman Ibrahim Ahmedov said this.“It was about a short-term stoppage of export. The cause was eliminated within a...
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In 2020, Azerbaijan imported almost 15,955 tons of AI-92 motor gasoline - 7.2 times less than in 2019.In value terms, imports of AI-92 gasoline in 2020 fell 7.9 times, to $ 9.8 million.“Gasoline was p...
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At the end of 2020, the companyTengizchevroil produced 26.5 million tons of crude oil, which is approximately 35% of the total oil produced in Kazakhstan. This was announced by Kevin Lyon, the newly m...
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A large oil field has been discovered in the Mangistau region, the website of the Akim of this region reported yesterday.“According to experts, this is the largest storehouse of hydrocarbons found in...
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Four large investment projects will be implemented in the Atyrau region. This was announced during a meeting of the deputy faction of the Nur Otan party in the Atyrau regional Maslikhat by the head of...
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Karachaganak Petroleum Operating B.V. (KPO) summed up the results of production activity for 2020Last year, the company produced 10.9 million tons of liquid hydrocarbons, which is a historical maximum...
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Commercial oil reserves in the United States last week increased by 1.28 million barrels - up to 463.04 million barrels, according to the weekly report of the country's energy ministry.Gasoline invent...
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Analysts at Bank of America Global Research have raised their forecast for the average price of Brent oil this year to $ 60 per barrel from the previously expected $ 50 per barrel.At the same time, th...
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Oil production in Texas has been restored by 80%. It was suspended last week due to abnormal cold weather and power outages.Production in the Permian Basin in Texas is now about 2.9 million b/d, accor...










