Energy - 2021
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Hungarian Foreign Minister Peter Siyarto said that Hungary will join the Southern Gas Corridor project."At the end of this year, Hungary will join the Southern Gas Corridor. Hungarian gas pipelines wi...
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The Energy Information Administration of the US Department of Energy (EIA) has increased forecasts for oil production in Azerbaijan for 2021 and 2022 by 0.04 million barrels per day, follows from the...
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In connection with the expected deterioration of the weather on March 11-13, the State Oil Company of Azerbaijan (SOCAR) has taken security measures at offshore fields, Turan reports, citing the compa...
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SOCAR Petroleum CJSC (subsidiary of SOCAR) plans to build new filling stations in the Gubadli region and in the city of Shusha.“SOCAR Petroleum plans to commission an innovative gas station in the Eyv...
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The Presidents of Russia and Turkey Vladimir Putin and Recep Tayyip Erdogan launched the construction of power unit No. 3 of the Akkuyu NPP in the Turkish province of Mersin.The event was held via vid...
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SOCAR Marine (a subsidiary of SOCAR) at the end of 2020 became the leader in the sector of international sales of marine fuel in Turkey, Turkish media reported.“SOCAR Marine sold 650 thousand tons of...
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Oil exports from Russia in January in monetary terms fell by 42.8% compared to last year (to $ 5.708 billion) and physical exports fell to 15.849 million tons (minus 27.1%), as it follows from the dat...
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The price of gas at the main spot hub of Europe - the Dutch TTF rose to $ 220 per thousand cubic meters with delivery on Thursday from a 2021 minimum of $ 198 in the last days of February.According to...
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The net profit of the Russian oil company Lukoil for 2020 according to international financial reporting standards (IFRS), relating to shareholders, amounted to 15.2 billion rubles. This is almost 43...
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Russia's largest private oil company, Lukoil, sees the risk of a shortage of oil and gas supply in the world oil market in the next five years due to a lack of investment in the extractive industry. T...
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Commercial oil reserves in the United States (excluding the strategic reserve) for the week ended March 5, increased by 13.8 million barrels, or 2.8%, and reached 498.4 million barrels, the source sai...
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OPEC has raised the forecast for the growth of oil demand in the world in 2021 by 0.1 million barrels per day, again to 5.9 million barrels per day, and now expects global demand at 96.3 million barre...











