Energy - 2021
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This year, Brent may add about 10% more in price, and in the longer term, Wood Mackenzie analysts predict Brent will drop to $ 10 per barrel after the transition to green energy.According to the forec...
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The Minister of Energy of Uzbekistan, Alisher Sultanov, in an interview with “America Ovozi” (Voice of America), spoke about the careful attitude to energy resources in the country and their efficient...
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In April, supplies via the Trans-Adriatic Gas Pipeline (TAP), which is part of the Southern Gas Corridor, from Azerbaijan grew rapidly by 77%.According to foreign media reports, up to 26 million cubic...
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LUKoil is considering the possibility of a blue hydrogen project in the Caspian Sea, said the vice-president and co-owner of LUKoil Leonid Fedun at the National Oil and Gas Forum."So far, we are only...
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Since April 17, Turkey has suspended the reception of Azerbaijani gas within the framework of the “Shah Deniz-1” project due to the expiration of the current commercial agreement.Tamam Bayatli, head o...
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The State Oil Company of Azerbaijan (SOCAR) purchases from the Greek company Okeanis Eco Tankers (OET) for $ 120 million three tankers Nissos Therassia, Nissos Heraclea and Nissos Schinousa, built 6 y...
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Oil prices of reference grades increased their growth during trading on Friday.However, by the end of the week, Brent and WTI showed declines by 0.9% and 1.4%, respectively, because of the COVID-19 ca...
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Negotiations with the British BP to increase the "transit fee" in the amount of 55 cents (on similar lines the tariffs are 1.5-2 US dollars), which will be paid to Turkey for each barrel of Azerbaijan...
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Negotiations with the British BP to increase the "transit fee" in the amount of 55 cents (on similar lines the tariffs are 1.5-2 US dollars), which will be paid to Turkey for each barrel of Azerbaijan...
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This year the Caspian Pipeline Consortium (CPC) celebrates 25 years since the signing of the Shareholders Agreement. This document, dated December 6, 1996, formed the company in its present form. Also...
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The construction of the Nord Stream 2 gas pipeline will be completed, Russian Deputy Prime Minister Alexander Novak is sure. "The work continues and we are confident that it will be completed," he sai...
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Oil production in Libya over the past few days has dropped by almost 1 million barrels per day from 1.3 million barrels per day, reported the Libyan National Oil Corporation (NOC). The fall may contin...
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The State Oil Company of Azerbaijan (SOCAR) stops participating in the management of the Antipinsky Oil Refinery and the fields of its subsidiary NKNP LLC and leaves the capital of the joint venture w...
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Overhaul at the Tengiz field is to be carried out at the end of 2021, Tengizchevroil (TCO) told Interfax-Kazakhstan. "At the moment, TCO's production activities continue as usual, and the company cont...
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Since April 22, 2021, BP has stopped the West Azeri oil platform for maintenance work on the Azeri-Chirag-Guneshli (ACG) block of fields.As part of the work program, various projects will be implement...
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Turkish President Recep Tayyip Erdogan approved a Memorandum of Cooperation with Azerbaijan in the energy and extractive industries.The decree and the text of the Memorandum were published on April 22...















