Energy - 2021
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The process of transferring the operatorship of the South Caucasus Gas Pipeline (SKG) from BP Exploration (Shah Deniz) Limited to SOCAR Midstream Operations Limited has been completed.According to SOC...
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SOCAR exported 583.29 thousand tons of oil via the Baku-Novorossiysk oil pipeline in January-July 2021, the operational summary "Central Dispatch Office of the Fuel and Energy Complex" ("CDU TEK")."Ac...
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In January-June 2021, production from the Azeri-Chirag-Guneshli block of fields amounted to 11.4 tons of oil. According to the Ministry of Energy of the Republic of Azerbaijan, the production of oil w...
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The State Oil Fund of the Republic of Azerbaijan (SOFAZ) sold foreign currencies for a total of $ 461.6 million at foreign exchange auctions in July 2021, the Fund said.SOFAZ sold $ 463.6 million wort...
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British oil company BP Plc recorded a net profit of $ 3.12 billion in the second quarter of 2021, compared with a net loss of 16.85 billion in the same period a year earlier.BP plans to buy back its o...
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The oil market continues to fall for the second day on the sale of large American funds.At the auctions on August 3, the price of the North Sea Brent crude fell to a minimum in two weeks, and the pric...
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On Monday, at the TTF hub in the Netherlands, the average gas prices for September futures amounted to more than $ 514 per 1,000 cubic meters, exceeding the price of the previous day by 2.7%, accordin...






