Energy - 2021
-
Over 7 months of this year, under the operator of the British company BP, 13.3 million tons of oil were produced from the Azeri-Chirag-Guneshli (ACG) offshore block.According to the Ministry of Energy...
-
SOCAR's revenues from activities in Ukraine in 2020 amounted to 684.581 million manats ($ 402.7 million at the current exchange rate), according to SOCAR's 2020 sustainability report, published on the...
-
According to official statistics, Azerbaijan imported 29,850.19 tons of oil from Turkmenistan in the first half of 2021, by 2.7 times less than in January-June 2020, the quarterly report of the State...
-
The US Department of Energy will sell up to 20 million barrels of oil from the Strategic Petroleum Reserve (SPR), the ministry said on Monday. Applications from potential buyers will be accepted until...
-
Gas production from the Shah Deniz field in January-July 2021 amounted to 12 billion cubic meters, by 9.1% higher than the same period last year.According to the Ministry of Energy of the Republic of...
-
Baku/25.08.21// Turan: Azerbaijan exported about 10.4 billion cubic meters of natural gas in January-July 2021, which is 35% more than in 7 months of last year.According to the Ministry of Energy of t...
-
In January-June of this year, the volume of commodity reserves of natural gas in Azerbaijan amounted to 17409.9 million cubic meters. 35.8 percent of natural gas is consumed, 51.7 percent is exported,...
-
US President Joe Biden signed a decree on August 20 allowing the American administration to impose restrictive measures aimed at Russian pipelines used to export energy resources.The decree, the text...
-
Oil prices turned to decline in trading on Friday, ending the week with a fall of about 7%.The pressure on the market is exerted by the continuing fears of traders for demand for raw materials due to...
-
President of Azerbaijan Ilham Aliyev signed the law "On the use of energy resources and energy efficiency." The law will come into force on July 1, 2022.According to the law, published on August 20 in...
-
Oil production with gas condensate in Azerbaijan in January-July 2021 amounted to 20 million 96.2 thousand tons, which is 2.6% less than the same period last year.According to the State Statistics Com...
-
Export of Azerbaijani gas from the Shah Deniz field in January-July 2021 amounted to 9 billion 775.2 million cubic meters, which is 40.8% higher than the same period last year.The share of gas exports...
-
The Umid Babek Operating Company (UBOC) has completed drilling a new production well at the Umid field in the Azerbaijani sector of the Caspian Sea.“Production well U1-18 was drilled from the Umid-1 s...
-
Turkey expects an increase in gas supplies via the Turkish Stream, President of the country Recep Tayyip Erdogan said in a telephone conversation with his Russian counterpart Vladimir Putin.Erdogan sa...
-
To complete the construction of Nord Stream 2, it remains to lay 15 km of the gas pipeline, Russian President Vladimir Putin said at a joint press conference with German Chancellor Angela Merkel."Ther...
-
The State Oil Company of Azerbaijan (SOCAR) has sent an application to the Russian company Transneft for pumping 1,209 million tons of oil through the Baku-Novorossiysk oil pipeline in 2022 against 1....















