Energy - 2021
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In January-August 2021, Azerbaijan exported 18 million 769.4 thousand tons of oil, by 2.2% less than the same period last year. According to the Customs Committee of Azerbaijan, the total cost of oil...
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Naftogaz of Ukraine signed memorandums of understanding with Dragon Oil (UAE), SOCAR AQS (Azerbaijan), Helmerich & Payne, Inc. and 3 Seas Energy (both from the USA) with the aim of increasing hydrocar...
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BP has resumed production from the Chirag oil platform in the Azeri-Chirag-Guneshli (ACG) block of fields after maintenance work."As you know, from September 23 for 25 days, the Chirag platform was st...
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The assets of the State Oil Fund of Azerbaijan (SOFAZ) in January-September 2021 increased by 1.52% - to $ 44 billion 226.4 million as of September 30.According to SOFAZ, the growth of assets took pla...
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Electricity production in Azerbaijan in January-September 2021 increased by 7% compared to the same period last year - up to 19 billion 329.2 million kWh.According to the State Statistics Committee of...
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The Minister of Energy of Saudi Arabia, Prince Abdulaziz bin Salman, believes that the world has not seen an energy crisis like what has happened now.“I don’t think we have seen a crisis like this,” h...
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The International Monetary Fund predicts that energy prices in Europe will decrease in 2022, preventing long-term high inflation, Alfred Kammer, director of the European department of the fund, said a...






