Energy - 2021
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There is an improvement in the financial situation of four large state-owned companies, including the State Oil Company of Azerbaijan (SOCAR). This was stated by the Minister of Economy of Azerbaijan,...
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Gas exports from the Shah Deniz field in January-October 2021 amounted to 14 billion 364.9 million cubic meters, which is 45.8% higher than the same period last year.According to the State Statistics...
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Azerbaijani Foreign Minister Jeyhun Bayramov met with the European Commissioner for Neighborhood and Enlargement Oliver Varkheli during his visit to Brussels on Monday."The parties exchanged views on...
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LUKoil has undertaken to drill one well in the Shallow Water Absheron Peninsula (SWAP) project in the Azerbaijani sector of the Caspian."We have already entered the project at historical costs. We hav...
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The production of petroleum products in Azerbaijan in January-October 2021 compared to the same period last year increased in monetary terms by 16.3% - up to 3 billion 633.8 million manats ($ 2 billio...
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Armenia plans to start construction of a new nuclear power plant in 2026-2027. This statement was made by the Minister of Territorial Administration and Infrastructure of the Republic Gnel Sanosyan at...
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Russian LUKoil and Kazakhstan's Kazmunaigaz signed a binding agreement on the basic principles for the large Kalamkas-Sea project in the Kazakh sector of the Caspian Sea. President and co-owner of LUK...
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British-Dutch Royal Dutch Shell plc has planned the largest corporate changes since 2005: it intends to simplify the structure of shares, change the name, move its headquarters from the Netherlands an...
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The price of natural gas at the auction on November 16 exceeded $ 1,100 per 1,000 cubic meters. m for the first time since October 20, according to data from the ICE exchange. The cost of the December...
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Oil prices of reference grades went down during the evening trading after the release of the International Energy Agency (IEA) monthly survey on the oil market.The IEA expects world oil production to...
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The head of LUKoil Vagit Alekperov doubts that the oil price will reach $100 per barrel in the near future. However, he did not rule out that "this may be a short-term change.""Today, energy companies...










