Energy - 2022
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President of Azerbaijan Ilham Aliyev dismissed the president of SOCAR (State Oil Company of Azerbaijan) Rovnag Abdullayev.President Aliyev's order to dismiss Abdullayev from the post of head of SOCAR...
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Oil production at the Azeri-Chirag-Guneshli (ACG) block of fields in 2021 amounted to about 167 million barrels (23 million tons), the quarterly report of BP-Azerbaijan (project operator).According to...
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In 2021, BP-Azerbaijan produced 23 bcm of gas from the Shah Deniz field in the Azerbaijani sector of the Caspian Sea, which is 27.1% higher than in 2020. This is noted in the quarterly report of BP-Az...
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The price rally in the oil market will bring an additional $65 billion to the Russian budget and strengthen the country's economy against the backdrop of the threat of Western sanctions. Bloomberg wri...
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Azerbaijan, Iran and Turkmenistan can expand cooperation on the issue of swap gas supplies, there are new proposals to increase the volume of supplies, said Azerbaijani Ambassador to Tehran Ali Alizad...
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The UK, which already imports over half of its natural gas consumption from Norway, Qatar and Russia, will increase the share of imports to 70% by 2030, an analysis of the Financial Times shows.In 204...
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OPEC predicts an increase in oil demand in 2022 by 4.15 million barrels per day (b / d). The organization gave the same assessment in the previous forecast. Oil consumption is expected to exceed 100 m...
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The increase in wholesale gas prices in the European Union, which occurred in 2021, will seriously affect retail prices for "blue fuel" this year as well, according to the European Commission's winter...







