Energy - 2022
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The supertanker Vessel Solana with about 2 million barrels of American oil on board arrived at the Spanish port of Bilbao, after which it went to Rotterdam and Wilhelmshaven, writes Bloomberg.This is...
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The prices for energy resources and food in the world will rise sharply this year as a result of shocks caused by the Russian-Ukrainian conflict, the World Bank (WB) Commodity Markets Outlook quarterl...
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Italy is exploring the possibility of temporarily nationalizing the ISAB refinery in Sicily, owned by the Russian company LUKoil, in the event of sanctions against the Russian energy sector, Reuters r...
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The Caspian Pipeline Consortium (CPC) has started loading tankers through the repaired mooring device N3, the press service of the consortium reports."On April 23, 2022, VLU-3 was put into operation a...
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Azeristiliktehjizat OJSC (state enterprise for providing consumers with heat) completed this heating season with a debt for consumed natural gas, stated the head of the public relations department of...
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Baku/25.04.22// Turan: The mode of operation of the European gas industry is being rebuilt following the change of season. The ongoing onset of spring heat and a drop in prices on the spot market lead...
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On April 22, the European Commission confirmed that it saw in the mechanism proposed by the Russian Federation for paying for gas supplies ways to circumvent EU sanctions. However, at the same time, h...
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The Board of Directors of LUKOIL has appointed an extraordinary meeting of shareholders for May 30 to terminate the powers of the president of the company ahead of schedule and appoint a new one.Until...
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Analysts at “Morgan Stanley” raised their Brent oil price forecasts for the third and fourth quarters of this year by $10 per barrel amid an expected shortage of fuel in the world market.According to...
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The volume of transportation of Azerbaijani gas through the Trans-Anatolian gas pipeline (TANAP) to Turkey and Europe in the first quarter of 2022 amounted to 4.01 bcm, announced Rovshan Najaf, First...
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Next month, BP and partners will temporarily stop exporting oil through the pipeline, through which part of Azerbaijani oil from the Azeri-Chirag-Guneshli block of fields is delivered to the Black Sea...
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The hydrocarbon reserves of the new gas condensate field discovered by Lukoil in the Caspian Sea within the geological structure Titonskaya can amount to 140-150 million tons of standard fuel.These ar...
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In the first quarter of 2022, the volume of exports of SOCAR Carbamide plant products to foreign markets increased 8 times in volume, and in value terms - 33 times.Rovshan Najaf, First Vice President...
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The “Sabah” newspaper reported that Turkey will invest almost $10 billion in the extraction and transportation of natural gas in the Black Sea.The publication notes the presence of a super incentive...
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The annual, 27th international exhibition Caspian Oil & Gas 2022 will be held in Baku on June 1-3 of this year.“This year, 250 companies from Azerbaijan, Belarus, Great Britain, Germany, Georgia, Indi...
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Azerbaijan's income from the operation of main pipelines in 2021 amounted to 3 billion 49.505 million manats ($1 billion 793.8 million at the current exchange rate), which is 31.2% higher than in 2020...















