Energy - 2022
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Today, European Commission President Ursula von der Leyen and EU Energy Commissioner Kadri Simson will visit Azerbaijan.They plan meetings with President Ilham Aliyev, Minister of Energy Parviz Shahba...
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President of Azerbaijan Ilham Aliyev said that the government needs to set the right price for oil in the state budget for 2023, taking into account the likely recession in the global economy.“A reces...
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The Minister of Economy of Azerbaijan, Mikayil Jabbarov, positively assesses the potential of dividend payments to the state budget from the majority of large state-owned companies and banks.“Most of...
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The average daily oil production in Azerbaijan in the first half of 2022 under the OPEC + deal amounted to 566.75 thousand barrels, the data of the Ministry of Energy of the Republic.Based on the mont...
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On July 15, at a meeting dedicated to the results of the first half of 2022, President of Azerbaijan Ilham Aliyev called on the government to take measures to increase the potential for exporting elec...
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Europe has overtaken Asia and become the largest buyer of American oil, Bloomberg reports.In January-May, Europe bought 213.1 million barrels of American oil, Asia - 191.1 million barrels, the US Depa...
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The average price of the “Azeri Light” brand on the terms of CIF delivery in the first half of 2022 amounted to $109.95 per barrel,the Public Relations and Communications Service of SOCAR (State Oil C...
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Saudi Arabia can increase oil production to 13 million barrels per day from the current 10 million, after which the country's ability to increase hydrocarbon production will be exhausted, the Crown Pr...







