Energy - 2022
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Production in the Eagle Ford basin in Texas is approaching pre-Covid levels; production growth is stimulated by high prices in the oil markets, according to the website of the US Department of Energy...
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French President Emmanuel Macron welcomed the participation of Algeria in diversifying Europe's gas supply. On Friday, during the visit to Algeria, the French president told journalists about an in...
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Turkmenistan will purchase 2,309 tons of various size drill pipes from China for the oil and gas sector, the government's Russian-language newspaper “Neutral Turkmenistan” reported on Saturday. The...
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In 2023, Kazakhstan will produce 92.6 million tons of oil, and in 2027 it is planned to gradually increase production to 99.9 million tons, Minister of National Economy Alibek Kuantirov said."In 2023...
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The net profit of the State Oil Fund of Azerbaijan (SOFAR) in 2021 amounted to 1 billion 556.203 million manats, by 71% lower than in 2020, the financial statements of SOFAZ for 2021, confirmed by the...
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Hungary is ready to join the implementation of the project for the export of electricity from Azerbaijan through Georgia to Europe along the bottom of the Black Sea, Hungarian Foreign Minister Peter S...
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The price of liquefied natural gas is 50% higher than the price of Russian gas supplies under a contract with Gazprom, the ministry quoted the words of the Bulgarian Energy Minister Rosen Hristov.Acc...
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By the morning of August 25, France has brought up to 90.06% gas reserves intended for the coming winter, Le Figaro newspaper reported, citing the European platform Agregated Gas Storage Inventory (AG...
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Baku/26.08.22// Turan: The spot price of gas in Europe continued its active growth on Thursday evening. A price jump at the end of the European trading session is usually the result of the influence o...
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The Caspian Pipeline Consortium (CPC) remains the most cost-effective route for shipping Kazakh oil, but options for alternative routes are being considered amid plans to increase oil production, Kaza...
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The Italian gas storage facilities are 80% full, and by October may reach 90%, Italian Prime Minister Mario Draghi said on Wednesday, speaking at an event in Rimini.Italy managed to halve its depe...
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Azerbaijan will support future initiatives within the framework of OPEC + to minimize the negative consequences for the oil market, Energy Minister Parviz Shahbazov said."The trend of pricing oil futu...
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: It is not planned to correct the cost of fuel in Azerbaijan, which are regulated by the state. Such a conclusion can be made from the clarifications of the Cabinet of Ministers of the Republic of Az...
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Since August 22, Kazakhstan has introduced state regulation of retail prices for petroleum products, according to the new rules, the price of diesel fuel for foreigners is now 1.7-2 times higher than...
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Yesterday the dollar rose to a new 20-year high, when the euro fell again ($0.9902), as the prospect of an energy recession in the second half of the year becomes more and more real. Crude oil prices...
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Between August 13 and 19, US strategic oil reserves decreased by 8.1 million barrels to a record 453.1 million barrels. According to Business Insider, this is evidenced by the data of the Ministry of...















