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      Category : Oil & Gas

      Azerbaijan imposes oil cuts on BP-led fields: sources

      April 24, 2020
      Oil & Gas
      Comments Off on Azerbaijan imposes oil cuts on BP-led fields: sources
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      MOSCOW/LONDON (Reuters) – Azerbaijan’s BP-led Azeri-Chirag-Guneshli (ACG) project will have to cut output sharply from May for the first time ever as the country moves to meet its commitment under a global deal to cut production, four sources told Reuters ...

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      Azerbaijan: Energy, reforms, COVID-19 and optimism

      April 20, 2020
      Oil & Gas
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      Views : 283
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      Azerbaijan: Energy, reforms, COVID-19 and optimism

      When Azerbaijan became the elected member of the United Nations Security Council in 2012-2013 for the first time in its independent history the achievement may have seemed surreal for this small country in the South Caucasus region. However, it was ...

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      Is the Oil Market Crisis Over? Not at All.

      April 4, 2020
      Oil & Gas
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      Views : 358
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      Is the Oil Market Crisis Over? Not at All.

      April 3, 2020 Yesterday, President Trump announced via tweet his expectation for Saudi Arabia and Russia to come to agreement over an oil supply cut on the order of 10-15 million barrels (presumably per day, but the president did not specify). The ...

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      The Geopolitics of Gas in the European Union

      March 17, 2020
      Oil & Gas
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      Views : 392
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      The Geopolitics of Gas in the European Union

      When on December 31 2019, Russia and Ukraine reached a tense and difficult five-year gas supply deal, in Brussels they heaved a sigh of relief, with the EU energy Commissioner Maros Sevcovic addressing the agreement as “great news for Europe’s ...

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      Could Russia Join the Southern Gas Corridor? The View From Baku

      February 14, 2020
      Oil & Gas
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      Views : 306
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      Could Russia Join the Southern Gas Corridor? The View From Baku

      At this year’s World Economic Forum meeting in Davos, Switzerland, Azerbaijani President Ilham Aliyev told the Russian news agency RIA Novosti that transporting Russian natural gas via the Trans-Anatolian Pipeline (TANAP) is technically possible but that Azerbaijan has never received an official ...

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      Energy markets underestimate Middle East supply vulnerability

      January 13, 2020
      Oil & Gas
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      Views : 380
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      Energy markets underestimate Middle East supply vulnerability

      Buoyed by ample supply, global energy markets continue to underestimate risks to output from the Middle East, despite the recent escalation in tensions between the United States and Iran. This disconnect between risk and prices was highlighted in September when Iran ...

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      Power of Siberia Opens Chinese Gas Market

      December 2, 2019
      Oil & Gas
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      Views : 333
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      Power of Siberia Opens Chinese Gas Market

      In a December 2nd conference call, the leaders of Russia and China will officially launch a new era in relations between the two countries. The largest gas exporter and the fastest growing large market in the world will be connected by ...

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      Russia Tries to Bog Down the Anaklia Deep Sea Port Project

      May 21, 2019
      Oil & Gas
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      Views : 716
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      Russia Tries to Bog Down the Anaklia Deep Sea Port Project

      On May 6, Turkish, Azerbaijani and Russian representatives met in Ankara and issued a joint memorandum on significantly transforming the Baku–Tbilisi–Kars (BTK) railway project. The Georgian leadership made clear that it was dissatisfied with the trilateral proposal, which was signed ...

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      Russia Tightens Its Grip on Uzbekistan’s Oil and Gas Industry

      March 16, 2019
      Oil & Gas
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      Views : 549
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      Russia Tightens Its Grip on Uzbekistan’s Oil and Gas Industry

      A major challenge for Central Asia’s oil and natural gas industry has always been how to transport petroleum products from the landlocked region to global markets. That issue resurfaced last week (March 6) in Uzbekistan, where a delay in building ...

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      Equinor: Global gas demand to grow by 10% towards 2030

      February 25, 2019
      Oil & Gas
      Comments Off on Equinor: Global gas demand to grow by 10% towards 2030
      Views : 844
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      Equinor: Global gas demand to grow by 10% towards 2030

      By  Trend Norway’s Equinor sold natural gas for around $26 billion in total in 2018, an increase of 29 percent from 2017, Trend reports citing the company. As more countries prepare for the energy transition, Equinor sees strong market ...

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      News

      • President Ilham Aliyev: Liberation of territories will be additional opportunities
      • Declaration of 2021 to be year of Nizami Ganjavi – joyous occasion in Azerbaijan – Co-chair of NGIC
      • Forbes magazine publishes story on Azerbaijan’s victory in war with Armenia
      • Azerbaijan to develop its energy resources by focusing on promising gas fields
      • President Aliyev receives delegation led by OSCE Chairman-in-Office
      • Fulfillment of Karabakh peace deal key to sustainable peace, security
      • President Aliyev gives press conference for local and foreign media representatives
      • Democracy Armenian-style: what’s ahead for Nikol Pashinyan?
      • Azerbaijani FM to pay working visit to Turkey
      • Azerbaijani parliament responds to US Senators in its statement

      Expert opinion

      • Democracy Armenian-style: what’s ahead for Nikol Pashinyan?
        Democracy Armenian-style: what’s ahead for Nikol Pashinyan?
        February 25, 2021

        By Elkhan Nuriyev The Armenian prime-minister Nikol Pashinyan is currently in a difficult political situation. His team has been unsuccessful to ...

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