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Müəllif: Ilham Shaban

Greece Hopes TAP Pipeline will Lead them to Economy Recovery

Greece has been struggling for a while. Its economy completely failed a few years ago and it had to be handed a bailout by the…

Georgia increases gas import from Azerbaijan by almost 18%

Georgia imported about 693,960 tons of natural gas from Azerbaijan which amounted to $119.01 million in first six months of 2013, the GruzStat (Georgian National…

China to be ahead of US in oil import by 2017

According to the estimates of Wood Mackenzie consulting company, by 2017 China will be ahead of US in oil import. The analysts believe that China…

FPC to demolish oil prices

54% of analysts, who participated at the Bloomberg consensus forecast, expect reduction of oil prices, because of toughening of the FPC monetary policy. 62% of…

US shale myths and European market reality

Igor Alexeev Many US shale companies that have been beating the drums of shale “revolution” are now facing oil and gas well depletion. In February…

During 7 months, 2013 Russia increased oil production by 0.7%

From January to July 2013 oil and gas condensate production in Russia increased by 0.7% and totaled 302 million tons, reported the Russian Federal State…

During 6 months 2013 Gasprom decreased gas export to Ukraine by almost 40%

During 6 months, 2013 Gasprom gas export to Ukraine totaled 9.67 billion cub.m., reads the gas concern’s report for quarter 2, 2013. According to the…

Norwegian oil fund to be divided into several parts

The Norwegian National Welfare Fund could be divided soon into several parts. This proposal has been forwarded by Erna Solberg, leader of the opposition Conservative…

Shell temporarily closes its offices in Egypt

In the coming days Shell concern will close its offices in Egypt for the security reasons, reported the company’s representative. “Our offices in Egypt will…

Oil refinery started to operate in Mazar-e-Sharif at the cost of Azerbaijani businessmen

Azerbaijan is willing to make huge investments in the sectors of oil and mines of Afghanistan, said Azerbaijani Ambassador to Afghanistan and Pakistan, Dashgin Shikarov,…

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