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Author: Ilham Shaban

SOCAR AQS Entered Turkish Drilling Services Market

SOCAR AQS and China CAMC Engineering Co., Ltd. – IC İçtaş Construction Industries & Trade Inc. signed the drilling contract for Tuz Golu underground gas…

SOCAR AQS successfully completes next well drilling on West Absheron field

SOCAR AQS completed the works on construction of well # 18, with target depth of 739m, successfully, without any incidents and without harming the environment….

BP could sell some oil projects to meet climate targets

BP’s CEO plans to sell some oil projects and curb the development of others to align its business with the Paris accord, the latest sign…

The Russian government predicted economic scenarios at low hydrocarbon prices

In the conservative scenario of the macroeconomic forecast of the Ministry of Economic Development, Russia’s GDP will be 30.5 trillion rubles. less in five years…

Europe Begins Protracted Period of Cheap Gas

This is stated in the July issue of the energy bulletin prepared by the Analytical Center (AC) under the Government of the Russian Federation. The…

Central Asia Delivers 23 Bcm of Gas to China

According to the results of January-June 2019, 23.03 billion cubic meters (bcm) of natural gas came from Central Asia to China. The deliveries are made…

SOCAR Methanol Produced over 710,000 Tons of Products

From 2016 to today, more than 710 thousand tons of methanol have been produced at the SOCAR Methanol plant. According to SOCAR, it is planned…

Azerbaijan Delivers another 70,000 Tons of Oil to Ukraine

The tanker Gstaad Grace with a capacity of 70 thousand tons with Azerbaijani oil for the Kremenchug refinery of the Ukrtatnafta company completed unloading in…

IGB granted final license to start construction on Greek territory

The Greek Regulatory Authority for Energy (RAE) has issued a Decision No 671/2019 granting ICGB AD a license for Independent Natural Gas System (INGS). The…

Nord Stream Stopped for Repairs until End of Month

Both legs of the Nord Stream offshore gas pipeline stopped for two weeks (according to the schedule until the morning of July 30) for scheduled…

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