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Azerbaijan’s SOCAR in talks to develop oil field in Russia: VP

Azerbaijan’s state oil company SOCAR is in talks with Russia’s Rosneft, Gazprom and Novatek over the development of an oil field in Russia, SOCAR Vice President Elshad Nasirov told reporters Nov. 1 in Minsk, Reuters reported.

read more... 02/11/2018

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Daily (01.11.2018): Brent crude fell 0.6% on Wednesday, amid concerns over global demand

On Wednesday, oil crude prices continued to lose ground, posting the worst monthly performance since July 2016 amid the escalating trade war between U.S and China and concerns over global demand. Brent crude lost by 0.6% to $75.47 a barrel, while WTI crude traded 1.3% down at $65.31 a barrel.

read more... 01/11/2018

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Gas imports to Ukraine fell by a quarter for nine months

In January-September 2018, natural gas imports to Ukraine amounted to 8.1 billion cubic meters, which is 24.3% less than during the same period last year.

read more... 01/11/2018

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Siemens Gamesa secures 176.8 MW order from India

Siemens Gamesa secured orders from India's ReNew Power for the construction of two wind farms with a total capacity of 176.8 megawatts (MW), the company announced Wednesday.

read more... 01/11/2018

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Azerbaijan, Kazakhstan may build plant for production of liquefied gas

Kazakhstan and Azerbaijan are discussing the possibility of building a plant for the production of liquefied natural gas in western Kazakhstan, Kazakh Energy Minister Kanat Bozumbayev told reporters, Interfax-Kazakhstan reported.

read more... 01/11/2018

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