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SOCAR and Total to cooperate for the development of Absheron field

Azerbaijan’s state oil firm SOCAR and France’s Total company negotiated prospects for future collaboration, counting the development of Absheron gas condensate field in the Caspian Sea, as stated in a message published on the SOCAR’s website on December 21.

read more... 22/12/2017

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Daily (22.12.2017): EU carbon prices hiked by 2.7% to hit a two-year peak on Thursday

Oil prices rose slightly on Thursday, erasing preceding losses after the operator of Britain's Forties pipeline in the North Sea declared it was expected to restart at the beginning of January after repairs over Christmas.

read more... 22/12/2017

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Qatargas inks a 5-year LNG agreement with Austrian OMV

Qatargas and OMV inked a deal to provide 1.1 million tonnes of LNG annually to the Austrian company for the next five years.

read more... 21/12/2017

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Germany launches the tallest wind turbines in the world

New German wind turbines, considered the tallest in the world, are now operational.

read more... 21/12/2017

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Fortum Indian solar plant capacity rose by over 100%

On Thursday, Finnish made Fortum 100-megawatt solar plant was linked to the Indian grid. It will more than double company's solar generation capacity in India.

read more... 21/12/2017

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