OPEC+ monitoring raises forecast for oil market deficit in 2021-REPORT.AZ
Apr 28, 2021
Oil could plunge to $10 a barrel within 30 years if Paris agreement goals met
The price of oil could plunge to as little as $10 a barrel by 2050 if the world succeeds in electrifying the energy market and meeting the Paris Agreement goals, analysis by consultancy Wood Mackenzie shows.
Apr 16, 2021
Azerbaijan Dramatically Raises Crude Revenue Expectations
Azerbaijan has dramatically raised the expected amount it forecasts to receive from crude oil output from Q2 2021.
Feb 25, 2021
SOCAR Moves to Phase Two of Southern Gas Corridor
The State Oil Company of Azerbaijan (SOCAR) is moving to the second phase of the Southern Gas Corridor (SGC), cementing the country’s position as a key player in the diversification of Europe’s energy resources.
Feb 21, 2021