Tags OPEC+
Tag: OPEC+
Azerbaijan signs MoU for a 240-MW wind power plant
Newsroom -
Azerbaijan’s Ministry of Energy signed a series of agreements with Azerenergy and Saudi Arabia's ACWA Power to build a 240-MW wind power plant. Azerbaijan has an ambitious target to increase the share of RES to 30% by 2030.
Delayed effect of COVID-19 in oil handling business
Darius Šilenskis, CEO of KN, writes about the delayed results of the COVID-19 pandemic, including record low oil prices due to the extremely low demand for oil products and falling refining margins.
SOCAR to supervise the implementation of the OPEC+ oil production cut in Azerbaijan
Newsroom -
SOCAR will supervise the implementation of the oil production cut agreed within the OPEC+ in Azerbaijan, decreasing the country's oil production by 17.4 million barrels.
