Tuesday, January 26, 2021
Tags OPEC+

Tag: OPEC+

Azerbaijan signs MoU for a 240-MW wind power plant

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

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.
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