Industry experts
Recep Erdogan launched oil production and gas pipelines in Mardin province and made several statements on the Turkish gas hub
Turkey is developing its own oil production and is exploring various options for filling the future gas hub.
EIA forecasts stable oil production in Azerbaijan for 2021-2022
In January, 2021 Azerbaijan increased daily oil production by 8,000 barrels and kept production at the level of 595,000 barrels.
ConocoPhillips to buy Concho Resources for $9.7 billion in 2020’s top shale deal
ConocoPhillips (N:COP) on Monday agreed to buy U.S. shale oil producer Concho Resources Inc (N:CXO) for $9.7 billion, as the energy sector consolidates further on the back of lower fuel prices and demand.
Total investments in Azerbaijan’s oil sector exceed $106 billion
According to Azernews, ver $106 billion were invested in Azerbaijan’s oil sector in the period between 1995 and 2019, Energy Minister Parviz Shahbazov has said.
Iran’s Vice President says US failed to stop Iranian oil exports
The United States has failed to stop the Iranian oil exports despite the intention to bring it to zero, said First Vice President of Iran Eshaq Jahangiri.