Posts filtered by tags: State Oil Company[x]


Socar Trading Head Expects Oil to Hit $80 a Barrel This Year - Bloomberg

Socar Trading Head Expects Oil to Hit $80 a Barrel This Year - Bloomberg Oil prices will hit $80 a barrel this year as demand comes roaring back and producers won’t be able to immediately respond with sufficient supply, Socar Trading SA said, joining a chorus of bullish calls on the market.Hayal Ahmadzada, Socar’s chief trading officer, said the glut of excess oil stocks that built up in 2020 in response to the pandemic will be fully drawn down by the summer. At the same time, soaring prices for...
Tags: Travel, Bloomberg, Baku Azerbaijan, State Oil Company, Rupert Neil Bumfrey, Bloomberg Oil, Socar Trading Head Expects Oil, Socar Trading SA, Hayal Ahmadzada Socar, Ahmadzada, Azerbaijan Republic Geneva, Socar Trading

Baku, Azerbaijan's best architecture

Bordered by Georgia , Armenia, Russia, Iran, and the Caspian Sea is Azerbaijan, a country most people can’t find on a map, nevermind know anything about its architectural styles. And because it is located in South Caucasus, a region of the world that incorrectly conjures little more than drab Soviet cities, nobody expects Baku, Azerbaijan’s capital city, to have an exciting skyline that could rival the likes of Beijing, Ryad, and London’s. Baku’s electric urban landscape started with its first...
Tags: Travel, London, Unesco, Korea, Azerbaijan, Zaha Hadid, All, Baku Azerbaijan, Old City, Baku, Caucasus, Lenin, SOCAR, State Oil Company, Azerbaijan Republic, Government House

Trump Administration Hits Venezuela's State Oil Company With $7 Billion in Sanctions

The move is aimed at increasing pressure on President Maduro to cede powe
Tags: News, Venezuela, Maduro, State Oil Company, Trump Administration

Angola: State Oil Company 'Can't Even Afford Toilet Paper'

[Maka] Employees at the Angolan oil giant have flushed out some startling news about Sonangol's continued decline. Since President José Eduardo dos Santos put his daughter, Isabel (Africa's first female billionaire), in charge the oil giant's fortunes "are in the toilet".
Tags: News, Angola, Jose Eduardo Dos Santos, Maka, State Oil Company, Sonangol

SOCAR to increase gas supply to Georgia

The State Oil Company of the Azerbaijan Republic will maximally increase the gas supply to Georgia up to seven million cubic meters per day, Mahir Mammadov, the head of SOCAR Energy Georgia, told the Georgian Rustavi 2 TV channel, Sputnik-Georgia reported. Following a meeting with the head of SOCAR in Tbilisi, Georgian Energy Minister Kakha Kaladze said that daily consumption of gas in Georgia exceeded 11 mcm per day.
Tags: Georgia, Kakha Kaladze, SOCAR, State Oil Company, Azerbaijan Republic, Mahir Mammadov, SOCAR Energy Georgia, Georgian Rustavi, Sputnik Georgia, Tbilisi Georgian Energy