Energy
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Potential cooperation opportunities between the State Oil Company of Azerbaijan (SOCAR) and the Emirati company Crescent Petroleum were discussed yesterday. During a meeting between SOCAR President Ro...
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The topic of a meeting between SOCAR President Rovshan Najaf, Chairman of the Board of Directors of the Slovenian company "Petrol d.d." Sasho Berger, and the CEO of "Geoplin d.o.o." Simon Urbanc was t...
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The recent acquisition by the State Oil Company of Azerbaijan (SOCAR) of a 10% interest in the Tamar project (Israel) in the Mediterranean Sea and 3% in the SARB and Umm Lulu field development project...
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BP plans to enhance efforts to increase the oil recovery factor at the ACG (Azeri-Chirag-Gunashli) field to maximum levels, the Vice President of BP-Azerbaijan, Russell Morris, during the IADC Drillin...
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BP-Azerbaijan has begun drilling a new production well from the "Central Eastern Azeri" (ACE) platform in the Azeri-Chirag-Gunashli (ACG) field, the Vice President of BP-Azerbaijan, Russell Morris, an...
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SOCAR Petroleum has opened its first gas station in the city of Shusha. The new gas station, located on one of the busiest highways – the Shusha-Khankendi-Lachin road, is equipped with three fuel disp...
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TotalEnergies has become the main supplier of American LNG, but the company continues to supply Russian LNG to Europe from the Russian “Yamal LNG” project. The CEO of the French energy giant, Patrick...
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The United States has set a goal to physically remove Iranian oil from the market, and combined with restrictions on Russian oil, this results in a significant reduction in supply volumes. The U.S. ha...
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During the official visit of Kyrgyz President Sadyr Japarov to China on February 5, investment agreements in the energy sector were signed. According to the Kyrgyz presidential administration, an inve...
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Saudi Arabia will sharply raise oil prices for buyers from Asia and Europe in March. The price of the main grade, Arab Light, delivered to Asia, will be increased by $2.4 per barrel. This is the highe...
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The closure of gas transit from Russia to the EU via the Ukrainian gas transportation system will reduce Europe's gas storage levels to 30-35% by April, Bloomberg reports. The agency believes that EU...
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The total volume of Azerbaijani gas transported via the TANAP pipeline to Türkiye and Europe reached 75 bcm. "To date, the total volume of gas transported through TANAP – a key link in the Southern Ga...
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Azerbaijan and Tatarstan held talks on energy cooperation. According to the Ministry of Energy of Azerbaijan, the discussions took place during a meeting between Azerbaijan's Minister of Energy Par...
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Azerbaijan has significant potential in renewable energy and continues to invest in this area, the Chairman of the Milli Majlis (Parliament) Committee on Natural Resources, Energy, and Ecology, Sadig...
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The Milli Majlis (Parliament) of Azerbaijan approved the agreement on strategic partnership between Azerbaijan, Kazakhstan, and Uzbekistan in the development and transmission of green energy. This iss...
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The procedures for registering the Green Energy Corridor Power Company (GECO Power Company) have been completed in Bucharest, Romania. The company will manage the Black Sea underwater energy cable pro...