Energy
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The Ministries of Energy of Azerbaijan and Kyrgyzstan signed a Memorandum of Understanding on cooperation in the energy sector. The document was signed by Azerbaijani Energy Minister Parviz Shahbazov...
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Azerbaijani natural gas supplies to Hungary have begun since April of this year, the Minister of Labor and Social Protection of the Population of Azerbaijan Sahil Babayev told yesterday at a business...
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MOL's investments in the oil and gas sector of Azerbaijan have so far amounted to $2 billion, Attila Somfai, Managing Director of MOL Azerbaijan, said yesterday during the 10th meeting of the Azerbaij...
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Yesterday, the State Oil Company of Azerbaijan (SOCAR) and the State Tax Service (STS) under the Ministry of Economy signed a Memorandum on Cooperation in the field of education and development, the j...
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Yerevan is ready to discuss the issue of gas purchase with Baku, Speaker of the Armenian Parliament Alen Simonyan stated yesterday at a briefing. "I am very positive about this issue, I think we shoul...
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The cost of Russian gas for China in the coming years will fall by 28% compared to other European consumers. This discount will remain at least until 2027, writes Bloomberg with reference to the macro...
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The Kazakh National Oil Company “KazMunayGas” JSC (KMG) will build a plant in the south-west of Kazakhstan for the production of oil and gas equipment worth about $40 million. According to the press s...
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The Days of Sustainable Energy of the European Union and Turkmenistan 2024 (SED) will start, which will be held from April 27 to May 3 in Ashgabat, and then the Caspian city of Turkmenbashi, the mess...
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A two-day international forum on attracting foreign investment in the oil and gas industry of Turkmenistan began its work in Paris yesterday.
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The UK continues to purchase Russian oil on a large scale, using the existing legislative loophole to circumvent sanctions.
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Italian oil and gas company Eni SpA reduced net profit and revenue in the first quarter of 2024. In January-March, the company's net profit fell to 1.21 billion euros from 2.39 billion euros a year ea...
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In the first quarter of this year, electricity production in Azerbaijan amounted to 7 billion 129.3 million kWh, the country's Ministry of Energy reports.
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In 2023, oil supplies from Azerbaijan covered more than 25% of the Czech Republic's demand for this type of raw material, according to the website of the Czech Foreign Ministry following talks in Prag...
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In the first quarter of this year in Azerbaijan, tax revenues to the state budget for the oil and gas sector amounted to 1 billion 367.3 million manats, by 40.1% less than in the same period last year...
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President of the State Oil Company of Azerbaijan (SOCAR) Rovshan Najaf met with British Ambassador to our country Fergus Old and Co-chairman of the UK Export Finance Department (UKEF) Emma Thomas on g...
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The Ministry of Energy announced an auction for the design, financing, construction and operation of a 100 MW solar power plant (SPP) in Gobustan district.