The US has raised the forecast of the average price of Brent oil for 2024

“Tatneft” will enter into a project to develop one of the oldest fields in Azerbaijan – “Bibi-Eybat,” where it will collaborate with the Azerbaijani company SOCAR on the introduction of technologies, the head of “Tatneft” Nail Maganov  stated last week during a "Dialogue on equal terms" with participants of the V International Oil and Gas Youth Forum in Almetyevsk.

BP, the operator of the “Shah Deniz” field development, plans to completely decommission electric generators on the “Shah Deniz Alpha” (SDA) platform in the third quarter of 2024, the press secretary of BP-Azerbaijan Tamam Bayatli.

There will be interruptions in the gas supply to Gobustan and Guba regions today,  “Azerigaz Production Association of the State Oil Company of Azerbaijan (SOCAR)” announced.

Azerbaijan, Kazakhstan and Uzbekistan plan to sign an intergovernmental agreement on strategic partnership in the field of development and transfer of green energy,. the Government of Kazakhstan announced.