Energy - 2024
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“Russneft” has exited its oil production projects in Azerbaijan due to corporate necessity, the company’s president, Yevgeny Tolochok told journalists at the Russian Energy Week. When asked why the c...
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Serbia is counting on secure supplies of an additional one mcm of gas from Azerbaijan this coming winter, which will enhance the country’s energy security, the Serbian Ministry of Mining and Energy, s...
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At the end of last week, Azerbaijan and “Masdar” (UAE) held discussions regarding the project to create an energy storage system, a message from the State Agency for Renewable Energy Sources under the...
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Hydrocarbon production by “LUKOIL” in the first half of 2024 amounted to 2.289 million barrels of oil equivalent per day, a 1% decrease compared to the previous year, according to the company's repor...
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Gas production in Russia is expected to grow by about 10% in 2024 compared to last year, announced Russian Deputy Prime Minister Alexander Novak in an interview with the "Russia 24" channel. This grow...
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The construction of two nuclear power plant units, each with a capacity of 1200-1400 MW, may cost between $10-15 billion, LSM reported citing preliminary data from the Kazakh Atomic Electric Stations...
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The European Union has imposed duties on electric vehicles from China due to concerns about the potential dominance of Chinese cars in the European market., French Foreign Minister Jean-Noël Barrot sa...
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The three largest tanker buyers spent over $1 billion collectively on acquisitions from February to July, according to research from VesselsValue, a vessel tracking and assessment service.
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In recent years, oil production in Azerbaijan, as part of projects implemented by foreign oil companies, has been declining year after year, which has naturally negatively impacted our overall economi...
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On September 26, Azerbaijan and Serbia signed an agreement for additional gas supplies. Azerbaijani Energy Minister Parviz Shahbazov announced this on his social media page. The companies SOCAR and Sr...
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Azerbaijan and Slovakia are discussing the practical aspects of gas supply and transportation through the relevant gas systems, Deputy Minister of Economy Anar Akhundov stated at the Azerbaijani-Slova...
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Since the start of operations of the Trans-Adriatic Pipeline (TAP), a total of 40 bcm of gas have been transported, TAP Managing Director Luca Schieppati said at the Italian Energy Summit.
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Today, 43 transmission system operators are authorized to book capacity on the Trans-Adriatic Pipeline (TAP), TAP Managing Director Luca Schieppati stated at the Italian Energy Summit.
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The State Oil Company of Azerbaijan (SOCAR) is exploring opportunities to participate in projects being implemented in Pakistan. According to SOCAR's press service, this issue was discussed during a m...
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Astana is expecting preliminary results on judicial claims by December, reported Reuters, citing the head of the country's Ministry of Energy, Almasadam Satkaliyev. Last year, Kazakhstan initiated arb...
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The volume of Russian gas transiting through Kazakhstan has surged this year, according to the Kazakh Ministry of Energy. Data from the ministry indicates that while the total for last year was 1.28 b...















