Energy - 2022
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The world's largest energy companies report record profits in the third quarter. Energy giants made good money on sales to the EU, which are actively buying oil and gas from alternative sourcesIn the...
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In 2022, SOCAR forecasts an increase in hydrocarbon production by 4%, and in 2023 - by 5%, the message of the international rating agency Fitch Ratings on the confirmation of the ratings of the State...
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Declared gas imports to Azerbaijan in January-August 2022 amounted to 561 million 897.29 thousand cubic meters of gas, which is 33.1% higher than the same period in 2021, a special bulletin of the Sta...
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Azerbaijan and Kazakhstan continue negotiations on the conditions for pumping oil through the Baku-Supsa oil pipeline. "Negotiations continue, I hope that it will be, but I don't know when," Deputy En...
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The cost of Russian gas for Moldova in November, according to preliminary calculations, will drop to $821.58 per thousand cubic meters. m, the head of Moldovagaz, Vadim Cheban, said in his Telegram ch...
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Mechanical repair work to restore production levels at the largest oil and gas field Kashagan has been completed, the commissioning of the Bolashak plant's preliminary gas selection unit is expected w...
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The UK will stop importing Russian liquefied natural gas (LNG) from January 1, 2023, follows from a message from the Ministry of Foreign Affairs of the kingdom on Twitter.In September, Bloomberg wrote...
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EU legislators have reached an agreement to ban the production of new cars and minibuses with internal combustion engines from 2035. Now the bill must be officially approved by the Council of the EU a...
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Azerbaijan's strategic foreign exchange reserves have exceeded $55 billion, Chairman of the Central Bank of Azerbaijan (CBA) Taleh Kazimov said."The volume of strategic foreign exchange reserves for 9...
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Capital investments of the State Oil Company of Azerbaijan for 2022-2025 are estimated at 16 billion manats ($9.4 billion at the current exchange rate), Fitch reports.According to the agency, SOCAR ca...
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32 million tons of Turkmen oil were delivered to world markets through the main export pipeline of Azerbaijan Baku-Tbilisi-Ceyhan, SOCAR President Rovshan Najaf announced at the International Forum "O...
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The creation of a gas hub in Turkey is beneficial to everyone - Russia, Turkey, Azerbaijan, Europe, Chairman of the Board of Directors of “Gazprom” Viktor Zubkov is sure." This hub is beneficial for e...
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Turkey is not just a neighbor country for Azerbaijan, but also a partner, so Baku is trying to participate in its projects, said Deputy Energy Minister of Azerbaijan Elnur Soltanov during the Eurasian...
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The head of “Rosneft”, Igor Sechin, invited SOCAR to participate in the “Vostok Oil” project in the north of the Krasnoyarsk territory.Speaking yesterday at the 15th Eurasian Economic Forum in Baku, S...
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Revenues to the State Oil Fund of Azerbaijan (SOFAR) from the sale of profitable oil and gas from the Azeri-Chirag-Guneshli (ACG) block and the “Shah Deniz” field in January-September 2022 amounted to...
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The American company "Trans Caspian Resources, Inc" presented a project for a 78-kilometer Trans-Caspian interconnector (connecting gas pipeline) between Turkmenistan and Azerbaijan. Through this inte...















