Energy - 2023
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The Turan-Energy team wishes you a happy New Year, prosperity and great success in your business in 2024!
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The State Oil Company of Azerbaijan has acquired equity interests of a Norwegian company in projects for the development of the Azeri-Chirag-Guneshli (ACG) block of fields, the “Karabakh” field and th...
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The total volume of oil production from the “Western Azeri” platform on the Azeri-Chirag-Guneshli block has reached 1 billion barrels since its commissioning. This is the second platform on the ACG bl...
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In January-October 2023, Azerbaijan entered the top ten largest oil exporters to the European Union becoming the ninth largest energy supplier among non-EU countries. According to the results of 10 mo...
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The Serbian authorities plan to build connecting gas pipelines for gas supplies from Romania and Northern Macedonia to diversify sources in light of the country's growing consumption, Serbian Presiden...
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In November 2023, Turkiye purchased a historically record amount of oil from Russia, despite anti-Russian sanctions, Haber7 writes. Ankara bought raw materials at comfortable prices, and this helped T...
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The “Rozhkovskoye” gas condensate field has been put into commercial operation in the West Kazakhstan region. On December 22, Prime Minister of the Republic of Kazakhstan Alikhan Smailov took part in...
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Bulgaria has notified Hungary that the law on the abolition of excise duty on the transit of Russian gas has entered into force, Hungarian Foreign Minister Peter Szijjarto said.
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The daily generation of electricity from wind in the European Union has reached an annual maximum – a share of 35.9%, data from the Wind Europe Association.
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Azerbaijan became the fifth largest exporter of pipeline gas to the European Union (EU) in January-October 2023, the Statistical Office of the European Union (Eurostat). On the results of 10 months, t...
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On Wednesday, President of SOCAR (State Oil Company of Azerbaijan) Rovshan Najaf held a meeting with Jean-Luc Guiziou “TotalEnergies” Senior Vice President Europe, Exploration and Production. The part...
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SOCAR Turkey, a subsidiary of the State Oil Company of Azerbaijan (SOCAR) in Turkey, has invested $18.2 billion in our country, Deputy Minister of Energy and Natural Resources of Turkey Nevzat Shatyro...
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The State Oil Company of Azerbaijan (SOCAR) stands for a fair and scientifically based energy transition, SOCAR President Rovshan Najaf during a speech at the Azerbaijani-Turkish Investment Forum. Naj...
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An agreement has already been reached with Kazakhstan and Uzbekistan on the export of "green" electricity through Azerbaijan to Europe, Azerbaijani Energy Minister Parviz Shahbazov said this yesterday...
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Azerbaijan, together with Turkey, plans to restore five small hydroelectric power plants (HPPs) in the liberated territories, Azerbaijani Economy Minister Mikail Jabbarov said at the Azerbaijani-Turki...
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The subsidiary of KazTransOil (KTO) in Georgia, Batumi Oil Terminal LLC, plans to increase the volume of transshipment of Kazakh fuel oil to 90 thousand tons per month in December 2023, by 30% more th...















