Energy
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Yesterday, the U.S. Senate approved the nomination of Chris Wright as Secretary of Energy, CNN reported. Wright was born on January 15, 1965, in the U.S. state of Colorado. He studied mechanical engin...
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China is introducing tariffs on U.S. imports of coal, liquefied natural gas (LNG), oil, agricultural machinery, and certain vehicles, according to the Ministry of Finance of the People's Republic of C...
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The OPEC+ monitoring committee has approved the exclusion of data from the EIA and Rystad Energy, which were previously considered when determining production levels by the countries in the agreement....
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Gas reserves in European underground storage have fallen below 53%, according to statistics from Gas Infrastructure Europe (GIE). Since the start of the heating season, Europe has withdrawn more than...
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US President D. Trump signed an order imposing 25% tariffs on goods imported into the US from Canada and Mexico, as well as a 10% tariff on Canadian energy resources, effective from February 4, 2025.
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Azerbaijan's State Oil Company (SOCAR) signed an agreement on January 31 with Union Energy to acquire a 10% stake in the Israeli offshore gas field "Tamar."
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Azerbaijan's State Oil Company (SOCAR) has initiated its first project on ground-based airborne gravity surveys in collaboration with the renowned British company Metatek. "The aim of this advanced st...
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The Bulgarian Energy and Water Regulatory Commission (EWRC) announced an increased role for Azerbaijani natural gas in the country’s energy balance, a message on the regulator's website.
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Fitch Ratings has confirmed the long-term foreign currency bond rating of 'BBB-' for the senior unsecured Eurobonds of Southern Gas Corridor CJSC (SGC). The rating reflects the full and timely repayme...
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As of October 1, 2024, the Ministry of Finance of Azerbaijan transferred assets totaling 467 million 675.1 thousand manats to the management of the State Oil Fund of Azerbaijan (SOFAZ), the conclusion...
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"Azərenerji" is constructing 6 new hydroelectric power stations with a total capacity of 37.5 megawatts in Karabakh and Eastern Zangezur. According to "Azərenerji," three of these stations are being b...
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Oil supplies from Russia to Türkiye returned to growth in 2024, reaching a new record, according to data from the analytics company Kpler. Russian oil exports to Türkiye increased by 36% last year, re...
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Uzbekistan's state oil and gas company, "Uzbekneftegaz," held discussions with Azerbaijani company CDF regarding the implementation of a system for the preparation, supply, and technical monitoring of...
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The Council of the Azerbaijan-Kyrgyzstan Development Fund (AKFR) approved financing for the construction of a 9 MW small hydropower plant in Kyrgyzstan. According to Kyrgyzstan's Ministry of Economy a...
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Russian gas supplies through the "Turkish Stream" to Europe increased by 26.7% in January compared to January last year, reaching 1.56 bcm, marking an all-time high, data from the European Network of...
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The average gas price in Europe increased by 6% in January 2024, reaching $517 per 1000 cubic meters, according to data from the London ICE exchange. The main factors driving this increase were high w...















