Energy - 2022
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The cost of February futures for gas on the TTF index, the most liquid European hub, yesterday amounted to $1,063.5 per 1,000 cubic meters.The average settlement price of gas at ICE, according to RIA...
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The Russian oil company LUKOIL has closed deals to enter the Shallow Water Absheron Peninsula (SWAP) project and increase its share in the Shah Deniz project in the Azerbaijani sector of the Caspian S...
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Russia has not yet succeeded in restoring oil production, reduced in accordance with the current deal, Bloomberg reports. However, the number of active oil wells in Russia reached its highest level in...
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President of Turkmenistan Gurbanguly Berdimuhamedov ordered the Central Bank of the country to provide loans to fuel and energy enterprises in the total amount of 234.5 million manats ($67 million at...
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The European Commission (EC) announced yesterday that the EU countries had reached an agreement on its proposal to invest 1.037 billion euros in five cross-border projects as part of the European Tran...
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Oil prices began to decline during trading on Thursday after a steady increase the day before, when quotes updated 7-year highs.March futures for Brent on London's ICE Futures exchange reached $91 per...
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As of January 25, more than three-quarters of the volume of gas pumped in the summer has already been taken from underground gas storage facilities in Europe, RBC was told in the press service of Gazp...
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The international rating agency Fitch Ratings expects the average price of Brent oil in 2022 to be $70 per barrel and predicts its decline in subsequent years, said Dmitry Marinchenko, director of the...
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Deputy Prime Minister - Minister of Energy and Mining of Serbia Zorana Mikhailovich will visit Azerbaijan to participate in the upcoming meeting of the Advisory Council of the Southern Gas Corridor in...
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Samir Mollayev, General Director of SOCAR AQŞ, met with a delegation led by the Director of the Iraqi Drilling Company (IDC) Basim Abdulkarim and discussed the possibilities of cooperation in the fiel...
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A presentation of a preliminary draft roadmap for the use of wind energy in the Azerbaijani waters of the Caspian Sea was held.The presentation took place yesterday during the reception by Energy Mini...
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In 2021, a solid waste incineration plant located in the Balakhani village of the Sabunchi district of Baku, owned by Clean City OJSC (on the balance sheet of the Ministry of Economy of the Republic o...
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At the end of 2021, Azerbaijan exported 1,677 million kWh of electricity, imports amounted to 151.5 million kWh. This was reported by the Ministry of Energy of Azerbaijan.According to the data, this i...
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Due to lack of electricity, Uzbekneftegaz JSC suspended the operation of one oil refinery and three gas processing enterprises, as well as hydrocarbon production at 64 fields, the company's press serv...
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The Kremlin called "fake hysteria" reports that Russia, in response to sanctions, could stop gas supplies to Europe. "This is another brilliant example of such fake hysteria. Russia, in the most diffi...
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European Commissioner for Energy Kadri Simson sees geopolitical factors among the factors of unprecedentedly high gas prices."The current period is extremely important for the energy sector in the EU....















