Energy - 2022
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European Commissioner for Energy, Kadri Simson, will visit Azerbaijan in July 2022. Simson made this statement at the Three Seas Initiative Business Forum on "Creating a Balanced and Sustainable Energ...
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At a plenary session on June 22, the Milli Majlis (parliament) of Azerbaijan adopted in the first reading a draft amendment to the law "On the state budget for 2022".Finance Minister Samir Sharifov st...
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The Azerbaijan State Oil Company (SOCAR) has invested $69 million in the Romanian economy and has extensive activities in this country, stated SOCAR Vice President Kanan Najafov at the 6th meeting of...
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Negotiations are ongoing on possible supplies of Azerbaijani gas to Romania. Deputy Energy Minister Kamal Abbasov said this yesterday at a meeting of the Azerbaijan-Romania intergovernmental commissio...
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Active preparations are underway for the commercial launch of the Greece-Bulgaria interconnector (IGB). Since mid-June, tests have been carried out on the 182-kilometer pipeline route using natural ga...
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Cooperation between Russia and Iran in the energy sector has good prospects, today the two countries have schemes that allow them to work under sanctions, stated Russian Foreign Minister Sergei Lavro...
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Europe must urgently prepare for a complete cessation of natural gas supplies from Russia by taking measures to reduce consumption and maintain the performance of aging nuclear power plants, Fatih Bir...
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Britain has reduced the volume of gas imports from Russia by 75% compared to last year, British Minister of Enterprise, Energy and Industrial Strategy Quasi Kwarteng said on Thursday. "In the UK, we h...
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In May this year, OPEC + countries fulfilled the agreement by 256%, so oil production lags behind the permitted level by 2.7 million barrels per day, sources familiar with the report of the alliance's...
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The spot gas price on the London ICE exchange yesterday rose to $1,500 per 1,000 cubic meters, according to trading data. This is the highest figure since March this year.The July futures contract for...









