Energy - 2023
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“Gazprom” set a new historical record for daily gas supplies via the Power of Siberia gas pipeline to China on November 23, the company said. "On November 23, the Chinese side's application for the...
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The names of countries due to which the OPEC+ meeting was postponed
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It is necessary to expand the Southern Gas Corridor with a new pipeline through the Alps, German Chancellor Olaf Scholz stated at a joint press conference with Italian Prime Minister Giorgia Meloni i...
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In January-September 2023, gas supplies from Azerbaijan to Italy via the Trans-Adriatic Pipeline (TAP) amounted to 7 billion 373 mcm, by 4.3% less than the same period in 2022. According to the Itali...
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Parviz Shahbazov, Azerbaijani Energy Minister, and Peter Szijjarto, Hungarian Minister of Foreign Economic Relations and Foreign Affairs discussed prospects for gas supplies to Budapest from Azerbaij...
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There is a great potential for expanding cooperation between SOCAR (the State Oil Company of Azerbaijan) and the National Company of Kazakhstan “KazMunayGas",
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SOCAR Petroleum S.A. (SOCAR's "daughter" in Romania) is interested in participating in the construction of a bitumen terminal in the port of Constanta (Romania) together with the Romanian port operato...
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A private domestic company GL uses artificial intelligence (AI) and machine learning to analyze seismic data in the fields of Azerbaijan, stated Kenan Aliyev, the Director of Subsurface Use of GL dur...
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The capacity of the Greece-Bulgaria gas interconnector (IGB) can be increased from the current 3 bcm per year to 5 bcm per year already in 2025. According to the ICGB company, the pipeline operator, a...
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Azerbaijan plans to put into operation the capacity of "green energy" in 1870 MW by 2028, as a result, the share of RES (hydropower + alternative energy sources - Turan) in the energy sector will reac...
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Over the past 16 year, the share of oil and gas revenues of the federal budget has decreased to a minimum and amounted to approximately 28% of all revenues, analytical note of the Accounts Chamber of...
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By 2030, Kazakhstan plans to increase renewable energy generation by 2.8 times to 15 percent of total production, Sergey Katyshev, an independent consultant, former director of the Project Management...
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By the end of the current Iranian calendar year, the volume of oil production in Iran will reach 3.6 million barrels per day, which will end on March 20, 2024, Iranian Oil Minister Javad Oudji said du...
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In January-September of this year, the European Union increased purchases of Indian petroleum products by 2.5 times, which allowed India to enter the top three of their largest suppliers to the associ...
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Before the OPEC+ meeting (to be held on November 30 in the form of a videoconference), Nigeria announced that it is increasing oil production and plans to increase it to 2 million barrels per day by t...
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Exchange prices for gas in Europe increased by 4% at the end of Thursday's trading, to $ 524 per thousand cubic meters, data from the London ICE exchange.















