Energy - 2023
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Today, Minister of Oil, Gas and Mineral Resources of Angola Diamontino Azevedo announced that the country is withdrawing from OPEC, thew “Angop” news agency reported. The decision was made at a meetin...
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In January-October 2023, the countries of the European Union (EU) imported 17.4 million tons of crude oil from Azerbaijan, by 9% more than in the same period last year. The cost of oil imports from Az...
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In January-November 2023, exports of declared oil from Azerbaijan amounted to 24 million 199 thousand 455.59 tons (nomenclature code 2709), by 0.5% lower than in 11 months of 2022. The total value of...
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In January-October 2023, the countries of the European Union (EU) imported 305.7 thousand tons of petroleum products from Azerbaijan, by 19.4 times higher than the same period last year. In monetary...
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In January-September 2023, the volume of sea cargo transportation by Azerbaijani vessels amounted to 6 million 953.5 thousand tons, by 22.8% higher than last year.
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The Ministry of Energy of Azerbaijan has involved Turan Energy LLC in the preparation of a National plan for Electric Mobility. According to the public procurement portal, the Ministry of Energy has c...
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In 2023, Turkey managed to save about $ 2 billion by increasing cheaper imports of Russian oil and petroleum products, Reuters calculations based on LSEG data and traders' estimates. "Turkey paid $25-...
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Investments of Gazprom-Armenia CJSC (100% owned by Russian “Gazprom”) in 2024-2028 may amount to more than 148.92 billion drams (about $367 million at the current exchange rate), the press service of...
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In January-November, gas supplies from Russia to the countries of the European Union (EU) decreased by 60% (by 36 bcm) in annual terms, to 24 bcm, the report of the Forum of Gas Exporting Countries (...
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In November, China increased oil production to 17.2 million tons, by 2.5% compared to the same month last year, the State Statistical Office. In 11 months, production amounted to 191.25 million tons,...
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British energy giant BP Plc has decided to suspend all oil shipments through the Red Sea amid increased attacks on ships in the region. "In light of the deteriorating transportation safety situation,...
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Oil prices continued to rise on December 19 due to fears of disruptions in the supply of raw materials through the Red Sea in connection with attacks by Yemeni Houthis on naval vessels. A number of la...
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The countries of the European far abroad have reduced gas demand by 34 bcm in 11 months, its consumption there has dropped to the level of 1996, Gazprom reported.
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In January-November 2023, oil production with gas condensate in Azerbaijan amounted to 27 million 695.4 thousand tons, by 7.4% lower than in the same period of 2022. The volume of production of comme...
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In January-October, Azerbaijan supplied 9.6 million tons of oil to Italy, by 24.7% more than in the same period last year, the Italian Ministry of Environment and Energy Security.
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In January-November 2023 Azerbaijani gas exports from the “Shah Deniz” field amounted to 19 billion 927.8 mcm, by 5.5% higher than in 11 months of 2022.















