Energy - 2024
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In 2023, Azerbaijani gas supplies to Europe amounted to 11.8 bcm, Azerbaijani Energy Minister Parviz Shahbazov said. In 2022, Azerbaijani gas exports to Europe amounted to 11.4 bcm. Thus, in 2023, the...
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BP-Azerbaijan expects to start drilling the first production well for natural gas production (deep-gas) from the deep-lying formations of the Azeri-Chirag-Guneshli block (ACG) in 2024. According to Ba...
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At the end of last year, at a meeting of the Supervisory Board of the State Oil Company of the Republic of Azerbaijan (SOCAR), it was decided to establish SOCAR Green. The State Oil Company's message...
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“Azerenergy” OJSC plans to put 12 hydroelectric power plants (HPPs) into operation in Karabakh and Eastern Zangezur in 2024. According to the company, in 2023, “Azerenergy” began construction of 9 hy...
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Last year, the Caspian Pipeline Consortium (CPC) shipped a record 63.5 million tons of oil at its oil terminal in the Black Sea, by 4.8 million tons more than a year earlier, the company said. "In 20...
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In 2023, the volume of oil production in Belarus amounted to 1.876 million tons, the state-owned enterprise “Belorusneft” reported. 201 thousand tons of raw materials were extracted from wells drilled...
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Since the beginning of the winter season 2023-2024, net extraction from underground gas storage facilities (UGS) in the EU - the first decade of November, amounted to almost 15 bcm of gas, data from...
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In 2023, electricity generation from wind in the European Union averaged 17.1% of the total volume, data from the European Wind Energy Association WindEurope. Energy production by wind farms was u...
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Exchange prices for gas in Europe decreased by 7.3% on the first trading day of the year, falling below $ 350 per thousand cubic meters, the London ICE exchange. February (upcoming) futures on the...








