Energy - 2024
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Gas condensate production in Azerbaijan in 2023 amounted to 5 million 215.84 thousand tons, by 3.9% higher than in 2022. Condensate accounted for 17.3% of the total oil production in the country, the...
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On February 2, in Baku, Azerbaijan and the UN held fruitful discussions on the country's transition to "green" energy, Energy Minister Parviz Shahbazov wrote on the social network "X".
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Since February 2024, Elnara Mammadova, who has been working for this company in Azerbaijan for more than 18 years, has become the Chief Procurement Officer of bp for Azerbaijan, Georgia, and Turkey, t...
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Yesterday, during the construction of a water pipeline in the village of Nardaran in the Sabunchi district of Baku, the Digyah-Bilgah main gas pipeline was damaged. As a result of the accident in t...
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By February1, this year, the daily consumption of natural gas amounted to 43 million 441 thousand cubic meters, Rasim Ahmedov, head of the department of the “Azerigaz” Production Association told jour...
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Kazakhstan plans to produce up to 88.3 million tons of oil in 2024 at three large fields – “Tengiz,” “Kashagan” and “Karachaganak”, the Ministry of Energy of Kazakhstan. Earlier, the Minister of Ene...
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The volume of oil production at the “Kashagan” Caspian field in 2023 reached a record level of about 18.8 million tons (in 2022 – 12.7 million tons), was noted during a meeting between Magzum Mirzagal...
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In January 2024, the number of operating oil and gas drilling rigs in the world increased to 1,784 units against 1,739 in December. The growth was mainly due to Canada, the American oilfield services...
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Chevron Corp., the second largest oil company in the United States, reduced net profit by almost three times in the fourth quarter of 2023, revenue by 16.5%.
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Last Friday evening, oil quotes went down against the background of the active strengthening of the US dollar. By the end of February 2, April Brent futures fell in price on the London ICE Futures...









