Energy - 2024
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In January 2024, revenues to the State Oil Fund of Azerbaijan (SOFAZ) from the sale of profitable oil from the Azeri-Chirag-Guneshli block (ACG) amounted to $387 million 645 thousand. According to SO...
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The private company "Azpetrol Ltd", the leader in the retail market of petroleum products in Azerbaijan, has commissioned a new modular gas station in the city of Shusha. "On February 6, “Azpetrol” co...
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The US Department of Energy slightly lowered the forecast for the price of Brent crude oil for 2024 from $82.49/bbl to $82.42/bbl, the data of the monthly forecast of the Energy Information Administr...
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Oil exports from Russia decreased by 3.3% last year, to 234.3 million tons, the presentation of Deputy Prime Minister of the Russian Federation Alexander Novak during an open dialogue in the Federatio...
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Kazakhstan intends to increase the volume of oil supplies along the Trans-Caspian route to 3 million tons within two years, the press service of the Kazakh government reported. It is reported that 1.4...
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Dragon Oil of the United Arab Emirates will begin drilling wells at Block 19 in the Turkmen sector of the Caspian Sea in 2024, said the company's Chief Executive Officer Ali Rashid Al-Jarwan. Accordin...
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In the European Union, the share of renewable energy sources in transport reached 9.6% in 2022, by 0.5% higher than in 2021, but by 0.7% lower than the record levels in 2020. Renewable energy sources...
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British BP Plc has completed the year 2023 with a net profit, although at the end of the fourth quarter the indicator fell by almost 30 times. Net profit in October-December amounted to $371 million c...
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By 2025, British BP Plc wants to increase its portfolio of liquefied natural gas (LNG) from 23 million tons in 2023 to 25 million tons in 2025, the head of the company, Murray Auchincloss, announced d...
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Gas will be the most in demand resource, but in the period from 2025 to 2030, its shortage is expected in the world, Qatar's Minister of State for Energy Saad bin Sharida al-Kaabi shared his forecast.
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Yesterday, natural gas futures in the United States fell by 3%, to the lowest in nine months, amid a slight increase in production. At the same time, gas flows to liquefied natural gas (LNG) export pl...










