Energy - 2024
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In January of this year, Azerbaijan continued to import Turkmen gas, the data published in the trade bulletin of the State Statistical Committee of the Republic of Azerbaijan. According to the documen...
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In January 2024, the export of declared volumes of Azerbaijani gas amounted to 1 billion 931 million 879.69 thousand cubic meters, by 7.6 times higher than in January 2023, the monthly report of the S...
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In January 2024, Azerbaijan imported 27 thousand 617.99 tons of crude oil worth $15 million 436.58 thousand. The entire volume of crude oil imports fell on the Russian Federation, the trade bulleti...
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A technical committee in the field of electric power and renewable energy sources (RES) has been established in Azerbaijan, the Ministry of Energy of the Republic of Azerbaijan reports. This technical...
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In Azerbaijan, in 2024, it is planned to lay the foundation of four power plants powered by renewable energy sources (RES), Energy Minister Parviz Shahbazov said.
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Turkiye has started drilling the “Gektepe-1” well in the Black Sea to determine the presence of gas deposits, Minister of Energy and Natural Resources Alparslan Bayraktar said.
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Oil became the main transit cargo on the Northern Sea Route (NSR) last year, Russian Deputy Prime Minister Alexander Novak said. "Last year, a record cargo flow was recorded along the Northern Sea Rou...
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The operator of the Kashagan field North Caspian Operating Company (NCOC) has paid a fine of 12.419 billion tenge ($27.7 million at the current exchange rate) for environmental violations, the press s...
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More than 20% of the world's oil refining industry's capacities were threatened with closure due to the projected decline in gasoline profitability and the adoption of measures to reduce carbon dioxid...
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Brent and WTI oil prices ended March and the first quarter of 2024 with steady growth. In March, Brent rose by 4.6%, WTI - by 6.3%. In the first quarter, prices rose by 13.6% and 16.1%, according to D...
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The price of gas in Europe in January - March 2024 fell by 17% to about $306 per 1,000 cubic meters, according to data from the London ICE exchange on futures and calculations by TASS. The main factor...










