Energy - 2024
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The State Oil Company of Azerbaijan (SOCAR) may extend the gas supply contract signed with Romania for another two years, but everything will depend on the desire of the Romanian side, SOCAR Vice Pres...
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On April 1, Azerbaijani Energy Minister Parviz Shahbazov held a meeting with his Romanian counterpart Sebastian Ioan Burduja in Baku. The parties agreed to take steps to expand cooperation, discussed...
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The priorities of cooperation between St. Petersburg and Azerbaijan are the development of trade and mutual investments, the Governor of St. Petersburg Alexander Beglov said on April 2 at a meeting i...
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The Trans-Adriatic Pipeline (TAP), which is part of the Southern Gas Corridor, is a strategic infrastructure that delivers gas from Azerbaijan to Europe. And this gas pipeline played a very important...
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Bulgaria's utilities regulator approved a 2% increase in the regulated gas price in the country in April. According to Bulgarian media, the new price is set at BGN 58.84 per MWh, excluding transportat...
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The countries of the Asia-Pacific region accounted for more than 35% of exports of petroleum products from Russia in 2023, Russian Deputy Prime Minister Alexander Novak said. He stressed that Russia h...
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The remaining recoverable reserves of oil and condensate in Karachaganak as of January 1, 2024 amounted to 253.2 million tons, Energy Minister Almasadam Satkaliyev said at yesterday's government meeti...
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In the year which ended in March, Iran increased oil supplies to China and other customers , despite US sanctions Iranian oil exports in monetary terms reached $35.8 billion in the 12 months to the en...
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The Moldovan government is stepping up the purchase of liquefied natural gas to reduce dependence on Russian supplies, the Minister of Energy of Moldova Victor Parlikov said.
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“Ukrtransgaz,” the operator of underground gas storage facilities in Ukraine, has started the gas injection season, said Alexey Chernyshov, head of the Naftogaz group, on Facebook.
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World oil prices rose by 1.8% yesterday in the first half of the day, and the cost of one barrel of Brent for the first time since October 30 last year exceeded $ 89, it follows from these trades.
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World markets are faced with an oversupply of gas due to the warmer last winter, CNBC reports, citing analysts. "Global natural gas prices are falling due to the mild winter in the Northern Hemisphere...











