Energy - 2024
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In March 2024, oil production in Azerbaijan amounted to 481 thousand b/d against the February figure of 476 thousand b/d, the message of the Ministry of Energy of Azerbaijan. According to the ministry...
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In the first quarter of 2024, the nominal GDP of Azerbaijan amounted to 29 billion 96.8 million manats, the real economic growth is estimated at 4%. According to the State Committee on Statistics of t...
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The JOCAP Operating Company (Joint Operating Company of Absheron Petroleum B.V.) produced 400 mcm of gas from the “Absheron” gas condensate field in the Caspian Sea in January-March 2024.
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By order of President Ilham Aliyev, Orhan Namig oglu Zeynalov was appointed Deputy Minister of Energy of the Republic of Azerbaijan, the message of the Ministry of Energy of the Republic of Azerbaijan...
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The government of Azerbaijan plans to gradually replace public buses with diesel fuel with electric buses. In this regard, the assembly of electric buses will begin in Azerbaijan in 2025.
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The Caspian Pipeline Consortium (CPC) has started scheduled maintenance and connection of new equipment at the facilities of the Tengiz-Novorossiysk main oil pipeline since April 9. According to the p...
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In January-March this year, Kazakhstan's “KazTransOil” delivered 2.507 million tons of Russian oil in transit to China, the company's press service reported. According to the company, in the first qua...
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The increase in commodity prices in the world shows that investors are betting on long-term economic growth and a likely increase in inflation, “The Wall Street Journal” newspaper writes. The S&P GSCI...
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Oil prices this year will range from $80 to $100 per barrel, and global oil demand will grow by 1.9 million barrels per day, believes Russell Hardy, Chief Executive Officer of Vitol international trad...








