Energy - 2024
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The Kazakh National Oil Company “KazMunayGas” JSC (KMG) will build a plant in the south-west of Kazakhstan for the production of oil and gas equipment worth about $40 million. According to the press s...
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The Days of Sustainable Energy of the European Union and Turkmenistan 2024 (SED) will start, which will be held from April 27 to May 3 in Ashgabat, and then the Caspian city of Turkmenbashi, the mess...
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A two-day international forum on attracting foreign investment in the oil and gas industry of Turkmenistan began its work in Paris yesterday.
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The UK continues to purchase Russian oil on a large scale, using the existing legislative loophole to circumvent sanctions.
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Italian oil and gas company Eni SpA reduced net profit and revenue in the first quarter of 2024. In January-March, the company's net profit fell to 1.21 billion euros from 2.39 billion euros a year ea...
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In the first quarter of this year, electricity production in Azerbaijan amounted to 7 billion 129.3 million kWh, the country's Ministry of Energy reports.
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In 2023, oil supplies from Azerbaijan covered more than 25% of the Czech Republic's demand for this type of raw material, according to the website of the Czech Foreign Ministry following talks in Prag...
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In the first quarter of this year in Azerbaijan, tax revenues to the state budget for the oil and gas sector amounted to 1 billion 367.3 million manats, by 40.1% less than in the same period last year...
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President of the State Oil Company of Azerbaijan (SOCAR) Rovshan Najaf met with British Ambassador to our country Fergus Old and Co-chairman of the UK Export Finance Department (UKEF) Emma Thomas on g...
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The Ministry of Energy announced an auction for the design, financing, construction and operation of a 100 MW solar power plant (SPP) in Gobustan district.
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Washington will continue to impose sanctions against the Russian energy sector and related infrastructure, US Deputy Energy Minister Geoffrey Pyatt said yesterday.
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The era of fossil fuel use is coming to an end, German Chancellor Olaf Scholz believes. "Of course, it is also clear to all of us: the era of fossil fuels is coming to an end. For all of us, this mean...
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The head of the European Commission, Ursula von der Leyen, said that from 2025 many new export projects for liquefied natural gas (LNG) will enter the world market, which will lead to an abundance of...
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In January-March 2024, budget revenues of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) amounted to 5,268.3 million manats ($3 billion 99 million), budget expenditures – 3,205.4 million man...
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Azerbaijani Energy Minister Parviz Shahbazov, at a meeting in New York with Mary Bers Warlick, Deputy Executive Director of the International Energy Agency (IEA), discussed the draft "Energy Efficienc...
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The assets of the State Oil Fund of the Republic of Azerbaijan (SOFAZ), as of April 1, 2024, reached $57 billion 373 million, the SOFAZ press service. "In the first quarter of 2024, assets increased b...















