Energy - 2024
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The spot price of gas in Europe exceeded $400 per thousand cubic meters for the first time this year. On May 23, the quotes of the contract "a day ahead" on the main trading platform of the region - t...
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The “Azneft” Production Association (SOCAR's oil and gas production structure) and the American company Baker Hughes have agreed to establish a joint center in Azerbaijan for the assembly and maintena...
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OPEC fully supports Azerbaijan and welcomes the holding of COP29 in Baku in November, the message of the OPEC secretariat following the meeting of the Secretary General of the oil cartel Haith...
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“Azerishig” OJSC (the state monopoly on electricity distribution in Azerbaijan) is reconstructing power lines in 100 settlements where high electricity losses are observed. This is reported by “Azeris...
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The Minister of Energy of Azerbaijan discussed cooperation with S&P Global Commodity Insights within the framework of the 29th session of the Conference of the Parties to the United Nations Framework...
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Turkiye has started drilling a new exploration well in the Black Sea in order to search for new gas deposits, Turkish Minister of Energy and Natural Resources Alparslan Bayraktar announced.
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A comprehensive plan for the development of marine infrastructure for 2024-2028 has been adopted, the press service of the Ministry of Transport of Kazakhstan reports.
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Oil prices have been declining for four consecutive sessions this week, the data from the London commodity exchange ICE Futures. July futures for Brent on ICE fell by 0.4% to $81.19 per barrel follow...







