Energy - 2024
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The issue of reducing carbon dioxide emissions occupies an important place on the energy agenda of Azerbaijan, Azerbaijani Energy Minister Parviz Shahbazov stated on July 8 at the opening ceremony of...
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Moody's rating agency has changed the forecast for the State Oil Company of the Republic of Azerbaijan (SOCAR) from stable to positive. "Today's rating action is consistent with the sovereign rating a...
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Moody's rating agency expects that the profitability of the Azerbaijani state oil company SOCAR will remain relatively stable in 2024-2025. "Although SOCAR's financial performance deteriorated in 2023...
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On July 9, at a meeting with Kuwaiti Ambassador Abdullah Mohamed Abdullah Almaudi, SOCAR President Rovshan Najaf discussed prospects for expanding relations with Kuwaiti companies, the SOCAR press ser...
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Pakistan has prepared proposals to expand economic cooperation with Azerbaijan, including equity participation in the Pakistan Refinery Limited, according to Pakistani media. "Prime Minister of Pakist...
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“Masdar” Company intends to participate in COP29 together with the UAE delegation and hopes to support Azerbaijan in its successful holding, Maryam Al Mazroui, head of the Development and Investment (...
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Technical and economic indicators of power plants located in the operational zone of the State Energy Service of the Nakhchivan Autonomous Republic for June 2024 have been published.
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Oil supplies from Russia to India by the end of 2023 amounted to 40% of India's total demand, Russian Deputy Prime Minister Alexander Novak said.
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Bulgarian state gas distributor “Bulgargaz” has filed a lawsuit against “Gazprom” for damages of 400 million euros in connection with the termination of gas supplies in 2022. According to the Bulgaria...
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The Energy Information Administration of the US Department of Energy (EIA) has raised the forecast of the average price of Brent North Sea oil for the current year to 86.37 dollars from 84.15 dollars...









