Energy - 2024
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The State Oil Company of the Republic of Azerbaijan (SOCAR) has published a report on its production activities for the second quarter of this year.
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Fitch Ratings has upgraded the long-term foreign currency rating of the priority unsecured Eurobond loan of Southern Gas Corridor CJSC (SGC, established in February 2014 to fulfill Azerbaijan's financ...
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In January-July 2024, electricity production in Azerbaijan decreased by 0.33% compared to the same period in 2023, amounting to 16.269 billion kWh.
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In January-July 2024, the production of electricity from renewable and alternative energy sources (RES), including hydroelectric power plants, exceeded 2 billion 252.3 million kWh.
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The feasibility study of the project for the construction of a high-voltage power transmission line from Azerbaijan to the EU through Georgia has confirmed the economic and technical prospects, the Mi...
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The Kazakh subsidiary of ENI has begun supplying oil to Germany via transit through Russia, the Ministry of Energy of Kazakhstan reported.
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The government of Kazakhstan will continue efforts to increase the share of Kazakh content in the oil and gas sector, Kazakhstan's Prime Minister Olzhas Bektenov said yesterday during a government me...
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Gas reserves in European underground storage facilities (UGS) have exceeded 87.5%, but they are lagging behind the record levels of 2023, when UGS were filled to 88.7%.
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In July, global oil supply increased by 230,000 barrels per day to 103.4 million bpd, as a significant increase in production by OPEC+ countries more than offset losses from non-member producers, the...
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Exchange gas prices in Europe, amid concerns over the transit of Russian gas through Ukraine, exceeded $480 per 1,000 cubic meters for the first time since early December, accelerating growth by nearl...









