Energy - 2024
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Hungarian company MVM Group has completed the acquisition of a 5% share in the “Shah Deniz” gas field development project from CJSC "Cenub Qaz Dehlizi" (CQD) and a 4% share in South Caucasus Pipeline...
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A presentation of a small solar power plant (450 kW), which has been operational for a month, took place last Saturday in the village of Savalan, Gabala region. The plant was constructed by Azerbai...
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The Armenian Nuclear Power Plant was disconnected from the national energy system due to a system failure caused by a lightning strike, Armenia's Ministry of Territorial Administration and Infrastruct...
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Kazakhstan's Energy Minister Almasadam Satkaliyev met with leaders of Chinese companies CNPC (China National Petroleum Corporation) and State Power Investment Corporation in Beijing to discuss prospec...
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Exports of liquefied natural gas (LNG) from the US to the European Union (EU) rose by 1.9% in June compared to the previous month, reaching 2.9 million tons, according to the US Energy Information Adm...
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The EU purchases Russian gas amounting to double the aid given to Ukraine, according to Politico. The publication notes that 15% of imported natural gas in the EU still comes from Russia, which covers...
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French company “TotalEnergies” has announced the sale of two oil fields in Nigeria, Africa's top exporter of "black gold." According to Agence Ecofin, “TotalEnergies” sold its assets to local oil comp...
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Prices for Caspian crude oil surged sharply on the Mediterranean market last week as traders sought alternatives to Libyan oil, Reuters sources reported. Libyan exports are expected to drop to 1 milli...
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OPEC+ countries are leaning towards increasing oil production in October according to previously announced plans, Bloomberg reports, citing sources involved in the discussions. OPEC+ members have plan...








