Energy - 2024
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During the working visit of Azerbaijan's President Ilham Aliyev to Italy, “Eni” and the State Oil Company of Azerbaijan (SOCAR) signed three Memorandums of Understanding yesterday in Rome.. According...
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Since its commissioning until September 1, 2024, the Trans-Adriatic Pipeline (TAP) has transported 38.65 bcm of Azerbaijani natural gas. TAP AG, the company responsible for the pipeline's operations,...
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Azerenerji OJSC will spend over 40.5 million manats on the renovation of three and the integration of six small hydropower plants (HPPs) in Karabakh and Eastern Zangezur, the Azerbaijani Republic’s s...
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The Ministry of Ecology and Natural Resources of the Nakhchivan Autonomous Republic (NAR) of Azerbaijan is selecting a company to develop project documentation for creating a solid waste recycling pla...
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Iran has long requested gas supplies from Russia, and this is a feasible project, said Russian President Vladimir Putin during a plenary session at the Eastern Economic Forum yesterday.
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Partners in the North Caspian Project, QazaqGaz, the Ministry of Energy, and PSA LLP have reached an agreement on the terms for the sale of Kashagan liquefied petroleum gas (LPG) for supply to the dom...
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The share of renewable energy sources (RES) in Germany’s electricity production reached a record 61.5% in the first half of 2024, up from 53.3% in the same period last year. According to preliminary d...
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Swedish car manufacturer Volvo Cars has announced that it will not meet its goal of fully transitioning to electric vehicles by 2030, citing slow development of charging infrastructure and the cancell...
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Eight OPEC+ countries, which have been voluntarily reducing oil production by 2.2 million barrels per day and were planning to gradually unwind these cuts starting in October, have postponed this deci...
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If the OPEC+ producers do not cut production further, the average price of oil could fall to $60 per barrel in 2025 due to decreased demand and increased supply from non-OPEC countries. According to a...









