Energy - 2024
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On the evening of September 20, shareholders of the Azeri-Chirag-Guneshli (ACG) oil field development project signed a second amendment to the existing Production Sharing Agreement (PSA) dated Septemb...
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On September 20, bp and the State Oil Company of Azerbaijan (SOCAR) signed a Memorandum of Understanding regarding the development of the "Karabakh" oil field, located in the Azerbaijani sector of the...
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On September 20, bp and the State Oil Company of Azerbaijan (SOCAR) signed a Memorandum of Understanding for the exploration and development of the offshore structures "Ashrafi," "Dan Ulduzu," and "Ay...
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SOCAR and Hungarian MOL Hungarian Oil and Gas signed a Memorandum of Understanding for exploration, development, and production in the "Shamakhi-Gobustan" area. The signing took place on September 20...
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The European Bank for Reconstruction and Development (EBRD) plans to finance the construction of a 445 MW solar power plant in the Bilasuvar region of Azerbaijan. According to EBRD, approval for the l...
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The EBRD is considering financing a project to construct a 315 MW solar power plant in the Neftchala region of Azerbaijan. According to EBRD, approval for the loan is expected on October 22. The proje...
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In Norway, natural gas production increased by 11% in August compared to last year, reaching 10.81 bcm.
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In 2024, Hungary has already received 5.3 bcm of gas from Russia via the "Turkish Stream," and the pipeline's role in Hungary's energy supply is expected to grow, Hungary’s Minister of Foreign Affairs...







