Energy - 2024
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The State Oil Fund of Azerbaijan (SOFAZ) reported revenues of $364.465 million from the “Shah Deniz” gas field in the Caspian Sea's Azerbaijani sector from January to September this year, this is by $...
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European Union (EU) countries increased their gas imports from Azerbaijan by 5.5% in the period from January to July 2024, totaling 297,765 terajoules (TJ) compared to the same period last year.
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From January to September this year, over 1150 students interned at the State Oil Company of Azerbaijan (SOCAR), SOCAR President Rovshan Najaf announced during a panel discussion titled "Synergy Turni...
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Currently, 11 vessels are being constructed at the Baku Shipyard under contracts with the Azerbaijan Caspian Shipping Company (ASCO). The total contract value for these orders is $260.2 million.
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The undersea electricity cable project across the Black Sea is set to be completed by 2030. Georgian Prime Minister Irakli Kobakhidze announced this during the presentation of the ruling party "Georgi...
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From January to August 2024, the volume of Russian oil transit to Uzbekistan through Kazakhstan increased by 30% compared to the total figures for 2023, Pavel Sorokin, First Deputy Minister of Energy...
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The Caspian Pipeline Consortium (CPC) expects to transport 65 million tons of oil in 2024, with the forecast lowered by 7% compared to initial projections. This includes a decrease of 7.9 million tons...
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Scheduled major repairs began on Monday at the Kashagan oil and gas field in Kazakhstan. The Ministry of Energy reported that the repairs, initially planned to start on October 3, were rescheduled to...
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BP has lifted restrictions on oil production until 2030 as part of its strategy to enhance efficiency and capital gains, while still maintaining its goal of achieving net-zero emissions by 2050, sourc...








