Energy - 2024
-
Azerbaijan shows an example of how even small issuers can make a significant contribution to the fight against climate change, Azerbaijani President Ilham Aliyev told the participants of pre-COP29. A...
-
The Baku Global Climate Conference COP29 will be a decisive test for both the Paris Agreement and multilateralism, the President of COP29 Mukhtar Babayev said at the opening of the Preliminary Confere...
-
Financing is one of the most important topics in terms of the climate agenda. Simon Steele, Executive Secretary of the United Nations Framework Convention on Climate Change, said this on October 10 in...
-
The goal of Azerbaijan, as the presiding party, is to become a bridge between the parties to the dialogue, the UN high-level leader on Climate at COP29, Nigar Arpadarai, said at a panel session within...
-
Negotiations on swap gas supplies to Europe from Azerbaijan and Türkiye to continue the operation of the Ukrainian gas transportation system after the termination of the Russia-Ukraine transit agreeme...
-
January-September of this year, the State Oil Fund of the Republic of Azerbaijan (SOFAZ) received 364 million 465 thousand dollars income from the development of the “Shah Deniz” field located in the...
-
The State Oil Company of Azerbaijan (SOCAR) discussed with the Japanese company the possibilities of cooperation in the fields of energy transition and decarbonization.
-
From January to September this year, more than 1,150 students completed internships at the enterprises of the State Oil Company of Azerbaijan (SOCAR) , SOCAR’s President Rovshan Najaf said at the pane...
-
According to the forecast of “The Economist”, the daily production of oil and gas condensate in Azerbaijan this year will amount to 662 thousand barrels. The publication predicts a decrease in product...
-
By 2030, about half of the world's electricity generation will be provided by renewable energy sources (RES), the International Energy Agency predicts. The IEA believes that the current trajectory of...
-
Total carbon dioxide (CO2) emissions in the global energy sector are likely to peak in 2024 due to falling prices for solar energy and batteries, which contributes to the reduction of traditional coal...
-
A Memorandum of Understanding has been signed regarding the possibility of increasing Russian gas supplies to Hungary, “Gazprom” said.
-
The US Department of Energy lowered the forecast for the cost of Brent crude oil in 2024 by 2.4% to $80.89 from $82.8 per barrel, a report from the Energy Information Administration (EIA) of the mini...












