Energy - 2024
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Germany ordered the closure of all three Iranian Consulates in the country on Thursday in response to the execution of Iranian German prisoner Jamshid Sharmahd, who lived in the United States and was...
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To achieve net zero emissions by 2050, Azerbaijan requires investments totaling $200 billion, Deputy Energy Minister and Executive Director of the 29th Conference of the Parties to the UN Framework Co...
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Gas production from the third phase of the “Shah Deniz” gas-condensate field in the Azerbaijani shelf is expected to begin in 2029, Hungarian MVM, a shareholder in the project, reported to Interfax.
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About 60 statements and decisions are expected to be adopted during the 29th session of the Conference of the Parties to the UN Framework Convention on Climate Change (COP29) in Baku, the Deputy Forei...
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Azerbaijan has pledged to reduce emissions by 40% by 2050, but it is anticipated that this target will be achieved by 2035, the Deputy Minister of Energy of the Republic of Azerbaijan and Chief Execut...
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In the near future, the total generation capacity of hydropower plants in the Nakhchivan Autonomous Republic (NAR) will be increased to 120 MW following the construction of the Ordubad HPP with a capa...
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SOCAR Türkiye Enerji, the Turkish subsidiary of the State Oil Company of Azerbaijan (SOCAR), has completed the sale of the internet provider Millenicom to a venture fund under the investment company A...
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Kazakhstan intends to eventually produce over 100 million tons of oil per year, stated President Kassym-Jomart Tokayev yesterday at a meeting of the Foreign Investors Council in Astana.
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The European Bank for Reconstruction and Development (EBRD) plans to invest €2 billion in Kazakhstan's green economy projects in the coming years, announced bank president Odile Renaud-Basso during a...
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Turkmenistan plans to significantly increase gas production at one of the country's largest fields, "Galkynysh," Stephen Travers, director of “GaffneyCline” stated at the international conference an...
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EU gas storage facilities were 95% full as of November 1, exceeding the established and legally binding target of 90%, the European Commission (EC) noted on Thursday.
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French oil and gas company “TotalEnergies” reported a 66% year-on-year decline in net profit for the third quarter of 2024.
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BYD Co., a leading Chinese manufacturer of new energy vehicles (NEV), reported record net profit and revenue in the third quarter. From July to September 2024, the company’s net profit rose by 11.5% t...
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The Oxford Institute for Energy Studies (OIES) has revised its forecast for global oil supply, predicting an increase of 410,000 barrels per day in 2024 and a more significant rise of 2.6 million barr...













