Energy - 2024
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The Kremlin has declined to predict the developments surrounding a possible deal between European companies and Azerbaijan for gas exports through Ukraine’s gas transportation system, noting Ukraine's...
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The Saudi company ACWA Power has allocated $238 million for the construction of the "Khızı-Abşeron" wind power plant (WPP) with a capacity of 240 MW near Baku. According to the Middle Eastern publicat...
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A gas trading center as part of the international gas hub project will be opened in Istanbul in 2025, said Türkiye's Minister of Energy and Natural Resources Alparslan Bayraktar in an interview with t...
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From January to October 2024, Russia boosted its pipeline gas exports to Europe by more than 15%, reaching 26.52 bcm, TASS reported based on daily data from Gazprom on transit through Ukraine and the...
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Gazprom began withdrawing gas from underground storage facilities in Russia on November 1. By the winter of 2024/2025, Gazprom has created a gas reserve in Russian storage facilities amounting to 73.0...
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Isatay Operating (a joint venture between Italy's “Eni” and “KazMunayGas”) has completed drilling the exploratory well “Abay-1” in the marine block "Abay" in the Kazakh sector of the Caspian Sea. The...
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The number of active oil and gas drilling rigs worldwide rose in October for the fifth consecutive month, reaching its highest level in seven months. According to a report by “Baker Hughes”, an averag...
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The U.S. oil and gas giant Exxon Mobil achieved a daily production of 4.6 million barrels of oil equivalent in the third quarter. "This quarter, we reached the highest level of liquid hydrocarbons pro...
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Chevron Corp., the second-largest oil and gas company in the U.S., recorded a 31% drop in net income in the third quarter of 2024, along with a 6% decrease in revenue. According to the company's press...
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Libya's daily oil production has reached a 12-year high, according to Prime Minister Abdelhamid Dbeibeh from Tripoli. The official stated that Libya is currently producing 1.3 million barrels of oil p...
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Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria, and Oman are extending their voluntary oil production cuts by 2.2 million barrels per day for one month, until the en...
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Flows of liquefied natural gas (LNG) from European terminals to the EU gas transportation system increased by 11% in October 2024 compared to September. According to data from Gas Infrastructure Europ...











