Energy - 2024
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"We need an agreement on a new ambitious climate finance goal here in Baku. Through various components, this goal should mobilize the funding necessary for developing countries," United Nations Secret...
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A balanced energy transition is key to global sustainability, said Haitham al-Ghais, Secretary-General of the Organization of the Petroleum Exporting Countries (OPEC), in his speech at a high-level me...
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Natural gas currently satisfies 23% of global primary energy needs, said Mohammad Hamel, Secretary-General of the Gas Exporting Countries Forum (GECF), at the COP29 summit. He emphasized the indispens...
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The European Union (EU) has warned participants at the 29th UN Climate Change Conference (COP 29) in Baku that any backsliding on the commitments made last year at COP 28 in Dubai regarding the transi...
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According to customs declarations, from January to October of this year, Azerbaijan exported 21.34 bcm of natural gas, the monthly report by the State Customs Committee of Azerbaijan.
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Yesterday, during the COP29 conference, Azerbaijan's Ministry of Energy announced the winner of its first renewable energy auction, which will be supported by the European Bank for Reconstruction and...
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A Memorandum of Understanding (MoU) has been signed between Azerbaijan's Renewable Energy Agency (AREA) under the Ministry of Energy, local company “Clean Energy Invest” LLC, and Turkish company “Balt...
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U.S. President Donald Trump intends to resume the construction of the “Keystone XL” pipeline at the Canadian border, Politico reported, citing sources. According to the report, "Trump hopes to start t...
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According to the China Association of Automobile Manufacturers, the country has produced over 10 million new energy vehicles (NEVs) for the first time this year. China has become the first country in...
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European countries continue to actively deplete their underground gas storage (UGS) facilities, with reserves now falling below 90%.
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Exchange prices for gas in Europe accelerated the growth rate to almost 4% yesterday and exceeded $ 530 per thousand cubic meters - for the first time in almost a year, according to data from the Lond...










