Energy - 2024
-
The COP29 conference revealed significant divisions between wealthy governments, with limited domestic budgets, and developing countries. The European Union, the United States, and other developed nat...
-
On November 23, President Ilham Aliyev signed a decree to improve governance in electricity and water supply management and address related issues. According to the decree, the Cabinet of Ministers of...
-
Azerbaijan currently exports oil to approximately 30 countries, and by December, the number of countries importing Azerbaijani gas is expected to reach 12, Azerbaijan's Energy Minister announced on No...
-
Azerbaijan's oil production is expected to reach 640,000 barrels per day in 2025, according to forecasts from the International Energy Agency (IEA). The IEA has kept its oil production forecast for Az...
-
As part of the Istanbul Energy Forum, meetings were held in both bilateral and trilateral formats, with the participation of Azerbaijan's Energy Minister Parviz Shahbazov and Türkiye's Energy and Natu...
-
On November 22, as part of the Istanbul Energy Forum, Azerbaijan's Energy Minister Parviz Shahbazov met with Hungary's Minister of Foreign Affairs and Trade, éter Szijjártó.
-
From January to October 2024, Azerbaijan exported 495,484.05 tons of petroleum products, amounting to $309.02 million, the monthly report of Azerbaijan's State Customs Committee. According to the rep...
-
Last week, KazMunayGas and “Tatneft” (Russia) began drilling the first exploratory well at a depth of 5,500 meters at the Karaton Podsolevoi site, according to a press release from KazMunayGas (KMG)....
-
Oil production in Iran has increased by more than 60,000 barrels per day since August 2024, according to Hamid Bovarad, CEO of the National Iranian Oil Company (NIOC). He added that by the end of the...








