Energy - 2024
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BP hopes that its participation in the development of the "Karabakh" oil field and the "Ashrafi-Dan Ulduzu and Aypara" (ADUA) structures in the Azerbaijani sector of the Caspian Sea will be an opportu...
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Established in 1999, the State Oil Fund of the Republic of Azerbaijan (SOFAZ) currently holds assets exceeding $60 billion, which is roughly 80% of the country’s economy, SOFAZ’s Executive Director Is...
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Azerbaijan is expected to supply Bulgaria with 2 bcm of gas in 2024, Azerbaijan’s Ambassador to Bulgaria, Huseyn Huseynov, stated in an interview with Euronews Bulgaria. The diplomat emphasized that e...
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Kazakhstan plans to increase the volume of oil transit through the Baku-Tbilisi-Ceyhan (BTC) pipeline, Azerbaijan’s Ambassador to Kazakhstan, Agalar Atamoglanov stated. According to him, Azerbaijan an...
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In January-November of this year, Azerbaijan produced 1,210.8 thousand tons of automobile gasoline, the monthly report of the State Statistical Committee of Azerbaijan.
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Yesterday, Azerbaijani President Ilham Aliyev signed a decree for the construction of a new thermal power plant in the Nakhchivan Autonomous Republic (NAR).
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Kazakhstan and Russia have resolved nearly all issues related to the potential import of Russian gas to Kazakhstan as part of negotiations on the gasification of Kazakhstan’s regions, Kazakhstan’s Min...
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BP plc has reached an agreement with the Iraqi government on the technical terms for developing oil and gas fields in Kirkuk Province, the press-service of the British company.
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Russia increased its gas supplies to the European Union by a quarter in January-November 2024, reaching 49.6 bcm, according to data from the analytical company Bruegel. The main increase was provided...
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Gas prices in Europe increased by 4% at the close of trading on December 23, reaching $492 per thousand cubic meters, according to data from the London ICE exchange.









