Energy - 2025
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Gas reserves in Europe’s underground gas storage (UGS) facilities have fallen below 66%, and the withdrawal rate since the beginning of the heating season is 28% higher than the average for the past f...
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British oil and gas company BP Plc expects a decline in upstream production (exploration and extraction of oil and gas) volumes in the fourth quarter compared to the third, with negative trends antici...
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SOCAR Turkiye, the largest foreign investor in Türkiye and an integrated industrial group, has finalized the sale of its gas distribution networks, Bursagaz and Kayserigaz, to AKSA Enerji, announced ...
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At the opening ceremony of Abu Dhabi Sustainability Week (ADSW), Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technologies, introduced an innovative breakthrough in renewable energy. T...
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By June 30, 2024, the level of gasification in Azerbaijan reached 96.5%, according to a report by SOCAR for the first half of 2024. Following the completion of the first gasification program (2014-201...
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The State Oil Company of Azerbaijan (SOCAR) reported a net profit of 1.545 billion manats for the first half of 2024. According to SOCAR’s interim financial report, this represents a 9.3% increase com...
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The halt in Azerbaijani natural gas supplies to Europe has been extended until January 19, according to the Azerbaijan Gas Supply Company (the company created for the sale of gas from the “Shah Deniz”...






