Energy - 2025
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In January-November 2024, Azerbaijan imported 513.5 mcm of natural gas worth nearly $82 million. In the same period of 2023, Azerbaijan imported 2 billion 217.7 mcm of natural gas, the monthly bullet...
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In January-November 2024, Azerbaijan imported 1.724 million tons of crude oil worth $948.86 million, the monthly bulletin "Foreign Trade Relations of Azerbaijan," prepared by the State Statistics Comm...
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In January-November 2024, Azerbaijan spent $306.1 million on fuel imports (gasoline, diesel fuel, and aviation kerosene), by 74% more than in the same period of 2023, the monthly bulletin "Foreign Tr...
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The Central Bank of Azerbaijan (CBA) forecasts the average oil price for 2025 at $77.3 per barrel, the chairman of the CBA, Taleh Kazimov, stated at a press conference.
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Azerbaijan's Minister of Economy Mikayil Jabbarov and SOCAR President Rovshan Najaf held discussions with BP's Executive Vice President for Upstream and Operations, Gordon Birrell, on effective cooper...
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The volume of Kazakh oil transit via the Baku-Tbilisi-Ceyhan (BTC) pipeline in 2025 is expected to be 1.5 million tons, the Ministry of Energy of Kazakhstan reported to Interfax-Kazakhstan. "In 2024...
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Pipeline gas, LNG, and fertilizers from Russia should be included in the EU sanctions, and all previously imposed sanctions should remain in place for a long time, regardless of the establishment of p...
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In 2025, Europe will have to increase its purchases of liquefied natural gas (LNG) by nearly 16% due to the lack of Russian gas transit through Ukraine, the report of the International Energy Agency (...
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The net profit of the American oilfield services company Halliburton Inc. in 2024 amounted to $2.501 billion, which is a 5.2% decrease compared to the previous year.
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Gas reserves in Europe’s underground storage facilities (UGS) have dropped below 59%, and daily withdrawals have exceeded 1 bcm for the first time since 2021, according to data from Gas Infrastructure...
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The International Energy Agency (IEA) reported in its gas market report that global gas demand in 2024 will increase by 2.8%, reaching a record 4.212 trillion cubic meters.










