Energy - 2025
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US President D. Trump signed an order imposing 25% tariffs on goods imported into the US from Canada and Mexico, as well as a 10% tariff on Canadian energy resources, effective from February 4, 2025.
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Azerbaijan's State Oil Company (SOCAR) signed an agreement on January 31 with Union Energy to acquire a 10% stake in the Israeli offshore gas field "Tamar."
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Azerbaijan's State Oil Company (SOCAR) has initiated its first project on ground-based airborne gravity surveys in collaboration with the renowned British company Metatek. "The aim of this advanced st...
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The Bulgarian Energy and Water Regulatory Commission (EWRC) announced an increased role for Azerbaijani natural gas in the country’s energy balance, a message on the regulator's website.
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Fitch Ratings has confirmed the long-term foreign currency bond rating of 'BBB-' for the senior unsecured Eurobonds of Southern Gas Corridor CJSC (SGC). The rating reflects the full and timely repayme...
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As of October 1, 2024, the Ministry of Finance of Azerbaijan transferred assets totaling 467 million 675.1 thousand manats to the management of the State Oil Fund of Azerbaijan (SOFAZ), the conclusion...
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"Azərenerji" is constructing 6 new hydroelectric power stations with a total capacity of 37.5 megawatts in Karabakh and Eastern Zangezur. According to "Azərenerji," three of these stations are being b...
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Oil supplies from Russia to Türkiye returned to growth in 2024, reaching a new record, according to data from the analytics company Kpler. Russian oil exports to Türkiye increased by 36% last year, re...
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Uzbekistan's state oil and gas company, "Uzbekneftegaz," held discussions with Azerbaijani company CDF regarding the implementation of a system for the preparation, supply, and technical monitoring of...
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The Council of the Azerbaijan-Kyrgyzstan Development Fund (AKFR) approved financing for the construction of a 9 MW small hydropower plant in Kyrgyzstan. According to Kyrgyzstan's Ministry of Economy a...
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Russian gas supplies through the "Turkish Stream" to Europe increased by 26.7% in January compared to January last year, reaching 1.56 bcm, marking an all-time high, data from the European Network of...
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The average gas price in Europe increased by 6% in January 2024, reaching $517 per 1000 cubic meters, according to data from the London ICE exchange. The main factors driving this increase were high w...











