Bloomberg

In January-November 2024, Azerbaijani banks concluded 3,365 deals in national currency for AZN 94.4 billion on 'Bloomberg' platform.

The European Union is unlikely to reduce its reliance on Russian gas, jeopardizing the bloc's plans to phase out fuel imports from Russia by 2027, according to a report by Bloomberg.

OPEC+ countries are leaning towards increasing oil production in October according to previously announced plans, Bloomberg reports, citing sources involved in the discussions. OPEC+ members have plan...

Saudi Arabia plans to reduce spending on its oil sector by $40 billion by 2028, focusing instead on developing renewable energy and mineral extraction, according to Bloomberg, citing data from Goldman...

The European authorities are negotiating with the Ukraine on the continuation of Russian gas supplies through Ukraine after the expiration of the agreement between Moscow and Kiev, Bloomberg reports,...

The cost of Russian gas for China in the coming years will fall by 28% compared to other European consumers. This discount will remain at least until 2027, writes Bloomberg with reference to the macro...

The European Union demands a reduction in purchases from importers of Russian liquefied natural gas in 2024, Bloomberg reported, referring to European Commissioner for Energy Kadri Simson. "In the EU,...

The German gas company VNG has signed a contract with the Algerian state-owned “Sonatrach” for Germany's first gas supplies via a pipeline from Algeria. This was reported by Bloomberg with referenc...