Southern Petrochemical Complex worth $5.1 bn launched in Vietnam

Vietnam has launched a Southern Petrochemical Complex worth $5.1 bn.

Oil price goes up, Brent - $72 per barrel

Prices for oil of benchmark grades are rising slightly in Tuesday's trading.

Prices for autogas in Ukraine jumped in a month after increase in excise taxes, gasoline and diesel are stable

Today, UK to become first G7 country to abandon coal generation

On Monday, power generation at the Ratcliffe-on-Soar coal plant (Uniper) is to be stopped.

A new substation under construction in Khankendi

Construction of 110 kV high-voltage transmission lines Khankendi-1 and Khankendi-2 has begun. Construction of a closed-type substation with capacity of 110,35,10 KV has been launched in the city of Khankendi.

Oil price goes up, Brent - $72 per barrel

Prices for oil of benchmark grades are rising in Monday’s trading after a drop following the past week.

Equatorial Guinea and LUKOIL discuss joint gas projects

Representatives of Equatorial Guinea held a meeting with LUKOIL to discuss projects in the field of gas exploration, production and transportation.

Close to 40 bcm of gas carried through TAP to Europe

The Trans-Adriatic Pipeline (TAP), which transports Azerbaijani gas to Europe, has so far delivered nearly 40 bcm of gas.

Oil price continues going down, Brent - $71.49 per barrel

Prices for oil of benchmark grades keep on falling in Friday’s trading after declining following the previous two sessions.

President revealed what Azerbaijan demands from foreign oil companies regarding drawbacks in oil production

Russia aims to produce 540 million tons of oil by 2050

Russia aims to produce 540 million tons of oil by 2050, but will coordinate production levels with OPEC+.

Crude oil Azeri Light has fallen in price

Oil keeps on going down, Brent - $72.82 per barrel

Prices for oil of benchmark grades continued to decline in Thursday’s trading after a drop the day before.

Iran expressed readiness to develop cooperation in energy sector with Russia and BRICS

Iran intends to develop cooperation with Russia and other BRICS countries in the energy sector.

Gas transit from Russia through Kazakhstan has increased significantly

China's Trina Solar has released a solar module made from 100% waste

Mikail Jabbarov: Hydropower potential actively develops in Karabakh and Eastern Zangezur

Steps have been taken to introduce the concepts of “smart city”, “smart village” and “green energy zone” on the occupation-liberated territories, and to create enterprises with foreign investments in the field of landscaping and decarbonization in these territories.

Global oil demand to exceed 120 million b/d by 2050

Global oil demand will reach 120.1 million b/d by 2050 (17.5%, or 17.9 million b/d more than at the end of 2023), ABC.AZ reports with refere to the annual OPEC review.

Oil price goes up, Brent - $74.98 per barrel

Prices for oil of benchmark grades are declining in Wednesday’s trading after a rise following the previous session.

Shell suspends hydrogen production project after Equinor – Reason

Shell has abandoned plans to build a low-carbon hydrogen plant on the west coast of Norway due to lack of demand.

Masdar anticipates liberalization of Azerbaijan's electricity market

Masdar, a leading renewable energy company, expects the liberalization of Azerbaijan's electricity market within the next four years.