SOCAR Turkiye has completed a deal for sale of a telecom company

Oil India to invest $2 bn in renewable energy by 2040

Indian state-owned energy company Oil India will invest 165 billion rupees (about $1.98 billion) in projects relating to renewable and eco-friendly energy sources by 2040.

Czech conglomerate CEZ acquired about 20% of Rolls-Royce SMR shares

Azerbaijan, Romania, and Hungary work over a mega European project

Azerbaijan, Romania, and Hungary are working together to implement a mega European project involving the installation of a high-voltage power transmission line along the bottom of the Black Sea.

Price of Azerbaijani oil has dropped

Oil price goes up, Brent - $71.60 per barrel

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

BP's underlying profit lowered by 31% year-on-year

The net profit of UK’s oil & gas company BP attributable to its shareholders in the 3rd quarter amounted to $206 million versus $4.86 billion a year earlier, thus decreasing almost 24-fold.

Lithuania to allocate 138 million euros for gas network projects

Lithuania will invest about 138 million euros in gas network development projects over the next five years.

Georgia intends to refuse from fuel imports

Azerbaijani oil has declined in price

Azerbaijani oil Azeri Light (CIF) has fallen in price at the world markets.

Oil price goes down, Brent - $71.39 per barrel

Prices for oil of benchmark grades are slightly falling in Tuesday’s trading after the maximum drop in more than 2 years the day before.

KazMunaiGas and CNPC intend to search for oil in the Caspian Sea

KazMunaiGas (KMG) and CNPC will search for oil in Kyzylorda region and the Caspian Sea.

Bloomberg: Arctic LNG 2 halves production

Production at NOVATEK's Arctic LNG 2 project halved in October as the project faces problems shipping finished products.

Gasoline to become more expensive in Russia from November 1

Oil price goes down, Brent - $72.26 per barrel

Prices for oil of benchmark grades are declining in Monday’s trading after growth last week.

India's gas demand could double by 2040

Demand for gas in India could double by 2040 due to the country's population growth, economic growth, as well as a move towards cleaner energy sources.

Lithuania to begin dismantling power transmission lines with Russia and Belarus in spring

Azerbaijan’s districts that consume most of all natural gas – List

In 2023, the population of Azerbaijan consumed 4 bcm of natural gas.

Romania abandons Russia and buys gas from Azerbaijan

Romanian Energy Minister Sebastian-Ioan Burduja said his country does not import "a single molecule" of Russian gas, noting that it receives gas from Azerbaijan through Türkiye.

Date of commissioning of Khizi-Absheron WPP announced

Oil price goes up, Brent - $75.84 per barrel