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

Rosatom and IAEA sign an agreement on expanding cooperation

The Rosatom Technical Academy and the International Atomic Energy Agency (IAEA) are expanding their cooperation.

Turkish gas hub may be useful for Serbia as a new source of gas supplies

The Turkish gas hub can be useful for the Serbian economy as a new source and route of gas supplies, which will attract investments to the country.

Azerbaijani oil has fallen in price

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

Oil price goes up, Brent - $75.84 per barrel

Prices for oil of benchmark grades are rising in Thursday’s trading after decline following yesterday's session.

Countries with the highest level of renewable energy sources – List

The list of countries with the highest energy intensity of renewable energy sources has been compiled.

Shakhbazov: Green energy corridors have the potential to transfer about 10 GW of energy between Asia and Europe

Green energy corridors Caspian-Black Sea-Europe, Azerbaijan-Turkey-Europe and Central Asia-Azerbaijan-Europe have the potential to transfer about 10 GW of energy between Asia and Europe.

Azerbaijani oil has fallen in price

Oil has declined in cost at the world exchanges.

Oil price goes down after rise the day before, Brent - $76.02 per barrel

Prices for oil of benchmark grades are slightly declining in Wednesday’s trading after growth the day before.

SOCAR Energy Georgia is one of the largest companies in Georgia

As a result of the joint activities of SOCAR Georgia Gas and the Government of Georgia, it is expected that by the end of 2024, the level of gasification in Georgia will reach 88%

SOCAR announces start date for construction of an electrolysis plant in Switzerland

SOCAR plans to deploy 100 high-speed battery devices in Switzerland by 2026, ABC.AZ informs, referring to SOCAR's Sustainable Development Report 2023.

18 accidents occurred in SOCAR structures, 2 people died

By the end of 2023, 18 accidents were registered in Azerbaijan in the fields of activity of the Azerbaijan State Oil Company (SOCAR).

SOCAR fired 1,195 people

In 2023, 1,195 employees were laid off at enterprises within the SOCAR structure.