The global oil market is poised to enter a prolonged downturn in crude prices, potentially lasting several years. The world's largest oil companies, including BP, Chevron, ExxonMobil, Shell, and TotalEnergies, are taking …
U.S. President Donald Trump said Washington is aware who is responsible for blowing up the Nord Stream pipelines under the Baltic Sea, so it does not …
According to Dmitry Peskov, this issue should not be politicized
Oil prices extended losses on Monday, falling more than 2% as escalating trade tensions between the United States and China stoked fears of a recession that would reduce demand for crude while OPEC+ readies a supply increase. The price …
It was decided not to change plans for a gradual increase in production by 150,000 bpd per month
Brent crude oil fell below $69 for the first time since early March. The price decline continues for the second day amid Trump and OPEC+ decisions.
Senior Advisor of the U.S. Department of State's Bureau of Energy Resources (ENR) Erik Jacobs is on a visit to Baku, the U.S. Embassy reported. During the visit, Jacobs will meet with government officials, energy sector leaders, and …
Türkiye has been importing at least 2 million tons of LNG for the third month in a row. Deliveries in February reached a record high.
The cause of the accident is damage to the gas pipeline
Oil prices fell on Wednesday after Russian President Vladimir Putin and U.S. President Donald Trump held talks. Brent crude futures fell 23 cents, or 0.3%, to $70.33 a barrel by 0730 GMT. U.S. West Texas Intermediate crude …
Ilham Aliyev called today an important day in the history of Turkish-Azerbaijani relations
Türkiye is set to start exports of natural gas to Azerbaijan's Nakhchivan this week, Turkish Energy and Natural Resources Minister Alparslan Bayraktar …
Kazakh power engineers have reported on the first stage of negotiations with Russia on providing gas to the north and east of Kazakhstan
Lavrov asked Fidan to put pressure on Kyiv
Crude oil prices slumped to their lowest level this year amid concerns of weakening demands after China announced a retaliatory tariff on US crude oil …
The Danish Energy Agency issued a permit to Nord Stream 2 AG, the Nord Stream 2 gas pipeline, for mothballing of the damaged pipeline, the authority said. "On January 28, 2025, the Danish Energy Agency issued a permit …
Trump expects that energy resources will make the USA a rich country again. His plans include doubling oil and gas production in the country.
Russia and Iran have agreed on a gas pipeline route to the Islamic republic through Azerbaijan, negotiations are in the final stage of agreeing on the price of supplies, Russian Energy Minister Sergey Tsivilyov said. …
The United States is planning to sabotage the Turkish Stream just like the Nord Stream pipelines, Russian Foreign Minister Sergey Lavrov said. The diplomat alleged Washington is facilitating terrorist attacks on energy …
Azerbaijan is expected to resume gas supplies to Bulgaria on January 15, the Bulgarian News Agency said, citing the Bulgarian state-owned gas distributor Bulgargaz. "Deliveries of natural gas from Azerbaijan are …
