Astana: no restrictions on oil exports via Caspian Pipeline Consortium
Oil transportation through the Caspian Pipeline Consortium continues as normal, Kazakhstan's Vice Minister of Energy Yerlan Akbarov said during a briefing in the Senate.
Energy
Ankara extends gas agreements with Moscow for one year
Turkey finalised a one-year extension of its two expiring gas import contracts with Russia that total 22 bcm, Turkish Energy Minister Alparslan Bayraktar said.
EU to invest 500 mln euros in Armenia
The European Union will invest 500 million euros in the diversification and reinforcement of Armenia's energy security, European Commissioner for Enlargement Marta Kos said.
Black Sea Energy receives 'Project of Mutual Interest' status by EU
The European Commission has officially granted the Black Sea Energy project PMI (Project of Mutual Interest) status.
Russia warns of risk of oil shortage
Russia sees global oil demand increasing, and in 2025 it is expected to reach 104.6 mln barrels per day, but in 2024, it amounted to roughly 1.3 mln barrels per day, Russian Deputy Prime Minister Alexander Novak said at the 7th Russia-China Energy Business Forum in Beijing.
Budapest to file appeal against Brussels over plans to ban Russian gas - Orban
Hungarian Prime Minister Viktor Orban intends to appeal to the European Court of Justice over the European Union's plans to phase out gas imports from Russia by the end of 2027.
13th Caspian Energy Forum kicks off in Baku
The 13th Caspian Energy Forum has kicked off today in the Azerbaijani capital of Baku.
Kazakhstan does not face Russian gas shortage
The Kazakh Ministry of Energy has denied reports by several Kazakh media outlets of interruptions in the country's gas supply due to the suspension of operations at the Orenburg Gas Processing Plant.
Baku to launch wind energy exports
Measurement and observation works are currently underway to assess the wind energy potential in Azerbaijan’s sector of the Caspian Sea, with efforts continuing to designate relevant maritime areas as renewable energy zones, Azerbaijani Energy Minister Parviz Shahbazov said.
U.S. companies waiting for signal to work with Russia - Dmitriev
Many U.S. companies are reaching out to Russian energy firms, waiting for a political signal, CEO of Russian Direct Investment Fund (RDIF), special representative of the Russian president Kirill Dmitriev said.
Iran inaugurates solar power plants across 12 provinces
Iranian President Masoud Pezeshkian has inaugurated new solar power plants across twelve provinces, with a combined capacity of 250 megawatts.
Russia creating new nuclear industry in Egypt
Russia is creating a new industry in Egypt by working on the construction of the El Dabaa nuclear power plant and the creation of a Russian industrial zone, Russia's Deputy Prime Minister Alexei Overchuk said.
Türkiye announces development of indigenous nuclear reactor
Türkiye launched a national call to develop indigenous nuclear reactors, in what Turkish Industry and Technology Minister Mehmet Fatih Kacır called a new step in the country's energy strategy.
Akkuyu NPP to contribute $50 bln to Turkey's GDP - Erdogan
Turkish President Recep Tayyip Erdogan said that Turkey’s GDP will increase by $50 bln with with the commissioning of the Akkuyu nuclear power plant.
Europe aims to permanently abandon Russian energy
The European Commission has announced plans to impose permanent sanctions against Russia, irrespective of developments in Ukraine.
Azerbaijan and Türkiye to hold 4th Energy Forum in Izmir
The 4th Azerbaijan-Türkiye Energy Forum will be held in Türkiye's İzmir on September 4, the Azerbaijan’s Energy Ministry reported.
Iran announces day off due to energy crisis
Iranian authorities have ordered a nationwide day off for banks and government institutions on August 13, as an emergency electricity conservation measure.
1,000 solar power plants to be built in Iran
Iran's renewable energy sector will see significant expansion with plans to built 1,000 solar power plants across the country, according to the Ministry of Energy.
Akkuyu NPP begins commissioning of first unit
Commissioning has begun at the first power unit of the Akkuyu Nuclear Power Plant (NPP), Türkiye’s inaugural nuclear facility, marking one of the final stages before full operation, general director of Rusatom Energy International Anton Dedusenko said.
Construction of solar power plant begins in Bilasuvar
Azerbaijan has launched the implementation of the largest solar power plant project in the country.
