Russia Resupplies Gas to Slovakia Through Turkish Stream

Moscow: Russia’s “Gazprom” has commenced gas supplies to Slovakia’s largest state energy supplier, SPP, via the Turkish Stream pipeline starting February 1. This development was confirmed by Vojtech Ferencz, the head of SPP, as reported by APA-Economi…

US Oil Reserves Climb to 424 Million Barrels

Washington: Commercial oil reserves in the US increased by 8,664 thousand barrels, reaching a total of 423,790 thousand barrels. This development was detailed in a report published by the Energy Information Administration (EIA) under the US Department of Energy. According to Azeri-Press News Agency, analysts had previously forecasted a smaller increase in US commercial oil … Read more

Natural Gas Prices Drop at NYMEX

New York: The price of natural gas futures quotes on the New York NYMEX Commodity Exchange has dropped, APA-Economics reports. According to Azeri-Press News Agency, the price of natural gas futures for March delivery decreased by 1.11% to 3.311 US dollars per 1 million BTU (British thermal unit).

Treatment of Injured from AZAL Plane Crash Near Aktau Continues in Hospital

Aktau: Treatment of four individuals injured in the crash of an Azerbaijan Airlines passenger plane on the Baku-Grozny flight near Aktau is ongoing in medical institutions under the jurisdiction of TABIB. The injured include three women and one man, as reported by TABIB to APA. According to Azeri-Press News Agency, one woman is receiving medical … Read more

19 Wells to be Drilled in ACG This Year

Baku: Last year, 19 wells were drilled in the Azeri-Chirag-Gunashli (ACG) field block located in the Azerbaijani sector of the Caspian Sea, BP’s Vice President for Wells in Azerbaijan, Georgia, and Trkiye, Russell Morris said at the “IADC Drilling Caspian 2025” drilling conference held in Baku, APA-Economics reports. According to Azeri-Press News Agency, 18 wells … Read more