Azerbaijan has begun purchasing gas from Iran, according to state energy firm

28/12/2016 09:00 Natural Gas


Azerbaijan began purchasing natural gas from Iran earlier this year so as to cover its domestic requirements, state energy company SOCAR's vice president said on Tuesday.

Khoshbakht Usifzade stated that the daily quantity of supplies varies, depending on the weather, mentioning that Azerbaijan was acquiring approximately 2-4 million cubic metres of Iranian gas a day. He declared Iran had supplied 286.328 million cubic metres of gas by now this year. SOCAR President Rovnag Abdullayev quoted earlier this year that Azerbaijan intended to use Iranian gas to inject into gas storage facilities. Domestic gas consumption in Azerbaijan was 11 billion cubic metres (bcm) in 2015, while 8 bcm was exported to Georgia, Turkey and Iran.

20 Fossil Fuel Companies Generate One Third Of All Global Emissions

10/10/2019 16:26:00

New data compiled by the United States-based Climate Accountability Institute and revealed by the Guardian confirms what many already know: at the core of the climate crisis is the fossil fuel industry. The crucial finding from the analysis is that 20 oil, gas and coal companies can be directly linked to over one third of all energy industry greenhouse gases in modern history. Despite knowing the destruction and dangers their activities pose to our planet and people, fossil fuel companies have been driving climate change and hold the key to avoiding impending disaster. What this points to is the urgent need for divestment, in spite of skepticism amongst some leaders.


BP, Shell among bidders in $800 million Brazilian oil auction

10/10/2019 16:18:00

BP Plc, Chevron Corp and Royal Dutch Shell Plc are among the companies that will compete for exploration and production rights off the Brazilian coast on Thursday, in the first of three oil bidding rounds scheduled for coming weeks.


Poland plans to triple solar energy capacity this year

10/10/2019 13:03:00

Poland, which generates most of its electricity from coal, is planning to triple its solar energy capacity this year, Prime Minister Mateusz Morawiecki told Polish radio on Wednesday.