Kazakhstan will elaborate creation of the hydropower consortium of Central Asia, according to the action plan of the concept of development of water resources management system until 2029. The Ministry of Ecology, Ministry of Foreign Affairs, National Security Committee will work on this. The information on the progress of the …

China is on a natural gas shopping spree, and officials are happy for importers to keep striking deals even after a global energy crisis has eased. The government continues to back efforts by state-owned buyers to sign long-term contracts and even invest in export facilities, in order to bolster energy …

U.S. Energy Information Administration (EIA) has reported a dramatic upswing in its weekly crude oil imports from Iraq, with the volumes doubling over the last week. According to EIA’s compiled data, the average daily import of crude oil from nine primary exporting nations surged to 5.709 million barrels. This represents …

The latest data released by the Energy Information Administration of the United States (EIA) shows that Iran has exported $19 billion of crude oil in the first five months of 2023. The EIA said in its latest report said that the total oil export of 13 OPEC members in the …

A 16-megawatt wind turbine – the world’s largest – is now in place off the southeastern coast of China. Developer China Three Gorges (CTG) Corporation and wind turbine maker Goldwind have announced that the world’s largest turbine has been installed off China’s Fujian Province. It will now undergo commissioning and …

Europe’s expenditure on Azerbaijani gas imports in April 2023 have reached nearly 490 million euros, Trend learned from Eurostat, the statistical office of the European Union. In April 2023, Azerbaijan supplied 1.047 billion cubic meters of natural gas to Europe, resulting in export revenues of 488,241,329 euros. Meanwhile, Azerbaijan’s energy …

Crude oil inventories in the United States decreased this week by 2.408 million barrels, the American Petroleum Institute (API) data showed on Tuesday, after falling by 1.246 million barrels in the week prior. Analysts were expecting a smaller 1.467-million-barrel draw in U.S. crude-oil inventories. The total number of barrels of …

Asia needs to achieve net zero before the world can do so, according to the CEO of Malaysia’s state-owned oil and gas company Petronas. “The bulk of the emissions [that] are expected to emit will be produced in Asia going forward,” Tengku Muhammad Taufik told CNBC’s JP Ong Tuesday on …

Russian President Vladimir Putin on Monday extended through Dec. 31 the ban on selling Russian oil and petroleum products to countries that introduced a price cap, a price above which fuel purchases are prohibited. According to a decree on the government’s official website, the supply of Russian oil and petroleum …

In a recent interview, Gideon Rachman, Chief Foreign Affairs Commentator at the Financial Times, explored the growing relationship between the U.S. and India. The article primarily targets a British audience, but still playfully mock the Brits’ obsession with the “special relationship” between the UK and US. Most people acknowledge that …