International Turkic Culture and Heritage Foundation has hosted a spectacular event in Hague in partnership with the Embassies of Azerbaijan, Kazakhstan and Türkiye in the Netherlands.
Day: October 30, 2023
In the third quarter of 2023, the Norwegian oil and gas company Equinor ASA reduced its net profit by 3.7 times against the background of lower natural gas prices, but the result exceeded market expectations.According to the company’s press release, net profit in July-September amounted to $2.5 billion compared to $9.37 billion for the same period last year. The company’s quarterly revenue decreased by 1.7 times, to $26 billion.Equinor’s …
American oil and gas giant Exhop Mobil Corp. recorded a decrease in net profit in the third quarter of 2023 by more than two times due to a decrease in production volume, as well as a drop in prices. According to the company’s press release, net profit in July-September amounted to $9.07 billion compared to $19.66 billion for the same period last year.ExxonMobil’s quarterly revenue decreased by 19% to $90.76 billion.Hydrocarbon production in the …
Kazakhstan is considering the possibility of supplying clean electricity from the Caspian region to Azerbaijan, the country’s Energy minister Almasadam Satkaliyev said. This project involves the construction of a high-voltage underwater cable along the bottom of the Caspian Sea. Satkaliyev added that preliminary discussions of the project with the Azerbaijani side have already begun, and such a step will also connect Kazakhstan with the energy system of the South …
British energy company BP Plc has signed an agreement to purchase stations for ultra-fast charging of electric vehicles from Tesla in the amount of $100 million.The deal will allow BP’s Pulse division, which is developing a network of charging stations for electric vehicles, to expand its presence in the United States, the company said in a statement. Earlier, this structure announced its intention to invest $1 billion in the American market by 2030. It is …
Azerbaijan and Turkmenistan continue to work out issues related to the implementation of the “Dostlug” oil and gas field development project on the Caspian shelf.”The process of approving documents is still underway,” SOCAR Vice President Elshad Nasirov told reporters last week during the International Conference “Oil and Gas of Turkmenistan”.He noted that the legal status of the project has been determined. “This will be a special …