Saudi Arabia’s energy sector diversifies profit sources in 2026
Despite the dominance of Saudi Aramco, the sector's results demonstrate an expansion of the value chain, encompassing transportation, processing, and related services.
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21 storiesDespite the dominance of Saudi Aramco, the sector's results demonstrate an expansion of the value chain, encompassing transportation, processing, and related services.
European countries risk entering the heating season with record-low gas reserves due to competition for LNG with Asia and high electricity demand during the summer.
The Iranian Foreign Minister alleges that actions by certain American and Israeli entities are aimed at personal gain and the continuation of hostilities.
President Donald Trump has announced an agreement with Caracas that provides for the development of 17 strategic oil fields and the attraction of private investment.
European countries have injected less than 40 billion cubic meters of gas since the start of the season, which is significantly below the average of previous
According to the Center for Analysis of Economic Reforms and Communications, Azerenerji's revenue from electricity exports reached $7.5 million in January-July 2026.
During a video conference, the parties focused on current joint initiatives in the oil and gas sector, with total investments estimated at $2 billion.
The parties reaffirmed their commitment to deepening the partnership and accelerating the implementation of strategic initiatives, including the development of hydrocarbon fields on the Ustyurt Plateau.
SOCAR head Rovshan Najaf and Vice President of the Export-Import Bank of China Wang Kang reviewed opportunities for expanding the partnership between the Azerbaijani company and
Japanese Prime Minister Sanae Takaichi announced that the subsidy program capping domestic gasoline prices will remain in place to protect households and economic activity.
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