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BYD and UzAuto to form NEV production JV in Uzbekistan

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Strong cooperations with other international enterprises on the development of vehicle electrification is part of the core business strategy. UzAuto continues expanding export opportunities to neighboring countries and has launched overseas production in Azerbaijan.

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SpaceX’s Elon Musk wins IAF World Space Award at 74th Int’l Astronautical Congress

Teslarati

Tesla and SpaceX CEO Elon Musk has been hailed as the recipient of the 2023 International Astronautical Federation (IAF) World Space Award for individuals. The award was given during the 74th International Astronautical Congress (IAC) in Baku, Azerbaijan. Don’t hesitate to contact us with news tips.

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GECF: more than a quarter of 2050 natural gas supply untapped

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The two-day Oil and Gas of Turkmenistan 2020 conference was organized by the Government of Turkmenistan and attracted the participation of regional and international energy companies, including CNPC, Dragon Oil, SOCAR, ENI, ARETI, Schlumberger, Hyundai, among others. It is headquartered in Doha, Qatar.

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ADB approves $240M to help Kazakhstan modernize transport, improve connectivity

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It will also establish fast transportation links connecting Astana and Aktobe with the major oil and mineral–rich city of Atyrau, and the country’s only international commercial seaport in Aktau.

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Global geothermal industry passes 12,000 MW operational

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The international geothermal power industry is poised to place between 500 and 1,000 MW on line per year for the rest of the decade, said GEA. New project announcements have increased the resource under development to about 30,000 MW. Successful Enhanced Geothermal Systems (EGS) projects in the US were led by Calpine Corp.,

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Devon Energy and BP Enter Into $7.0B Property Sales Agreement and Oil Sands Joint Venture

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Devon Energy Corporation has entered into agreements to sell all of its assets in the deepwater Gulf of Mexico, Brazil and Azerbaijan to BP for $7.0 In Azerbaijan, acquisition of Devon’s 5.63% stake in the ACG development will increase BP’s operating interest in the fields to 39.77%. billion in cash.

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BP closes out 2013 with deepwater finds in Gulf of Mexico and offshore Angola; new activity offshore Brazil

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Earlier in December, Cobalt International Energy announced a significant discovery at its Lontra well in the pre-salt play offshore Angola, in which BP holds a 30% interest. In mid-December 2013, BP announced its discovery in the Gila prospect, its latest in the Paleogene in the deepwater US Gulf of Mexico. Click to enlarge.

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