Socar, TotalEnergies and XRG, a unit of Abu Dhabi National Oil Company (ADNOC), have approved a project to raise Caspian gas output from the Absheron condensate field. Phase II is due to begin production in 2029, lifting the field to about 6 bln cubic meters of gas per year and 47,000 barrels per day of condensate; Phase I has supplied Azerbaijan’s domestic market and the expansion will enable gas exports to Turkey via existing infrastructure linking Azerbaijan to European markets.

2026-09-26

Socar, TotalEnergies and XRG, a unit of Abu Dhabi National Oil Company (ADNOC), have approved a project to raise Caspian gas output from the Absheron condensate field. Phase II is due to begin production in 2029, lifting the field to about 6 bln cubic meters of gas per year and 47,000 barrels per day of condensate; Phase I has supplied Azerbaijan’s domestic market and the expansion will enable gas exports to Turkey via existing infrastructure linking Azerbaijan to European markets.

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2026-09-26

Federal Reserve's Hammack said he is concerned demand-related pressures could push up inflation.

2026-09-26

美國官員告訴半島電視臺,他們不急於迴應伊朗關於重新開放霍爾木茲海峽的七天計劃。喬治城大學卡塔爾分校政府學副教授保羅·馬斯格雷夫表示,相信特朗普總統會希望石油和汽油價格下降,但他也想表明自己並不着急。特朗普不想以可能抵消這些好處的條件結束戰爭。以色列的選舉也在起作用。以色列執政聯盟前途未卜,實際上“有更多壓力讓這場戰爭繼續下去”,而不是推遲解決核問題,當然也不是從黎巴嫩撤出。如果人們認爲伊朗實際上是因爲經濟壓力而試圖達成協議,那必定是在告訴美國,是時候踩下加速器,進一步加大這些壓力了。