TMC Subsidiary NORI Commences Monitoring of the Environmental Impacts of Pilot Nodule Collection System Trials in the Clarion-Clipperton Zone

Impact monitoring vessel Following 16 offshore campaigns by NORI to define the nodule resource and establish an environmental baseline in exploration area NORI-D in the Clarion Clipperton Zone (CCZ), NORI’s environmental program enters a new phase— monitoring the environmental impacts of an integrated collector system test consisting of a pilot collector on the seafloor, the […]


Azerbaijani oil prices increase

BAKU, Azerbaijan, The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, increased by $3.38 on October 4 compared to the previous price, amounting to $96.72 per barrel, Trend reports referring to the source from the country’s oil and gas market. The price of Azeri LT FOB Ceyhan on October 4 […]


Europe launching world’s largest green hydrogen integrated project

BAKU, Azerbaijan, Europe is launching the world’s largest green hydrogen integrated project, Trend reports. The project will be implemented by Fortescue Future Industries (FFI) and Tree Energy Solutions (TES) to help Europe mitigate its current energy and climate crisis and to bring green molecules to the continent. At the first phase the companies will jointly […]


EU supports business in Azerbaijan – Ambassador Peter Michalko

BAKU, Azerbaijan, The EU supports business in Azerbaijan, Ambassador of the European Union to Azerbaijan Peter Michalko said during a press conference, dedicated to European Youth Days, Trend reports. “The EU implemented 43 projects in the amount of 65 million euros in 2020 alone. In addition, the EU supported 17,000 Azerbaijani business entities in 2020,” […]