Oil production in Azerbaijan to decrease

The continued decline in oil and commercial gas production in 2026-2028 (with exception of 2027) will lead to reduction in the oil & gas sector.

Production of this type of electricity in Azerbaijan to increase much

It is predicted that in 2028, 5,203.5 kWh of electricity will be generated at wind and solar power plants in Azerbaijan.

SOCAR has not paid the projected dividends for last 2 years

Data published on natural gas extracted in Azerbaijan in 10 months

Over past 10 months, 24.1 million tons of oil produced in Azerbaijan

Oil goes up in prices, Brent - $71.17 per barrel

Financial agreements signed on projects of solar energy for 760 MW

Within COP29, SOCAR Green LLC, Masdar (UAE), the EBRD, the ADB and the AIIB signed documents on financing two solar energy projects in Azerbaijan.

China's CHN Energy has connected the first batch of solar panels to the grid

Chinese company CHN Energy has successfully connected the first batch of solar panels to the grid as part of construction of a 1 GW offshore solar power plant in Kenli district of Shandong Province.

SOCAR begins eliminating methane leaks

Oil falls in price at end of week, Brent stops at $71.04 a barrel

Prices for oil of benchmark grades decreased following the last session and ended this week with a decline.

Egyptian minister: Southern countries can receive only 15% of their investments in green energy

Southern countries, which are home to 65% of the world's population, receive only 15% of investments allocated for green energy development.

Azerbaijan and Kyrgyzstan signed a roadmap for cooperation in energy sector

Azerbaijan has signed documents on energy cooperation with Kyrgyzstan, including a roadmap for cooperation for 2024-2025.

Azerbaijan plans to receive extra 21 gigawatts of energy from renewable energy sources from 2031 to 2037

Minister: A decision to be made on financing for two solar power plants

A final decision will be made tomorrow on the occasion of financing for two solar power plants with capacity of 760 MW

Azerbaijan to sign 3 new agreements with Chinese companies

Azerbaijan launches pilot projects on creation of green energy zones

Azerbaijan has defined Green Energy Zones as a key pilot project for national development.

Memorandum on production of wind energy in Caspian Sea signed

Kazakhstan signs agreements on projects with total value of $3.7 bn within COP 29

Mikayil Jabbarov met with President of OPEC International Development Fund

Azerbaijani oil has declined in price

Solar photovoltaic system to be installed at Baku Port

The Baku International Sea Trade Port CJSC and Malaysian company Citiqlobal plan to sign a contract for the installation of a 5.4 MW solar-powered photovoltaic system.