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  • Fuel and Energy
  • item

    Oil price is stable, and Brent is at $79.22 a barrel

    Prices for oil of benchmark grades are changing slightly in Wednesday’s trading after rising the day before.

    20 December - 09:30

  • item

    Azerbaijan increased electricity exports - Report

    Azerbaijan exported 3.9 bn kWh of electricity for $379.3 million for Jan-Nov 2023, ABC.AZ reports with reference to the State Customs Committee.

    19 December - 17:55

  • item

    This country increased oil purchases from Azerbaijan

    In 2023, the Czech Republic increased purchases of Azerbaijani crude oil.

    19 December - 12:46

  • item

    Oil price goes up, and Brent is at $78.13 a barrel

    Prices for oil of benchmark grades are increasing in Tuesday’s trading after growth following the the previous session.

    19 December - 09:30

  • item

    Oil price goes up, and Brent is at $76.82 a barrel

    Prices for oil of benchmark grades are increasing in Monday's trading.

    18 December - 09:35

  • item

    Production capacity increased on Umid-1 platform

    As part of the project "Accelerating production from Umid-1 platform located at Umid gas condensate field, restrictions in transport infrastructure were lifted, and daily production capacity of the platform was increased to 8.1 million cu m

    15 December - 13:14

  • item

    Production of first oil from CEA platform scheduled for next March

    15 December - 12:32

  • item

    Azerbaijan increased electricity production

    The electricity production increased by 223 million kWh, amounting to 26.487 bn kWh in for Jan-Nov 2023.

    15 December - 10:49

  • item

    Oil price goes up, and Brent is at $76.93 a barrel

    Prices for oil of benchmark grades keep on rising in Friday’s trading after growth by 3% following the previous trading.

    15 December - 09:35

  • item

    Oil price goes up, and Brent is at $74.59 a barrel

    Prices for oil of benchmark grades are increasing in Thursday's trading.

    14 December - 09:25

  • item

    Oil and condensate production in Azerbaijan reaches 27.6 million tons for Jan-Nov 2023

    The oil and condensate production in Azerbaijan totaled 27.6 million tons, and 23.1 million tons were directed for export for Jan-Nov 2023.

    13 December - 11:56

  • item

    Azerbaijan did not import oil from Central Asian countries in August and September

    In August, September and October 2023, Azerbaijan did not import a single barrel of oil from Central Asian countries.

    13 December - 11:51

  • item

    Oil continues to fall in price, and Brent is at $73.11 a barrel

    Pirces for oil of benchmark grades keep on falling in Wednesday’s trading after a sharp drop in the previous session.

    13 December - 09:30

  • item

    Azerbaijani population spent about AZN 3 bn on gasoline and diesel this year

    The amount of revenue from the sale of automobile fuel in the retail chain of Azerbaijan for Jan-Nov 2023 has become known.

    12 December - 16:25

  • item

    Largest thermal power plant in South Caucasus to be put into operation in 2025

    12 December - 16:00

  • item

    Niger plans to start exporting oil next January

    In January 2024, Niger expects to start oil supplies via Niger-Benin pipeline.

    12 December - 12:37

  • item

    Oil price goes up, and Brent is at $76.55 a barrel

    Prices for oil of benchmark grades are rising in Tuesday's trading.

    12 December - 09:10

  • item

    This year, Azerbaijan's gas export to Europe will reach approx. 12 bcm

    Our gas export to Europe was slightly more than 8 billion cubic meters in 2021. This year, it will reach about 12 bcm.

    11 December - 12:17

  • item

    Oil price goes up, and Brent is at $76.35 a barrel

    Prices for oil of benchmark grades are increasing in Monday's trading.

    11 December - 09:15

  • item

    Absheron field gas extraction to double in 2024

    Gas production at Absheron field in the Azerbaijani sector of the Caspian Sea is projected to reach 1.47 bcm in 2024.

    8 December - 17:12

  • item

    Shah Deniz gas extraction to reach 26.1 bcm in 2024

    Gas production at Shah Deniz field (the Azerbaijani sector of the Caspian Sea) is projected at 26.1 bcm in 2024.

    8 December - 16:23

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