India and UAE plan to connect both states’ power grids with subsea cable

Cost of oil rises, and Brent is at $87.84 a barrel

Prices for oil of benchmark grades are growing in Friday’s trading.

Shah Deniz production in 2022 exceeded the target

The peak of production on Phase 2 of Shah Deniz gas condensate field, located in the Azerbaijani sector of the Caspian Sea, may be reached in 2023.

Oil price changes in different directions, and Brent is at $86.04 a barrel

Prices for oil of benchmark grades are changing in different ways in Thursday’s trading.

Cost of oil grows, and Brent is at $86.39 a barrel

Prices for oil of benchmark grades are increasing in Wednesday’s trading after falling the day before.

Oil price is stable, and Brent is at $88.16 a barrel

Prices for oil of benchmark grades are changing slightly in Tuesday’s trading.

Oil gets cheaper, and Brent is at $87.34 a barrel

Prices for oil of benchmark grades are declining in Monday’s trading after last week’s growth.

Azerbaijan fulfilled OPEC+ quota in December

The oil production in Azerbaijan reached 548,000 b/d in December 2022

Oil gets cheaper, and Brent is at $83.87 a barrel

Prices for oil of benchmark grades are declining in Thursday’s trading.

Azerbaijan to generate up to 22,000 MW of wind and solar energy

President Ilham Aliyev has met with Executive Chairman of “Fortescue Future Industries” Andrew Forrest in Davos.

Cost of oil grows, and Brent is at $86.60 a barrel

Prices for oil of benchmark grades are rising in Wednesday’s trading.

Azerbaijan to export both electricity and ‘green hydrogen’ to Europe

Azerbaijan has reliable hydrocarbon reserves, and the government has taken significant steps in the field of renewable energy.

Energy crisis in Lebanon - the country plunged into darkness

Masdar is reliable partner for Azerbaijan

Masdar (UAE) is reliable and important partner for Azerbaijan

Oil prices change in different directions, Brent is at $84.68 a barrel

Prices for oil of benchmark grades are changing in different directions in Tuesday’s trading.

President: Our cooperation with MASDAR to transform Azerbaijan into very important source of green energy exports

President: Our natural gas exports grow

Ilham Aliyev: Azerbaijan exports petrochemical products and electricity

SOCAR and Masdar sign a new agreement

SOCAR and Masdar have signed agreements on joint development of renewable energy sources

Oil gets cheaper, and Brent is at $84.65 a barrel

Prices for oil of benchmark grades are declining in Monday’s trading after rising more than by 8% at the end of last week.

Azerbaijan exported 26.3 million tons of oil last year

Azerbaijan directed 26.3 million tons of oil (together with condensate) for export in 2022.