Masdar anticipates liberalization of Azerbaijan's electricity market

Masdar, a leading renewable energy company, expects the liberalization of Azerbaijan's electricity market within the next four years.

Türkiye halves imports of Russian oil

Türkiye's purchase of Russian oil has halved.

Free gas promised to Moldovans in case of failure of referendum on European integration

Azerbaijani oil has fallen slightly in price

Azerbaijani oil has dropped in price at the world market.

Oil price goes up, Brent - $74.66 per barrel

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

First FPSO arrives in Türkiye to work at Sakarya field

Chaikend-2 small hydroelectric power plant to be built for 17 million manats

Azerenergy OJSC has signed an agreement with BCC Group CJSC for 17 million manats.

Azerbaijan’s regions consuming most of all gas – The list

In 2023, the population of Azerbaijan consumed 3.98 bcm of natural gas.

Oil price goes up, Brent - $75.03 per barrel

Prices for oil of benchmark grades are rising in Monday trading after growth following the past week.

Azerbaijan sold electricity abroad at these prices in 8 months of 2024

The volume of Azerbaijan's electricity exports abroad for 8 months of 2024 has become known.

Reuters: Kiev agrees to transit Azerbaijani gas to EU from 2025

Kiev is ready to transfer gas from Azerbaijan to the EU as a transitional measure after expiration of the contract for gas transit from the Russian Federation.

BP Azerbaijan sells its stake in Azerbaijan’s gas pipeline

BP Azerbaijan sells its 20% stake in the gas pipeline from Azerbaijan to Europe.

Oil price goes down, Brent - $74.66 per barrel

Prices for oil of benchmark grades are declining in Friday’s trading, but they are ending this week with an increase.

Croatia bought crude oil for $627 million from Azerbaijan in 8 months

EU wants to impose a carbon tax on LNG by 2027

LNG may fall under the mechanism of import duties on carbon-intensive goods in the EU within three years, according to Wood Mackenzie.

Azerbaijani oil has fallen slightly in price

Oil price goes up, Brent - $73.75 per barrel

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

SOCAR-UNIPER will launch a turbo generator set at the Azerkimya plant

SOCAR-UNIPER (a joint venture of the State Oil Company of Azerbaijan and Germany’s Uniper), in November 2024, within the framework of COP29, will launch a turbine generator set at the Ethylene-Polyethylene plant of Azerkimya production association.

Azerbaijan has prepared National Electric Mobility Plan

The National Electric Mobility Plan has been prepared in Azerbaijan, within which the network of charging stations for electric vehicles will be expanded.

Power transmission line between Nakhchivan and Iran to be connected to Julfa substation

It is planned to connect the 132 kV Julfa-Julfa overhead power transmission line between the Nakhchivan Autonomous Republic and Iran to the Julfa substation

By 2030, Azerbaijan to generate 7 GW of green energy

It is planned to put 7 GW of green energy capacity into operation in Azerbaijan by 2030.