Caspian Pipeline Consortium increases oil transportation

The volume of oil transportation through the Caspian Pipeline Consortium (CPC) system has increased compared with last year.

Nigerian army prevents theft of 198,000 tons of oil

Nigerian army units have disrupted a large illegal oil bunkering operation in the southern region of the country.

Oil price goes up, Brent - $72.44 per barrel

Prices for oil of benchmark grades keep on rising in Friday’s trading.

EBRD allocated $60 million to Türkiye for development of renewable energy

The European Bank for Reconstruction and Development (EBRD) has given a US$ 60 million loan to Turkish company Borusan EnBW Enerji for development and construction of 116 MW wind power facilities in Sivas and Tekirdag.

To maintain balance of payments, price of Azeri Light should be in range of $40-45 a barrel

To maintain Azerbaijan's balance of payments, the price of a barrel of Azeri Light oil on the world market should vary between $40-$45.

Average oil price in 2024 is comfortable for Azerbaijan

The average oil price in 2024 is comfortable for Azerbaijan.

Bayraktar: If Ukraine does not extend agreement, gas in voluem of 16 bcm will flow to Europe through Turkish stream

Oil price goes up, and Brent - $71.10 a barrel

Prices for oil of benchmark grades continue rising in Thursday’s trading after growth the day before.

This year, population has spent more than 2 bn manats on gasoline and diesel fuel

The amount of revenue from the sale of automobile fuel in the retail chain of Azerbaijan for Jan-Aug 2024 has become known.

EU declares readiness to decline fully from Russian gas

Azerbaijan bought gasoline AI-95 abroad for 14% more expensive in 1st half of 2024

In the 1st half of this year, Azerbaijan reduced imports of premium gasoline (AI-95) by 14%.

Bloomberg: Europe prepares for latest Russian gas supplies through Ukraine

Oil prices rise after the fall, Brent - $69.64 per barrel

Prices for oil of benchmark grades are increasing in Wednesday’s trading after the collapse the day before to the lowest since December 2021.

Renewable energy made up 55% of electricity generated in NAR in 8 months

Azerbaijan falls behind OPEC+ quota for August

Qatar Energy to build 6 giant gas carriers at China shipyard

Ukrainians to receive electricity only for 12 hours a day in winter

According to the Ukrainian Center for Combating Disinformation, even in the best case, Ukrainians will receive electricity for only 12 hours a day next winter.

Gas production has increased for past 8 months

Gas exports from Azerbaijan grew by 3.1% in 8 months

Azerbaijan exported 8.4 bcm of gas to Europe for Jan-Aug 2024.

Oil price goes up after a rise the day before, Brent - $71.75 per barrel

Prices for oil of benchmark grades are declining in Tuesday’s trading after rising the day before.

Romania cooperates with Azerbaijan, Georgia and Hungary to develop a green energy corridor

Romania is working closely with Azerbaijan, Georgia and Hungary to develop a green energy corridor