Ilham Aliyev: By end of 2027, we’ll receive 2 gigawatts of renewable energy resources

By the end of 2027, we will receive 2 gigawatts of renewable energy resources. This is a very real figure, and this is just the beginning.

SOCAR and BOTAS sign an agreement

The State Oil Company of Azerbaijan (SOCAR) and Turkish state oil & gas company BOTAŞ have signed agreements in the field of energy.

Foundation of three power plants to be laid

As part of the opening of the Baku Energy Week, the foundation of three power plants to be built by Masdar in Azerbaijan will be laid.

Oil keeps on falling in price after a drop the day before, and Brent is at $77.60 a barrel

Prices for oil of benchmark grades are declining in Tuesday’s after decline following the previous session.

BP vice president arrives in Baku - main purpose of visit announced

BP's Executive Vice President for Production & Operations, Gordon Birrell, is on a planned three-day working trip to Baku to participate in the 29th Baku Energy Week & Forum.

Oil keeps on falling in price, and Brent is at $80.84 a barrel

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

Oil continues to fall in price, Brent - $81.75 per barrel

Prices for oil of benchmark grades keep on declining in Friday’s trading after a drop the day before.

300 companies to participate in Baku Energy Week

About 300 companies from 37 countries have confirmed their participation in Baku Energy Week, which will be held on June 4-6.

Oil price goes down, and Brent is at $83.26 a barrel

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

EBRD may approve first loan to Azerbaijan for green transition by year-end

The Board of Directors of the European Bank for Reconstruction and Development (EBRD) may approve a loan of up to $30 million for Azerenergy OJSC by the last quarter of this year.

Solar panels to be installed in Lachin

The IDPs Social Development Fund has announced an open tender procedure.

Azerbaijan signs a memo on a JV with 3 countries

Azerbaijan, Romania, Georgia, Hungary have signed the Memorandum of Understanding on the creation of joint venture.

Oil price goes up, and Brent is at $84.44 a barrel

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

MP’s forecast: Budget price of oil to be brought up to $ 75

Azerbaijan’s crude oil Azeri Light was traded on the world market for an average of $87.3 per barrel.

Work is underway on 3 corridors for export of ‘green’ energy

One of the main issues our country faces is creation of necessary infrastructure for export of "green" energy to European countries.

Deputy minister: With Masdar, we’re implementing a new project with capacity of 1 MW

We have big goals for the energy transition.

Cost of oil goes up, and Brent is at $82.13 a barrel

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

Equinor to develop Troll gas field — Investment amount

Oil price is stable, and Brent is at $81.34 a barrel

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

President Aliyev: Those countries that don’t have oil shouldn’t point finger at those who have it

The most important legacy of COP 29 will be our opportunity to take an additional, tangible and sustainable step towards a green world.

Oil prices keep on falling, and Brent is at $81.34 a barrel

Prices for oil of benchmark grades continue to decline in Thursday's trading.