Oil has fallen in price at end of week, and Brent stops at $77.04 a barrel

Prices for oil of benchmark grades decreased in Friday’s trading and at the end of the week.

Oil price goes up, and Brent is at $77.56 a barrel

Prices for oil of benchmark grades are increasing in Friday’s trading after a sharp decline in the previous session.

Is France’s Total leaving Azerbaijan

Foreign Minister Jeyhun Bayramov answered a question about cooperation in the economic sphere against the background of deteriorating relations with France.

Rules governing general conditions of gas supply changed — New decision

The Cabinet Ministers has amended the Rules defining the general conditions of gas supplies by gas distributors, approved by the Resolution from May 31, 1999.

Oil price goes down, and Brent is at $79.50 a barrel

Prices for oil of benchmark grades continued to decline in Thursday’s trading after a drop the day before.

Turkish companies to build hydroelectric power plants in Kelbajar and Lachin - Agreement signed

Azerbaijan aims to derive 30% of the generated electricity from renewable sources and reduce greenhouse gas emissions by 2030.

Oil price goes down, and Brent is at $80.75 a barrel

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

Electricity to be generated in this district of Baku – a site allotted

The Cabinet of Ministers has amended the Resolution on the use of renewable energy sources in electricity production, approved by the Resolution from May 31, 2021.

Director of SOCAR-owned company replaced

The head of the plant of the State Oil Company (SOCAR) has been replaced.

Oil price grows more, and Brent is at $78.98 a barrel

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

Azerbaijan may purchase LUKOIL refinery in Bulgaria

Georgia sharply cuts electricity imports from Azerbaijan, but increases exports

Georgia imported 3.29 million kWh of electricity from Azerbaijan for $153.46 for Jan-Nov 2023.

72% of Georgia's gas supply is ensured by Azerbaijan

Italy increases natural gas imports from Azerbaijan more than by 10%

Italy increased natural gas imports from Azerbaijan in October 2023 up to 881.2 million cu m, compared with 800.5 million cu m in September

Oil price goes up, and Brent is at $80.07 a barrel

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

Turkish businessmen to restore 5 small hydroelectric power plants in liberated lands

Azerbaijan, together with Türkiye, plans to restore five small hydroelectric power plants (HPPs) in the liberated territories.

Oil gets cheaper, and Brent is at $79.36 a barrel

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

Azerbaijan unveils extraction of natural gas

Azerbaijan produced 44.2 bcm of natural gas for the past 11 months.

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.

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.

This country increased oil purchases from Azerbaijan

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