Gas from Absheron field can be sent to markets of Türkiye and Europe

Price of oil that Azerbaijan sells to Germany has fallen from $715 to $638 per ton

Azerbaijan has increased crude oil exports to Germany by 76% in the first 10 months of 2023.

Meeting on electricity export from Central Asian countries held

A trilateral meeting of the Central Asian countries has been held to consider export of electricity and renewable energy sources.

Oil price goes down, and Brent is at $82.01 a barrel

Prices for oil of benchmark grades are declining in Tuesday's trading after more than 6% growth following the previous two sessions.

Oil price goes up, and Brent is at $81.16 a barrel

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

BP withdraws from Türkiye and sells its gas stations

British company BP sells 779 filling stations in Türkiye to Petrol Ofisi of this country, ABC.AZ reports, referring to Petrol Ofisi.

Azerbaijan’s electricity exports abroad has grown 4-fold

Azerbaijan exported 3.409 billion kWh of electricity abroad for the first 10 months.

Oil price is stable, and Brent is at $77.48 a barrel

Prices for oil of benchmark grades are stable in Friday’s trading after a serious drop the day before.

Azerbaijan resumes oil sales to Australia

Australia bought Azerbaijani oil after a break of 15 months. This transaction took place in October 2023

Azerbaijani government aims to increase capacity of renewable energy sources to 30%

Consumers in Azerbaijan spent $2.5 bn to buy gasoline and diesel fuel

Azerbaijan received natural gas exports $12.3 bn from gas exports

Azerbaijan reports on electricity generation in 10 months

Oil price goes up, and Brent is at $80.48 a barrel

Prices for oil of benchmark grades continue falling in Thursday’s trading after a drop the day before.

Agreement signed on supply of up to 400 million cu m of Azerbaijani gas to Serbia in 2024

Strategic documents on cooperation in the energy sector have been signed between Azerbaijan and Serbia

Oil price goes up, and Brent is at $82.67 a barrel

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

Azerbaijan falls behind quota within OPEC+ in October

In October 2023, the average daily crude oil production in Azerbaijan was at the level of 490,000 barrels, according to IEA monthly report.

Azerbaijan discussed transportation of electricity from Central Asian countries

Azerbaijan discussed the possibilities of transporting electricity from Uzbekistan and Kazakhstan.

Date of start of gas extraction from ACG field block deep layers unveiled

Gas production from deep reservoirs at the Azeri-Chirag-Guneshli block of fields (Azerbaijani sector of the Caspian Sea) is expected to begin at the end of 2024.

OPEC lowers forecast on Azerbaijani oil production for 2023

Oil price goes up, and Brent is at $82.87 a barrel

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