“Zero Waste” program to be implemented within Baku Energy Week

Oil price goes down, and Brent is at $86.26 a barrel

Prices for oil of benchmark grade are declining in Monday’s trading after a rise following the past week.

Action plan to be prepared to restore operation of Zardab oilfield

Azerbaijan's crude oil production reaches 515,000 b/d for March

Oil price goes down, and Brent is at $86.96 a barrel

Prices for oil of benchmark grades are declining in Thursday’s trading after rising following the previous session.

A company engaged in processing of used oils made profit

Exol Azerbaijan CJSC, engaged in the processing of used oils in Azerbaijan, published a report for 2022.

Baku Energy Week once again brings major players of the sector together

Between 31 May and 3 June, Azerbaijan is hosting Baku Energy Week, the Caspian region's most prestigious in the field of energy.

Azerbaijan increased electricity production by 7.7%

In the 1st quarter of 2023, electricity production in Azerbaijan grew by 7.7% (against Q1 of 2022) up to 7.756 bn kWh, exports – 1.238 bn kWh and imports 31.3 million kWh.

Cost of oil grows, and Brent is at $85.81 a barrel

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

.4 million tons of oil exported for past 3 months

Azerbaijan exported 6.4 million tons of oil with condensate for Jan-Mar 2023.

TANAP provided Türkiye with 1.4 bn cu m of gas for Q1 of 2023

In the 1st quarter of 2023, oil condensate production in Azerbaijan amounted to 7.7 million tons and exports - 6.4 million tons.

Azerbaijan produced 7.7 million tons of oil for Q1 of 2023

Since the commissioning of the Azeri-Chirag-Guneshli (ACG) and Shah Deniz fields, 396 bn cu m of gas have been produced as of 1 April 2023.

Azerbaijan adopts a new bill on electric power industry

A new bill on electric power industry has been passed in the 3rd reading at today's Milli Majlis plenary session.

Oil price rises, and Brent is at $84.75 a barrel

Prices of oil of benchmark grades are increasing in Tuesday’s trading after a decline the day before.

Oil prices grow slightly, Brent is at $85.13 a barrel

Prices for oil of benchmark grades are slightly rising in Monday's trading after last week’s growth due to the decision of a number of OPEC+ countries, including Saudi Arabia, on further production cut.

Vahid Ahmadov: A very serious price increase is expected

I don’t agree with the words of Parviz Shakhbazov that there will be no price increase after the adoption of the Bill on Electric Power Industry. No, there will be a very serious price increase.

Adoption of new Law on Electric Power Industry should not be understood as price increase

The adoption of the new Law on Electric Power Industry should not be understood as an increase in prices.

Ilham Aliyev: Azerbaijan exports 24.5 bn cu m of gas to world market this year

Energy Minister: 125,000 tons of Kazakh oil to be carried via BTC pipe this month

The 19th meeting of the Azerbaijan-Kazakhstan Intergovernmental Trade & Economic Cooperation Commission has been held in Baku.

Oil Fund has published a statement on ACG field 

Shah Deniz field income for Jan-Mar made public