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  • Fuel and Energy
  • item

    Forecast: Price of oil to be $100 a barrel

    US banks JPMorgan Chase & Co. and Goldman Sachs predict that oil prices will rise up to $100 a barrel

    18 February - 16:00

  • item

    Generation of electricity from wind has grown

    Azerbaijan generated 2.225 bn kWh of electricity for January 2021 (1.8% more against January 2020)

    18 February - 12:12

  • item

    Oil continues growing in cost, and Brent is at $65.22 per barrel

    Oil prices keep on rising in Thursday’s trading amid a sharp reduction in the oil production in the U.S. because of severe frosts

    18 February - 10:34

  • item

    Monitoring reveals fuel quality problems in Azerbaijan

    The monitoring of fuel quality has been organized at 36 gas stations in Azerbaijan in 2020

    17 February - 15:26

  • item

    Oil prices rise, Brent is at $63.57 a barrel

    Cost of oil of standard grades is rising in Wednesday’s trading

    17 February - 10:43

  • item

    Data unveiled on electricity supplied to Turkey through Georgia

    16 February - 15:14

  • item

    Azerbaijan ranks 11th in world on this indicator

    Given the level of oil production at the beginning of last year, Azerbaijan's oil reserves will be sufficient by another 25 years

    16 February - 12:47

  • item

    Fitch: Azerbaijan lags behind only Qatar on this indicator

    Azerbaijan's natural gas reserves will be enough by another 120 years, taking into account the level of natural gas production at the beginning of 2020

    16 February - 11:28

  • item

    Oil keeps on rising in price, and Brent is at $63.41 a barrel

    Oil prices are growing in Tuesday’s trading, having been at their highest since January 2020

    16 February - 10:17

  • item

    Ilham Aliyev: Hydroelectric power station Gulyabird commissioned

    During his trip to the occupation-liberated territory President Ilham Aliyev has clarified some points in connection with Gulyabird village of Lachin district

    15 February - 16:40

  • item

    Ilham Aliyev: The occupation-liberated lands to become ‘green energy zone’

    15 February - 16:22

  • item

    Cost of oil grows, and Brent is at $63.62 a barrel

    The value of oil of standard grades is steadily increasing in the course of Monday’s trading amid the improvement of the oil demand forecasts

    15 February - 10:29

  • item

    Country which bought oil only from Azerbaijan last month

    Ukraine imported crude oil for $34.34 million in January 2021 (14% more against January 2020)

    12 February - 15:13

  • item

    Azerbaijani president: Southern Gas Corridor is a unique project

    President Ilham Aliyev delivered speech yesterday at the VII Ministerial Meeting in the video conference format within the framework of the Southern Gas Corridor Advisory Council

    12 February - 11:08

  • item

    President Ilham Aliyev: Energy diversification is important for consumer and producer states

    On 11 February, President Ilham Aliyev addressed the VII Ministerial Meeting in the video conference format within the framework of the Southern Gas Corridor Advisory Council.

    12 February - 11:00

  • item

    Oil prices keep on falling, and Brent is at $60.79 a barrel

    Prices for oil of standard grades continue decreasing in Friday’s trading because of deterioration of the forecasts of the International Energy Agency (IEA) and OPEC on the occasion of the oil demand

    12 February - 10:59

  • item

    Azerbaijan fully met the OPEC+ deal in January

    In January 2021 the daily production of oil with condensate in Azerbaijan totaled 752,000 barrels, including 593,000 barrels accounted for oil production and 159,000 barrels for condensate

    11 February - 13:00

  • item

    Oil prices fall, and Brent is at $61.15 a barrel

    Cost of oil of standard grades is lowering in Thursday’s trading after a jump the day before

    11 February - 10:57

  • item

    Forecast on cost of crude oil Light for this year

    The U.S. Energy Information Administration has released a forecast on oil prices for 2021

    10 February - 12:54

  • item

    New forecast made on Brent crude price

    The U.S. has changed its forecast on oil prices.

    10 February - 12:53

  • item

    Azerbaijani energy minister met with TAP executive director

    Azerbaijani Energy Minister Parviz Shahbazov held a video conference with Luka Shippati, the executive director of TAP AG, the operator of Trans-Adriatic gas pipeline

    10 February - 11:29

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