Azerbaijan imports electricity from Russia and Georgia, despite sufficient internal reserves

Azerenergy claims that power supply has been fully restored throughout the country after the accident at Mingachevir Thermal Power Plant

Price of Azerbaijani oil declined

Cost of a barrel of Azerbaijani oil of the Azeri Light brand decreased by $0.79 (1.0%)

SOCAR enterprises continue to operate normally

In connection with the accident in the energy system of Azerbaijan, the operation of land fields of the State Oil Company of Azerbaijan (SOCAR) was temporarily violated.

SOCAR to supply fuel to Ukrainian Railways

SOCAR Ukraine and Ukrainian Railways (Ukrzaliznytsia) have signed a contract

Azerbaijan’s head orders on a commission to deal with Mingechevir hydropower plant accident

President Ilham Aliyev has signed an order on the establishment of the State Commission in connection with the accident that occurred at one of the substations of Azerbaijan Thermal Power Station LLC.

Price of Azerbaijani oil has dropped

Cost of a barrel of Azerbaijan's oil Azeri Light has declined by $1.3

Energy Ministry: Cause of accident was a 40% rise in energy consumption

The Ministry of Energy of Azerbaijan has claimed that the consequences of yesterday's accident, which occurred as a result of an increase in electricity consumption by 40%, are under liquidation.

Azerbaijan was de-energized for several hours

At night from 2 to 3 July, the territory of entire Azerbaijan was de-energized because of the failure of one of the transformers of the Mingachevir hydro-electric power station, the main source of country’s electricity.

WB has given a $750 million syndicated loan for TANAP project

Southern Gas Corridor CJSC has raised a syndicated loan of $750 million.

Shah Deniz 2 begins gas deliveries to Turkey

Cost of Azerbaijani oil is $78.61 a barrel

Price of a barrel of Azerbaijan's oil Azeri Light has declined by $0.34

Event devoted to Southern Gas Corridor held in Washington

An event dedicated to the Southern Gas Corridor was held at Washington-based HQ of BP within the framework of the 27th World Gas Conference.

Price of oil Azeri Light grows

Cost of a barrel of Azerbaijan's oil Azeri Light has increased by $2.7

SDL Nobel modernized its fabrication facility to deliver better services

SDL Nobel completed modernization of its fabrication shop with the aim to assure an improved quality of services for the clients.

Azerbaijan’s Energy Minister held a range of meetings in Washington

Azerbaijani Energy Minister Parviz Shahbazov held a meeting with Fatih Birol, Executive Director of the International Energy Agency within the framework of the 27th World Gas Conference taking place in Washington currently.

Cost of oil Azeri Light rises

Cost of a barrel of Azerbaijan's oil Azeri Light has increased by $0.68

BP-Azerbaijan’s new vice president appointed

BP-Azerbaijan has carried out personnel changes

Price of oil Azeri Light has grown

Cost of a barrel of Azerbaijan's oil Azeri Light has increased by $1.09

SOCAR to receive grants and subsidies from adjusted budget 2018

Additional finances will be transferred from the corrected State Budget to the State Oil Company of Azerbaijan

Base oil price in Azerbaijan’s budget 2018 to rise by $10

The Azerbaijani government has raised the base price of oil envisaged in State Budget 2018

Cost of oil Azeri Light has cheapened

Cost of a barrel of Azerbaijan's oil Azeri Light has decreased by $1.3