Gas extraction in Azerbaijan to exceed oil production

According to the forecasts of independent research company Rystad Energy, gas production in Azerbaijan will soon surpass oil production. This will be possible thanks to some large projects.

Over past 9 months, commercial oil production in mining sector declined by 4%

This year, Azerbaijan exported about 18 million tons of oil condensate

Ukrainian Ministry of Energy announces plans by end of 2024

Data unveiled on Azerbaijan’s gas exports to Europe in 9 months

Over Jan-Sept 2024, about 9.4 bcm of gas were exported from Azerbaijan to Europe this year,

Oil price goes down, Brent - $78.19 per barrel

Prices for oil of benchmark grades are declining in Monday’s after a rise following the last week.

Azerbaijan's potential in renewable energy sources to more than triples

Our renewable energy potential will undoubtedly increase more than 3-fold.

Green energy projects with a capacity of 7 gigawatts will be implemented by 2030 – Minister

The creation of green energy zones in Karabakh will be the basis for transition to zero emissions,

28 hydroelectric power plants to be built in Karabakh and Eastern Zangezur

28 hydroelectric power plants will be constructed in Karabakh and Eastern Zangezur.

Price of Azerbaijani oil exceeds $80

What income will Azerbaijan receive as a result of energy efficiency improvements?

Implementation of energy efficiency measures for public buildings in Azerbaijan could bring the country an income of $509 million per year through the export of additional natural gas volumes currently used for electricity generation.

Oil price goes down, Brent - $79.16 per barrel

Prices for oil of benchmark grades are declining in Friday’s trading after a sharp rise following the last session.

Szijjarto: Lukoil oil supplies to Hungary resume

Lukoil's oil supplies to Hungary have resumed

182 GW of installed renewable energy capacity added in China in 8 months

From January to August, 182 million kW of new renewable energy sources were installed in China.

Price of Azerbaijani oil has decreased

Azerbaijani oil Azeri Light (USA) has fallen in price at the world markets.

Oil price goes up, Brent - $77.17 per barrel

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

Qatar Energy signs oil supply agreement with Shell

Qatar Energy has signed a long-term oil supply agreement with Shell.

Forecast on oil & gas production in Azerbaijan until 2029 from The Economist

The daily production of oil and natural liquefied gas (Crude Oil & GL Production) in Azerbaijan this year will amount to 662,000 barrels.

Turkmenistan proposes to expand energy supplies across the CIS and beyond

Turkmenistan supports expansion of volume and geography of energy supplies across the territory of the Commonwealth of Independent States (CIS) and beyond, ABC.AZ reports, quoting Turkmen President Serdar Berdimuhamedov.

Some gas stations closed in Azerbaijan – Addresses

Several more MS Oil gas stations owned by MSDIS Holding have closed.

Cost of Azerbaijani oil has declined

Azerbaijani oil has fallen in price at the world market.