EU wants to impose a carbon tax on LNG by 2027

LNG may fall under the mechanism of import duties on carbon-intensive goods in the EU within three years, according to Wood Mackenzie.

Azerbaijani oil has fallen slightly in price

Oil price goes up, Brent - $73.75 per barrel

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

SOCAR-UNIPER will launch a turbo generator set at the Azerkimya plant

SOCAR-UNIPER (a joint venture of the State Oil Company of Azerbaijan and Germany’s Uniper), in November 2024, within the framework of COP29, will launch a turbine generator set at the Ethylene-Polyethylene plant of Azerkimya production association.

Azerbaijan has prepared National Electric Mobility Plan

The National Electric Mobility Plan has been prepared in Azerbaijan, within which the network of charging stations for electric vehicles will be expanded.

Power transmission line between Nakhchivan and Iran to be connected to Julfa substation

It is planned to connect the 132 kV Julfa-Julfa overhead power transmission line between the Nakhchivan Autonomous Republic and Iran to the Julfa substation

By 2030, Azerbaijan to generate 7 GW of green energy

It is planned to put 7 GW of green energy capacity into operation in Azerbaijan by 2030.

Price of oil in State Budget 2025 is projected at $ 70

When preparing the draft consolidated and state budgets of Azerbaijan for 2025, the price for 1 barrel of Azeri Light oil is set at $70.

Azerbaijani oil has risen in price

Azerbaijani oil has increased in price at the world market.

Scholz: Kazakh oil saved the German refinery from downtime

Astana helped Berlin a lot with the supply of black gold when shipments from Russia to Europe stopped, ABC.AZ reports, quoting German Chancellor Olaf Scholz.

Kyrgyzstan proposes Azerbaijan to take part in energy projects

Bishkek has proposed Baku to sign a long-term contract for the supply of crude oil to Kyrgyzstan and its processing.

Oil price goes down, Brent - $73.35 a barrel

Prices for oil of benchmark grades are declining in Wednesday's trading.

BP sells its wind energy business in U.S.

UK company BP Plc has put up for sale a wind energy business in the U.S.- BP Wind Energy, ABC.AZ reports with reference to the company.

Grossi: IAEA to support Kazakhstan in construction of nuclear power plants

IAEA Director General Rafael Grossi said that the IAEA is ready to support Kazakhstan during the referendum on the construction of a nuclear power plant, which will be held on October 6.

Capital expenditures for ACG project reach $45 bn

In the 2nd quarter of 2024, the total capital expenditures for development of the Azeri-Chirag-Gunashli (ACG) fields block in the Azerbaijani sector of the Caspian Sea reached $45 billion.

BP ABŞ-dakı külək enerjisi biznesini satır

Britaniyanın BP Plc şirkəti ABŞ-da “BP Wind Energy” külək enerjisi biznesini satışa çıxarıb.

Oil price goes up, and Brent - $73.05 a barrel

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

Residents of Uzbekistan earned almost $380,000 on sale of ‘green’ electricity

The solar energy support program in Uzbekistan continues to gain momentum.

BP sells non-controlling stake in BP Pipelines TAP Limited

Azerbaijan exported crude oil for $10.3 billion in 8 months

Over Jan-Aug 2024, the volume of crude oil exported abroad by Azerbaijan decreased by 11% compared with Jan-Aug 2023.

Austria resumes purchases of crude oil from Azerbaijan

Austria has resumed purchases of Azerbaijani crude oil for the first time in the last 11 months.