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  • Fuel and Energy
  • item

    Prices for oil rise after decline, and Brent is at $77.36 a barrel

    Prices for oil of benchmark grades are increasing in Thursday’s after a drop a day earlier.

    11 January - 09:41

  • item

    Construction of 2 solar power plants to start in Azerbaijan by end of 2024

    10 January - 16:17

  • item

    Gasoline prices in Cuba to rise

    In Cuba, gasoline prices will increase more than by 400% from February 1

    10 January - 12:40

  • item

    U.S. raises oil production forecast on Azerbaijan

    The Energy Information Administration of the U.S. Department of Energy (EIA) has increased the forecast on production of liquid hydrocarbons in Azerbaijan for 2024 by 10,000 b/d.

    10 January - 11:46

  • item

    Oil price continues rising, and Brent is at $77.90 a barrel

    Prices for oil of benchmark grades continued to rise in Wednesday’s trading after growth following the past session.

    10 January - 09:20

  • item

    Oil price is stable after a drop the day before, and Brent is at $76.15 a barrel

    Prices for oil of benchmark grades are changing slightly in Tuesday’s trading after decline following the previous session.

    9 January - 09:36

  • item

    Georgia intends to increase gas imports from Azerbaijan

    Georgia plans to import 3.217 bcm of gas from Azerbaijan in 2024.

    8 January - 16:20

  • item

    Oil price goes down, and Brent is at $77.81 a barrel

    Prices for oil of benchmark grades are declining in Monday’s trading after a steady rise on Friday and following the past week.

    8 January - 09:30

  • item

    Baku and Ashgabat may resume swap gas supplies

    Baku and Ashgabat are negotiating further swap gas supplies, ABC.AZ reports with reference to the Iranian National Gas Company (NIGC).

    7 January - 14:35

  • item

    Oil has fallen in price at end of week, and Brent stops at $77.04 a barrel

    Prices for oil of benchmark grades decreased in Friday’s trading and at the end of the week.

    30 December - 09:25

  • item

    Oil price goes up, and Brent is at $77.56 a barrel

    Prices for oil of benchmark grades are increasing in Friday’s trading after a sharp decline in the previous session.

    29 December - 09:35

  • item

    Is France’s Total leaving Azerbaijan

    Foreign Minister Jeyhun Bayramov answered a question about cooperation in the economic sphere against the background of deteriorating relations with France.

    28 December - 17:44

  • item

    Rules governing general conditions of gas supply changed — New decision

    The Cabinet Ministers has amended the Rules defining the general conditions of gas supplies by gas distributors, approved by the Resolution from May 31, 1999.

    28 December - 12:41

  • item

    Oil price goes down, and Brent is at $79.50 a barrel

    Prices for oil of benchmark grades continued to decline in Thursday’s trading after a drop the day before.

    28 December - 09:25

  • item

    Turkish companies to build hydroelectric power plants in Kelbajar and Lachin - Agreement signed

    Azerbaijan aims to derive 30% of the generated electricity from renewable sources and reduce greenhouse gas emissions by 2030.

    27 December - 17:18

  • item

    Oil price goes down, and Brent is at $80.75 a barrel

    Prices for oil of benchmark grades are declining in Wednesday’s trading after growth the day before.

    27 December - 09:43

  • item

    Electricity to be generated in this district of Baku – a site allotted

    The Cabinet of Ministers has amended the Resolution on the use of renewable energy sources in electricity production, approved by the Resolution from May 31, 2021.

    26 December - 16:30

  • item

    Director of SOCAR-owned company replaced

    The head of the plant of the State Oil Company (SOCAR) has been replaced.

    26 December - 12:44

  • item

    Oil price grows more, and Brent is at $78.98 a barrel

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

    26 December - 09:00

  • item

    Azerbaijan may purchase LUKOIL refinery in Bulgaria

    25 December - 15:35

  • item

    Georgia sharply cuts electricity imports from Azerbaijan, but increases exports

    Georgia imported 3.29 million kWh of electricity from Azerbaijan for $153.46 for Jan-Nov 2023.

    22 December - 17:20

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