Azerbaijan signs a memo on a JV with 3 countries

Azerbaijan, Romania, Georgia, Hungary have signed the Memorandum of Understanding on the creation of joint venture.

Oil price goes up, and Brent is at $84.44 a barrel

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

MP’s forecast: Budget price of oil to be brought up to $ 75

Azerbaijan’s crude oil Azeri Light was traded on the world market for an average of $87.3 per barrel.

Work is underway on 3 corridors for export of ‘green’ energy

One of the main issues our country faces is creation of necessary infrastructure for export of "green" energy to European countries.

Deputy minister: With Masdar, we’re implementing a new project with capacity of 1 MW

We have big goals for the energy transition.

Cost of oil goes up, and Brent is at $82.13 a barrel

Prices for oil of benchmark grades are rising in Monday's trading.

Equinor to develop Troll gas field — Investment amount

Oil price is stable, and Brent is at $81.34 a barrel

Prices for oil of benchmark grades are stable in Friday’s trading.

President Aliyev: Those countries that don’t have oil shouldn’t point finger at those who have it

The most important legacy of COP 29 will be our opportunity to take an additional, tangible and sustainable step towards a green world.

Oil prices keep on falling, and Brent is at $81.34 a barrel

Prices for oil of benchmark grades continue to decline in Thursday's trading.

Azerbaijan increased imports of premium gasoline with octane rating of 95

Oil price goes up, and Brent is at $82.27 a barrel

Oil continues to fall in price, and Brent is at $83.22 a barrel

Prices for oil of benchmark grades continue falling in Tuesday’s trading after a decline in the previous session.

Oil price goes up, Brent - $84.28 per barrel

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

Cost of oil goes up, and Brent is at $83.58 a barrel

Prices for oil of benchmark grades are rising in Friday’s trading and end the week with an increase.

Oil price keeps on rising, and Brent is at $83.19 a barrel

Prices for oil of benchmark grades are increasing in Thursday’s trading after growth following the session the day before.

Growth reported on revenues from sale of gasoline and diesel fuel for 2024

Over Jan-Apr 2024, the fuel consumers in Azerbaijan purchased gasoline and diesel for a total amount of 988.4 million manats.

Azerbaijan unveils data on electricity generated for Jan-Apr

According to operational data for Jan-Apr of this year, electricity production totaled 9.248 bn kWh, while exports reached 407 million kWh and imports - 62.2 million kWh.

Baku and Ankara agree on Turkmen gas supply to Türkiye

As part of the agreement signed today between Baku and Ankara in the field of natural gas, an agreement was reached on the supply of Turkmen gas to Türkiye through Azerbaijan and Georgia.

Oil price recovers after fall, and Brent is at $82.91 a barrel

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

Igdyr-Nakhchivan gas pipeline to be put into operation this year

Igdyr-Nakhchivan gas pipeline is to be launched as soon as possible.