Azerbaijan and Uzbekistan discuss promising cooperation opportunities

Azerbaijan and Uzbekistan held discussions on cooperation in the renewable energy sector.

Azerbaijan’s gas export reaches 8.5 bcm

According to operational data, the production of oil condensate amounted to 9.6 million tons and the volume of exports - 7.9 million tons for Jan-Apr 2024.

Oil price goes up, and Brent is at $83.48 a barrel

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

Cost of oil goes down, and Brent is at $84.42 a barrel

Prices for oil of benchmark grades are falling in Monday’s trading.

Green technology online platform to be established in Azerbaijan

A green technology online platform will be created in Azerbaijan, according to World Bank Group’s Business Ready report.

A lot of money spent on Shah Deniz field

In the first quarter of 2024, about $719 million in operating expenses and about $201 million in capital expenditures were spent on Shah Deniz gas condensate field located in the Azerbaijani sector of the Caspian Sea.

Oil production from ACG for Q1 drops to 339,000 b/d

Over Jan-Mar 2024, an average of 339,000 b/d of oil were produced from Azeri-Chirag-Guneshli field block.

Oil continues growing in price, and Brent is at $84.42 a barrel

Prices for oil of benchmark grades are increasing in Friday’s trading and end the week with a rise.

Bulgarian company to invest in recycling of engine and industrial oil in Azerbaijan

The Economic Zones Development Agency (under the Azerbaijani Ministry of Economy) has issued a resident certificate of the Sumgayit Chemical Industrial Park to Caspian Lubricants Recycling Company (Bulgaria) at the Azerbaijan-Bulgaria business forum in Baku.

SOCAR eyes extending business in Bulgaria

The State Oil Company of Azerbaijan (SOCAR) plans to expand its business in Bulgaria and is working on the development of the domestic gas distribution network in this country.

SOCAR’s drilling operations for Q1 of 2024

In the 1st quarter of 2024, the State Oil Company of Azerbaijan (SOCAR) carried out a total of 17,644 meters of drilling operations.

Ilham Aliyev: Azerbaijan's gas exports to Bulgaria increase year by year

Azerbaijan's gas exports to Bulgaria are increasing year by year.

Oil keeps on falling in price, and Brent is at $82.70 a barrel

Prices for oil of benchmark grades are falling in Wednesday’s trading after a drop in the previous session.

Robert Fico: We want to import gas not only from Azerbaijan, but also from Ukraine

We not only want to buy gas from Azerbaijan. We want to import gas from Ukraine to Slovakia, and I really appreciate your constructive approach in this matter.

Ankara increases volume of two gas storage facilities

The Turkish authorities have decided to expand the storage capacity of natural gas in two underground gas storage facilities.

Azerbaijan and Iran to launch a hydroelectric plant on Araz River in coming days

The commissioning of Giz Galasi hydroelectric complex on the Azerbaijani-Iranian border will take place in the coming days

Azerbaijan transports its natural gas to Europe through reliable routes

Azerbaijan transports its natural gas to Europe through reliable routes.

SOFAZ's revenues from ACG decreased by 27%

Oil price goes up, and Brent is at $83.47 a barrel

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

Oil price goes up, and Brent is at $83.31 a barrel

Prices for oil of benchmark grades are increasing in Monday’s trading after a drop following the previous week.

Azerbaijan, Saudi Arabia ink documents strengthening energy partnership