A substation to be built in this city

Oil price goes up, and Brent is at $90.56 per barrel

Prices for oil of benchmark grades recover in Tuesday’s trading after a drop the day before.

Azerbaijan’s exports of oil and condensate for 3 months reached 7.3 million tons

The oil-condensate production in Azerbaijan was 7.3 million tons and export - 6 million tons for Jan-Mar 2024.

Azerbaijan exported over 3 bcm of gas to Europe for Jan-Mar 2024

For Jan-Mar 2024, Azerbaijan exported 3.2 bcm of gas to Europe, 2.3 bcm to Türkiye, and 0.9 bcm to Georgia.

Value of oil goes up, and Brent is at $89.92 a barrel

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

Oil price ends the week with strong growth

Brent and WTI crude oil prices ended the first week of April with strong growth.

Oil price goes up, and Brent is at $91.06 per barrel

Prices for oil of benchmark grades continue growing in Friday’s trading.

SOFAZ income from Shah Deniz reduced 8-fold

Over Jan-Mar 2024, SOFAZ revenues from Shah Deniz field in the Azerbaijani sector of the Caspian Sea amounted to $78.5 million.

SOFAZ revenues from ACG drop by 29%

Forecast: Energy exports to form basis of Azerbaijan's economy in coming years

Oil price goes up, and Brent is at $89.61 per barrel

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

Electricity exports decline 6.5-fold

Over Jan-Feb 2024, Azerbaijan exported electricity for $34.9 million.

Oil price is stable, and Brent - $89 per barrel

Prices for oil of benchmark grades were stable in Wednesday’s after a rise following the previous session.

Azerbaijan to provide 51% of Bulgaria's natural gas needs in April

Bulgaria's utilities regulator approved a 2% increase in the regulated gas price in the country in April.

Oil price goes up, Brent - $87.84 per barrel

Prices for oil of benchmark grades continued rising in Tuesday’s trading after growth following the previous session.

SOCAR ready to extend gas contract with Romania until 2026

The State Oil Company of Azerbaijan (SOCAR) is ready to extend the contract signed with Romania on gas supply by 2026

Qatar Energy prepares for a large-scale increase in gas supplies

Oil price goes up, and Brent is at $87.28 a barrel

Prices for oil of benchmark grades keep on rising in Monday’s trading after growth in the 1st quarter.

Price of electricity may decrease in Azerbaijan

A sharp increase in solar energy consumption may affect electricity prices.

Parviz Shahbazov: Foundations of 4 new renewable energy plants to be laid this year

The foundation of four new renewable energy plants will be laid within the Green World Solidarity Year.

Oil price ended Q1 with strong growth

Brent and WTI oil prices ended March and the first quarter of 2024 with strong growth.