Romanian President: We’re very interested in receiving additional volumes of Caspian gas

The conclusion of the Memorandum of Understanding on Strategic Partnership in the field of energy, signed by the European Union and Azerbaijan in July 2022

Ilham Aliyev: Romania joins group of countries of Southern Gas Corridor

Two important events took place in December from angle of energy security. Azerbaijan and Romania signed an agreement on gas supplies. Gas supply will start soon. Thus, Romania joins the group of countries of the Southern Gas Corridor.

SOCAR and TPAO signed a range of documents on cooperation

Today, SOCAR president Rovshan Najaf met with a delegation of TPAO (Türkiye Petrolleri Anonim Ortaklığı), headed by company’s president Melih Khan Bilgi.

President: We have resources to increase gas exports to Europe

Last year there were a number of important events demonstrating our common commitment to energy security.

Agreement signed between SOCAR and ACWA Power

Ilham Aliyev: We already talk about expansion of Southern Gas Corridor

Energy security is also a matter of national security. We are working in the field of building new routes and attracting new resources. Now we see that this is as important as ever.

Oil price goes down, and Brent is at $81.91 a barrel

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

Forbes thinks Tehran is concerned about Azerbaijan's gas sales to Europe

Forbes magazine published an article about Azerbaijan's gas exports and its role in Europe's gas supply.

Forbes: Vardanyan may jeopardize transportation of Azerbaijani gas to Europe

Oil price goes up after the fall, Brent is at $83.61 a barrel

Prices for oil of benchmark grades are rising in Thursday’s trading after a serious drop in the last session by more than 3%.

Price of oil goes up, and Brent is at $85.70 a barrel

Prices for oil of benchmark grades are increasing in Wednesday’s trading.

Production of this type of cable started in Azerbaijan first time

Cable producer STP LLC (STP Global Cable), a resident of the Sumgait Chemical Industrial Park under the jurisdiction of the Economic Zones Development Agency (IZIA), for the first time in Azerbaijan has started the manufacture of cable used in underwater pools.

S Korea wants to build four nuclear reactors in Turkiye

Oil keeps on falling in price, and Brent is at $84.16 a barrel

Prices for oil of benchmark grades continue dropping in Tuesday’s trading after decline of over 2% at the end of the last session.

Electricity exported by Azerbaijan has risen in price

Electricity exported by Azerbaijan has grown in price by 75%

Oil gets cheaper, and Brent is at $86.11 a barrel

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

President held a reception

India and UAE plan to connect both states’ power grids with subsea cable

Cost of oil rises, and Brent is at $87.84 a barrel

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

Shah Deniz production in 2022 exceeded the target

The peak of production on Phase 2 of Shah Deniz gas condensate field, located in the Azerbaijani sector of the Caspian Sea, may be reached in 2023.

Oil price changes in different directions, and Brent is at $86.04 a barrel

Prices for oil of benchmark grades are changing in different ways in Thursday’s trading.