President Ilham Aliyev: Energy diversification is important for consumer and producer states

On 11 February, President Ilham Aliyev addressed the VII Ministerial Meeting in the video conference format within the framework of the Southern Gas Corridor Advisory Council.

Oil prices keep on falling, and Brent is at $60.79 a barrel

Prices for oil of standard grades continue decreasing in Friday’s trading because of deterioration of the forecasts of the International Energy Agency (IEA) and OPEC on the occasion of the oil demand

Azerbaijan fully met the OPEC+ deal in January

In January 2021 the daily production of oil with condensate in Azerbaijan totaled 752,000 barrels, including 593,000 barrels accounted for oil production and 159,000 barrels for condensate

Oil prices fall, and Brent is at $61.15 a barrel

Cost of oil of standard grades is lowering in Thursday’s trading after a jump the day before

Forecast on cost of crude oil Light for this year

The U.S. Energy Information Administration has released a forecast on oil prices for 2021

New forecast made on Brent crude price

The U.S. has changed its forecast on oil prices.

Azerbaijani energy minister met with TAP executive director

Azerbaijani Energy Minister Parviz Shahbazov held a video conference with Luka Shippati, the executive director of TAP AG, the operator of Trans-Adriatic gas pipeline

Oil prices decline, Brent is at $61.05 a barrel

Oil prices are slightly lowering on Wednesday after the publication about the data on stocks in the U.S. for the past week

Azerbaijani oil has grown in cost up to $63

Prices for Azeri Light crude oil at the world market have increased

Forecast: How much oil can rise in price

Against the background of weak, contrary to forecasts, disclosure of the fundamental indicators of the U.S. labor market, the decline in the average price of the dollar against other leading currencies continues

A new wind farm project discussed

Energy Minister Parviz Shahbazov has held a video-format meeting with ACWA Power’s chairman of board Mohammed Abunayyan

Oil prices go on rising, and Brent is already above $61 a barrel

Prices for oil of standard grades continue their growth in Tuesday’s trading amid the expectations of recovery in the oil demand around the world

Income from coal observed a decline in Russia

Russia's coal revenues fell sharply

Russia's oil revenues decreased more than by 40% for 2020

Russia's oil export revenues amounted to $72.3 bn for 2020, ABC.AZ reports with reference to the Federal Customs Service of Russia

SOCAR launches a new project with a UK company

North Macedonia to build a pipeline to import Azerbaijani gas

Oil continues price growing, and Brent is at $59.96 a barrel

Oil prices, which ended the past week at the highest in more than a year, keep on increasing this Monday

Initial demand for natural gas in Karabakh published

The annual demand for natural gas in the territory of Karabakh liberated from the occupation is projected to reach 200 million cu m

TANAP capacity may be increased in the future

Last year, Azerbaijan exported 11.1 bn cu m of gas to Turkey via gas pipeline Baku-Tbilisi-Erzurum for past year

A contract signed for construction of a new power plant

The first meeting has been held in connection with the start of work on the pilot project for the construction of a floating solar power plant with capacity of 100 kW on the Boyukshor Lake

Quantity of SOCAR gas stations in Ukraine has increased up to 56