Energy - 2023
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Yesterday, the State Oil Company of Azerbaijan has opened a representative office in Ashgabat. The opening ceremony was attended by Chairman of the SOCAR Supervisory Board, Azerbaijani Economy Ministe...
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In January-September 2023, Azerbaijan became the fifth largest supplier of pipeline gas to the European Union (EU.) According to the Statistical Office of the European Union (Eurostat), over 9 months...
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Within the framework of a working visit to Turkmenistan, Azerbaijani Economy Minister Mikail Jabbarov held a number of meetings, the Ministry of Economy of the Republic of Azerbaijan reports. The step...
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Experts estimate at $1 billion the cost of projects for the construction of three power plants - two solar (SPP) and one wind (WPP), which “Masdar” company from the UAE plans to implement in Azerbaija...
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Daily oil production at the Tengiz field has been reduced to 39 thousand tons due to weather conditions and restrictions on oil intake at the Caspian Pipeline Consortium (CPC), Advisor to the Minister...
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Yesterday, the European Commission (EC) announced its proposal to extend for one year emergency measures in the energy sector in the European Union. “These measures were introduced last year to solve...
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OPEC+ countries, following the results of the postponed meeting to be held on November 30, will extend the existing restrictions on oil production with minimal changes until the end of the first quart...
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Following Tuesday's trading results, exchange prices for gas in Europe dropped by 1.5%, to $ 490 per thousand cubic meters, data from the London ICE exchange.







