Energy - 2024
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The average price of Urals crude oil in 2023 was $62.99 per barrel, compared with 2022 ($76.09 per barrel) it decreased by 17.2%, the message of the Ministry of Finance of the Russian Federation.
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The Government of Azerbaijan plans to implement projects for the construction of four power plants in the field of renewable energy sources (RES) on the Absheron Peninsula by 2040. Such plans are refl...
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Revenues to the State Oil Fund of Azerbaijan (SOFAZ) from the sale of profitable oil and gas from the Azeri-Chirag-Guneshli block (ACG) and the “Shah Deniz” field in 2023 amounted to $8 billion 207.2...
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The US Department of Energy slightly lowered the forecast for the price of Brent crude oil for 2024: from $82.57/bbl to $82.49/bbl. The average price of Brent by the end of 2023 was $82.41/bbl, whi...
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The government of Azerbaijan predicts gas production in the country in 2024 in the amount of 49 billion 63.6 mcm. The actual data on the country's gas production for 2023 has not yet been published. H...
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The government of Azerbaijan predicts oil production in the country in 2024 at the level of 29 million 492.3 thousand tons. The actual data on oil production in the country for 2023 has not yet been p...
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Georgia has agreed with the Azerbaijani side on the volume of gas imports for the current year. In 2024, the volume of Azerbaijani gas imports will amount to 3 billion 17 mcm. According to Georgian me...
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The tenth anniversary ministerial meeting within the framework of the Advisory Council of the Southern Gas Corridor (SGC) will be held in Baku on March 1 this year. The second ministerial meeting o...
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Azerbaijan and the UAE signed 4 documents in the energy sector in Baku yesterday, the press service of the Ministry of Energy of Azerbaijan. The Memorandum of Understanding between the Ministry of En...








