Energy - 2024
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President Ilham Aliyev has approved the extension of the VAT exemption on the import and sale of electric vehicle charging stations for another two years. The state has approved a law making the relev...
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In Azerbaijan, 37.12 bcm of natural gas were produced from January to September 2024. According to the State Statistics Committee of Azerbaijan, 28.26 bcm of this volume was marketable gas. Compared t...
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In the first three quarters of the current year, Azerbaijan refined 5 million tons of crude oil, the Ministry of Energy of Azerbaijan reported. According to the Ministry, 4.9 million tons were refined...
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Starting December 2 of this year, Elkhan Mammadov will take on the position of Senior Vice President of BP Group for production, BP-Azerbaijan announced.
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More than 80 million kWh of "green energy" has already been produced in the Lachin region, Tofig Islamov, acting director of the Restoration, Construction, and Management Service in Lachin, stated at...
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Russia has requested Azerbaijan and Georgia for the possibility of importing a total of 600 MW of electricity during emergency situations. According to TASS, this was reported by Alexandra Panina, a b...
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Uzbekistan plans to increase gas imports due to the depletion of existing fields, announced Energy Minister Jurabek Mirzamakhmudov. In 2023, gas production in the country fell to 46.7 bcm, down by 9.6...
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Oil and petroleum product transportation through the Red Sea has decreased by more than 50% over the first eight months of the year, according to the U.S. Energy Information Administration (EIA). Oil...
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December futures for Brent oil on the London ICE exchange fell by more than four percent yesterday. The price drop followed Israel's decision not to strike at Iranian oil facilities. According to The...
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Total gas withdrawals from European underground storage facilities (USF) in October so far are the fourth highest on record for this month, while injections are at their lowest since 2011. Gas reserve...









