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Belt and Road
Azerbaijan
Offshore Wind Power
Windeurope and Azerbaijan Join Forces to Accelerate Wind Energy
On 1 March WindEurope and the Azerbaijan Renewable Energy Agency signed a Memorandum of Understanding (MoU) to advance the deployment of onshore and offshore wi…
Oil & Gas Trade
Azerbaijan to Start Supplying Gas to Hungary via Turkiye
Azerbaijan will start supplying around 275 million cubic metres of natural gas to Hungary via Türkiye in April, Azernews reports.This statement was made to…
Pakistan
Pakistan Secures Second LNG Cargo From Azerbaijan
ISLAMABAD: Pakistan has succeeded in securing a second Liquefied Natural Gas (LNG) cargo from the State Oil Company of the Azerbaijan Republic (SOCAR) for deliv…
COP28
Azerbaijan Minister and State Oil Company Veteran to Lead COP29 Climate Talks
Azerbaijan's Minister of Ecology and Natural Resources Mukhtar Babayev speaks during the United Nations Climate Change Conference (COP28) in Dubai, United A…
Hydropower Plant
Agreement Signed for Restoration of 5 Small Hydropower Plants in Kalbajar and Lachin Districts
Azerbaijan aims to derive 30% of the generated electricity from renewable sources and reduce greenhouse gas emissions by 2030. The Joint Participation Agreement…
Oil & Gas Trade
Equinor Sells Azerbaijan Assets, Eyes Loss of up to $400 Mln
Equinor's logo is seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsNorway's Equinor (EQNR…
Natural Gas
COP29 Climate Summit Host Azerbaijan Touts Country's Gas Potential
A general view shows an embankment of the Caspian Sea in Baku, Azerbaijan, June 23, 2016. REUTERS/Maxim Shemetov/File Photo Acquire Licensing RightsAfter winnin…
Oil & Gas Trade
Azerbaijan Increases Gas Exports - Energy Minister
Azerbaijan exported 22.05 billion cubic meters of natural gas from January through November 2023, which is 9 percent more than the indicator of the same period …
Hydrogen Production
ADNOC and SOCAR Unite for Low-Carbon Solutions, Hydrogen in Spotlight
UAE’s Abu Dhabi National Oil Company (ADNOC) and the State Oil Company of Azerbaijan Republic (SOCAR) have signed a strategic collaboration agreement (SCA…
Photovoltaic (PV)
Azerbaijan's First and Largest Utility-Scale PV Power Plant Online on the 10th Anniversary of Belt and Road Initiative
Recently, the 308MWp Area 60 solar power project, Azerbaijan's first and largest utility-scale PV power plant has officially commenced operations, using Sun…
Oil & Gas Trade
Serbia Signs Gas Supply Deal With Azerbaijan
Serbia signed a deal with Azerbaijan to purchase 400 million cubic metres of natural gas per year from 2024, Azerbaijan's energy ministry said on Tuesday.Se…
Solar Power Plant
ACWA Power, Masdar and Socar Join Forces for 500 MW Re Projects in Azerbaijan
The projects in the Nakhchivan Autonomous Republic will propel Azerbaijan’s net-zero goals.Three major energy companies – Saudi-based power generati…
Solar Power Plant
Masdar to Develop 1GW Solar and Onshore Wind Projects in Azerbaijan
The Abu Dhabi-based renewable energy company’s investment agreements for the three renewable energy projects come after the inauguration of the 230MW Gara…
Oil Pipeline
Azerbaijan, Turkey Start Construction of Nakhchivan Gas Pipeline
Turkey's President Recep Tayyip Erdoğan with Azerbaijan's President Ilham Aliyev. Photo Credit: President.azAzerbaijan and Turkey have broken ground on…
Oil Price
Azerbaijani Oil Price Exceeds $90
Baku, August 5, AZERTACThe Azerbaijani oil price has increased in the world markets.The price of a barrel of Azeri Light crude oil rose $1.21 to trade at $90.11…
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