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Azerbaijan
Oil & Gas Trade
COP29 Climate Summit Host Azerbaijan Defends Oil and Gas Investments
A nodding donkey pumps oil in an oil field in the settlement of Balaxani near Baku, Azerbaijan, October 5, 2017. Picture taken October 5, 2017. REUTERS/Grigory …
Oil & Gas Trade
Azerbaijani Oil and Gas Sector Invested $0.8 BN in First Q
In January-March of the current year, funds of AZN1,4bn ($0.8bn) were directed to the oil and gas sector, Azernews reports, citing the State Statistics Committe…
Oil & Gas Supply
BP Starts Oil Production at New Offshore Platform in Azerbaijan
The logo of British multinational oil and gas company BP is displayed at their booth during the LNG 2023 energy trade show in Vancouver, British Columbia, Canad…
Photovoltaic （PV）
Azerbaijan to Commission Floating Photovoltaic Plant at Boyukshor Lake up to COP29
On the eve of the Baku COP29 summit, a 100 kW floating solar power plant (photovoltaic system) will be put into operation on the Boyukshor Lake, Trend reports v…
Carbon Emissions
COP29 Host Azerbaijan Plans to Upgrade Climate Target
Azerbaijan's Minister of Ecology and Natural Resources and COP29 President, Mukhtar Babayev, attends the World Governments Summit, in Dubai, United Arab Emi…
Oil & Gas Trade
Azerbaijan Produces Over Eight Bcm Gas in This Year
In January-February of this year, Azerbaijan produced 8.2 billion cubic meters of gas, with an increase of 240 million cubic meters, of which 4.1 billion cubic …
Oil & Gas Trade
Kazmunaygas, Socar to Ink Agreement to Boost Kazakh Oil Transit Through Azerbaijan - Magzum Mirzagaliyev (Exclusive Interview)
KazMunayGas, the national oil and gas company of Kazakhstan, and SOCAR, Azerbaijan's State Oil Company, will sign an agreement to increase the transportatio…
Oil & Gas Trade
Turkiye Examines Options for Obtaining Gas Supplies From Turkmenistan Through Azerbaijan
Ankara is considering options for supplying Turkmen gas to Turkiye through Azerbaijan, Iran and the Caspian Sea, Turkish Minister of Energy and Natural Resource…
Oil Price
Azerbaijan Oil Prices Decreases
The price of Azeri LT CIF Augusta decreased by $0.95 amounting to $86.32 per barrel on March 9, Azernews reports.It should be noted that in 2022, the average se…
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…
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