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Azerbaijan
Oil Field
Iran, Azerbaijan Eye Joint Development of Oil and Gas Fields in Caspian Sea
Iran and Azerbaijan, members of the OPEC+ alliance, are looking at finalizing "soon" a number of energy deals, including joint development of an oil field in th…
Floating Offshore Wind
Plan to Power Oil & Gas Ops with Floating Wind Unveiled in Azerbaijan
SOCAR and Technip Energies have signed a cooperation agreement which, among other things, will see the two companies working on a joint pilot project for poweri…
Oil Field
Mud Volcano Explosion Near Major Caspian Sea Gas Fields
An explosion near an offshore field in the Caspian Sea has had media guessing as to what happened, after several shots and videos were released online.
Oil & Gas Supply
SOCAR, Rosneft Tie-up on Fuel Supplies to Ukraine, Other Countries
Azerbaijan's state energy company SOCAR and Russia's oil and gas giant Rosneft have signed a deal to supply oil products and liquefied petroleum gas to Ukraine …
Offshore Wind Power
World Bank, Azerbaijan form Offshore Wind Team
MoU will assess the country's potential and develop a sector roadmap
Azerbaijan
Masdar Signs Deal to Develop $200m Solar Project in Azerbaijan
The plant is expected to start commercial operation in early 2023
Azerbaijan
Azerbaijan, Turkmenistan Finally Reach Deal On Lucrative Caspian Sea Energy Field
Azerbaijan and Turkmenistan have reached a preliminary agreement on the joint exploration of a once-disputed section of an undersea hydrocarbons field in the Ca…
Oil Pipeline
Azerbaijan Sends First Gas Export via TAP Pipeline
Azerbaijan has started commercial natural gas supplies to Europe via the Trans-Adriatic Pipeline.
Wind Farm
240 MW Wind Farm to Pave the Way for Sustainable Development in Azerbaijan’s Energy Sector
Following the signing of the implementation agreement for the $300 million Independent Power Project in January 2020, ACWA Power today executed the official agr…
Hydropower Plant
Iran, Azerbaijan to Build Hydropower Plants at Common Border
Iran and Azerbaijan have agreed to reactivate the building of two hydroelectric power plants on the Aras river border, the Iranian Minister of Energy Reza Ardak…
Oil & Gas Trade
Azerbaijan Boosts Natural Gas Production, Export in Jan-Oct 2020
Azerbaijan increased gas production and export while reducing oil production and export in January-October 2020.
Oil Price
Azerbaijan Sees Increase in Oil Price
Azerbaijani oil price has increased on the world markets
Oil & Gas Trade
Azerbaijan's Exports of Petroleum Products Increase by 16% in the First Seven Months of 2020
From January to July 2020, Azerbaijan exported 706,000 tons of petroleum products, valued at US$190 million.
Wind Power Project
Azerbaijan Builds Six Wind Energy Metering Stations
Six wind metering stations have been installed in the country’s Khizi town and Absheron region where 240 MW wind farm will be built.
Azerbaijan
BP Says it has no Plans to Scale down Oil and Gas in Azerbaijan
British oil major BP has no plans to scale down its oil and gas business in Azerbaijan amid global plans to rebalance its portfolio towards renewables.
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