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Azerbaijan
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…
Oil & Gas Supply
President Ilham Aliyev: Azerbaijan Became Important Gas Supplier to Europe
It's already for more than two years Azerbaijan became an important gas supplier to Europe, said President Ilham Aliyev as he was interviewed by Euronews TV…
Oil&Gas Drilling
Totalenergies Starts Gas Production in Absheron Field in Azerbaijan
TotalEnergies and its partner SOCAR (State Oil Company of the Republic of Azerbaijan) announce the start of production of the first phase of development of the …
Oil & Gas Trade
Europe Spends Nearly Half Billion Euros for Azerbaijani Gas Imports
Europe's expenditure on Azerbaijani gas imports in April 2023 have reached nearly 490 million euros, Trend learned from Eurostat, the statistical office of …
LNG
Pakistan, Azerbaijan to Ink Lng Import Agreement
Pakistan and Azerbaijan will sign an agreement today on supplies of liquified natural gas (LNG), a source familiar with the matter told Trend.Pakistani Cabinet&…
Natural Gas
Azerbaijan Is One of the Best Places to Produce Renewable Energy
BAKU, Azerbaijan, June 5. Azerbaijan is one of the best places to produce renewable energy, Pattabi Seshadri, Managing Director & Senior Partner, Global Leader …
Oil&Gas Drilling
BP Conducts New Drilling Operation in Azerbaijan for First Time
In 2022, bp spent about $470m in operating expenditure and $1.6bn in capital expenditure on ACG activities, Azernews reports, citing a bp press release.During t…
Hydrogen Project
Masdar Opens Office in Azerbaijan to Support Green Hydrogen Projects
Masdar has opened a new office in Baku, Azerbaijan, to support its green hydrogen and clean energy projects.The office will enable the company to support the co…
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