Azerbaijan

Turkey

Terms of electricity transit from Azerbaijan to Turkey through Georgia to come into force in 2027

The terms of transit of electricity from Azerbaijan through Georgia will come into force on January 1, 2027, according to a statement from the Georgian State El…

Georgia

Georgia extends gas supply contract with Azerbaijan for 20 years

Georgia and Azerbaijan have signed a package of agreements in the energy and transport sectors during a meeting between Georgian Prime Minister Irakli Kobakhidz…

Czech Republic

Czech Republic plans to buy up to 2 bcm of gas a year from Azerbaijan

The Czech Republic plans to buy up to 2 billion cubic meters of natural gas from Azerbaijan annually, Supplies could begin in 2028-2029. Czech Industry and Trad…

Serbia

Serbia, Azerbaijan expect to agree on gas power plant project in May

Serbia and Azerbaijan expect to agree upon contract terms for the joint construction of a gas-fired power plant in Serbia's southern city of Nis in early Ma…

Serbia

Serbian gas turbine power plant project with SOCAR's participation will require 600 mcm of gas per year - Serbian energy minister

April 9 , The volume of gas required for the operation of the gas turbine power plant (GTPP) planned for construction in Serbia jointly with the State Oil Compa…

Kazakhstan

Kazakhstan ratifies green energy transmission deal with Azerbaijan, Uzbekistan

April 9 ,The Senate or the upper chamber of Kazakhstan's parliament passed a law ratifying a strategic partnership agreement on the production and transmiss…

United Kingdom

F1 Team Debuts Bio-Based Carbon Fiber on W16 Rear Wheel Shields

In March 2025, the Mercedes-AMG Petronas F1 Team began exploring the use of sustainable carbon fiber composites for its W16 race car. By the end of September 20…

Azerbaijan

Ukraine Has Banned the Import of Livestock Products From Azerbaijan

On September 19, 2025, Ukraine implemented a ban on importing livestock products from Azerbaijan due to concerns over foot-and-mouth disease, as announced by th…

Oil Refinery

SOCAR Agrees to Buy Oil Refiner Italiana Petroli, Sources Say

Italiana Petroli’s founding Brachetti-Peretti family has agreed to sell the oil refiner to the State Oil Company of Azerbaijan (SOCAR), handing the buyer …

Offshore Wind Power

Chinese Firm Eyes Building 200 MW Offshore Wind Project in Azerbaijan

Azerbaijan’s Ministry of Energy and China Energy Engineering Corporation (CEEC) have signed an agreement to advance collaboration on renewable energy and …

Offshore Wind Power

Azerbaijan and China to Jointly Develop Offshore Wind Project in Caspian Sea

The Ministry of Energy of Azerbaijan has entered into two agreements with Chinese companies to advance a 2 GW offshore wind project in the Caspian Sea. A Memora…

Solar project

Azerbaijan Inks Three Solar Agreements With Chinese Companies

Azerbaijan’s Ministry of Energy has finalized three investment agreements involving Chinese companies to develop solar energy projects, enhancing the coun…

Wind Power Project

Azerbaijan, Chinese Businesses Set to Build Wind Power Plant in Caspian Sea

A Memorandum of Understanding has been signed between Azerbaijan’s Ministry of Energy, SOCAR Green LLC, China Datang Overseas Investment Co. Ltd., and Pow…

Oil Price

Azerbaijani Oil Moves up in Price

On April 18, the price of Azerbaijan’s Azeri Light crude oil, delivered on a CIF basis to the Italian port of Augusta, rose by $0.88, a 1.28 percent incre…

Power Construction

Azerbaijan Enhances Power Infrastructure in Kalbajar With New Transformer Station

Azerbaijan’s Kalbajar city will soon see the construction of a transformer station as part of the initial phase of an electricity supply project. This dev…