Azerbaijan

Oil&Gas Drilling

SOCAR Enhances Safety Measures Amid Unstable Weather Conditions

Due to the sharp changes in weather conditions, including windy and unstable weather across the country, the "Azneft" Production Association of the State Oil Co…

Oil Price

Azerbaijani Oil Price Exceeds 76$

The price of Azeri Light (CIF) branded Azerbaijani oil has increased in world markets, APA-Economics reports.The price of Azerbaijani oil per barrel increased b…

Oil Price

Azerbaijani Oil Price Once Again Exceeds $75

The price of Azerbaijani crude oil has once again surpassed $75 per barrel.A barrel of Azeri Light crude rose by $1.11, or 1.49%, reaching $75.37 on Wednesday.T…

Natural Gas

Azerbaijan Unveils Latest Data on Its Oil, Gas Output, and Export Volumes for Current Year

Oil-condensate production in Azerbaijan was 26.5 million tons, and the exports were 22.2 million tons, while the gas production and exports amounted to 45.8 bcm…

LNG

Pakistan Opts for Azerbaijani LNG Over Deferred Qatari Shipments

Pakistan LNG Ltd (PLL) held an emergency board meeting on Sunday to review the gas demand and supply situation and will meet again on Monday to finalize the off…

Geothermal Heating Project

SOCAR Green Makes Key Deals for Geothermal Potential Evaluation in Azerbaijan

SOCAR Green, the green energy subsidiary of the State Oil Company of the Azerbaijan Republic (SOCAR), has signed two key deals along the sidelines of the COP29 …

COP29

COP29 Deal ‘Kicking Can Down Road’

Image: SXCThere has been mixed industry reaction to the deal thrashed out at the UN climate summit COP29 in Azerbaijan, with talks that ran 33 hours late coming…

COP29

COP29 in Baku: A Landmark Event for the Global Nuclear Industry

As COP29 in Baku draws to a close, our Director General, Dr Sama Bilbao y León, reflects on what has been a fabulous conference for the global nuclear industry…

COP29

COP29 Ends With Contentious Outcome

COP29 President Mukhtar Babayev walks during a closing plenary meeting at the COP29 United Nations Climate Change Conference, in Baku, Azerbaijan, Nov 24, 2024.…

COP29

Support for Afghanistan Sought at COP29

A view shows a sign of the COP29 United Nations Climate Change Conference with a backdrop of the cityscape in Baku, Azerbaijan, Oct 31, 2024. [Photo/Agencies]Th…

COP29

COP29 Climate Financing Negotiations in Stalemate

The COP29 United Nations climate change conference went into a stalemate on Friday, its scheduled conclusion date, with key concerns from developing countries l…

COP29

COP29: Nations Struggle With Fossil Fuel Transition Agreement as Saudi Arabia Poses ‘Wrecking Ball’

People visit the Saudi Arabia pavilion on day eight at the UNFCCC COP29 Climate Conference in Baku, Azerbaijan on Nov. 19, 2024. Sean Gallup / Getty ImagesCOP29…

Solar Power Plant

Azerbaijan Awards 100 MW of Solar With Lowest Bid of $0.0354/kWh

China’s Universal International Holding Ltd. has secured a contract to build 100 MW of solar in eastern Azerbaijan, after submitting the lowest bid of $0.…

Nuclear Reactor

USA And UK Sign New Gen Iv Nuclear Collaboration Agreement

UK Energy Secretary Ed Miliband and US Deputy Secretary of Energy David Turk signed the agreement at COP29in Baku, Azerbaijan. The UK said the aim was to "suppo…

COP29

Collective Action on Climate Finance Urged

COP29 President Mukhtar Babayev, Executive Secretary of UNFCCC Simon Stiell and Nabeel Munir, Chair of the UNFCCC's Subsidiary Body for Implementation (SBI)…