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Azerbaijan
Oil & Gas
Azerbaijani Oil Prices Increase
The price of Azeri LT CIF Augusta grew by $0.12 on December 23 compared to the previous price, amounting to $87.34 per barrel, Trend reports referring to the so
Oil & Gas
Azerbaijan Needs Investment in Order to Boost European Gas Flows
Azerbaijan will need investment and long-term purchase commitments if it is to double its natural gas supply to the European Union.
Oil & Gas
The Burgeoning Energy Partnership Between Azerbaijan and the EU
As the European Union continues to pursue new sources of energy to replace Russian oil and gas, it is expanding its energy partnership with Azerbaijan.
Solar
ADB, Masdar to Build 230MW Solar Power Plant in Azerbaijan
The loan financing the project is worth $21.4m.
Hydrogen
UAE’s Masdar to Develop 4 GW of Renewable and Green Hydrogen Projects in Azerbaijan
The UAE's Masdar said June 5 that it has signed two agreements to develop 4 GW of renewables projects in Azerbaijan.
Solar
Masdar Breaks Ground for 230MW Solar Project in Azerbaijan
United Arab Emirates-based energy firm Masdar held a groundbreaking ceremony for the construction of the 230-megawatt (MW) solar plant project in Azerbaijan.
Solar
Masdar Starts Building 230-MW Solar Farm in Azerbaijan
Abu Dhabi Future Energy Company PJSC (Masdar) announced that it has launched the construction of the 230-MW Garadagh solar farm in Azerbaijan, and signed new ag
Oil & Gas
National Daily Oil Output Totals 684,100 Barrels
Azerbaijan's daily oil production, including condensate, amounted to 684,100 barrels in February 2022, the Energy Ministry has reported.
Oil & Gas
Gas Production in Azerbaijan Increased by 12.9%
According to the operative data, Azerbaijan produced 2.9 million tons of oil (including condensate) in January 2022, the Ministry of Energy told AZERTAC.
Oil & Gas
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
Wind Power
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 & Gas
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.
Wind Power
World Bank, Azerbaijan form Offshore Wind Team
MoU will assess the country's potential and develop a sector roadmap
Solar
Masdar Signs Deal to Develop $200m Solar Project in Azerbaijan
The plant is expected to start commercial operation in early 2023
Policy & Regulation
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
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Azerbaijan to Commission Floating Photovoltaic Plant at Boyukshor Lake up to COP29
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BP Starts Oil Production at New Offshore Platform in Azerbaijan
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Azerbaijani Oil and Gas Sector Invested $0.8 BN in First Q
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ADB, Masdar to Build 230MW Solar Power Plant in Azerbaijan
