Azerbaijan’s oil output rises to 448,000 barrels per day in September
Azerbaijan's oil production averaged 448,000 barrels per day in September, up 1.36% from August's 442,000 bpd, according to OPEC's latest Oil Market Report....
Category : Energy
Azerbaijan to cut power grid connection steps from 7 to 2
Energy Minister Parviz Shahbazov says Azerbaijan will reduce the number of steps required to connect to the electricity grid from seven to two, cutting the...
Azerbaijan to build 2 gigawatts of renewable power by 2027, minister says
Azerbaijan's Energy Minister Parviz Shahbazov says the country plans to commission 11 solar and wind power plants with a combined capacity of roughly 2 gigawatts...
Azerbaijan’s oil and gas investment up 30.8% in nine months
Azerbaijan channelled 14 billion 688.6 million manats into fixed capital in January-September this year, up 10.9% in real terms year-on-year, the State Statistics Committee of...
Gas pipeline explosion sparks huge fire in Russia’s Penza region
An explosion hit the Central Asia-Center gas pipeline near the village of Volchkovo in Russia's Penza region, triggering a fire that reached nearly 70 metres...
Financial Times: Vallourec wins major pipe deal with TotalEnergies for Absheron gas field
The Financial Times reports, citing a statement from France's Vallourec, that the company has secured a large order from TotalEnergies to supply pipe equipment for...
Azerbaijan’s energy regulator logs 4,920 complaints in third quarter
Azerbaijan's Energy Regulatory Agency received 4,920 appeals related to electricity, gas and heating supply in the third quarter of this year, with electricity complaints making...
Russia eases diesel export ban after Putin-Trump deal
Russia has partially lifted its ban on diesel fuel exports, allowing an initial 500,000 tonnes to reach world markets. The move follows agreements reached between...
AIIB approves $45m for Azerbaijan’s first large desalination plant
The Asian Infrastructure Investment Bank's board has approved $45 million in non-sovereign financing for Azerbaijan's first large-scale seawater desalination plant, to be built in Sumgayit....
Fuad Imanov named deputy general director at ETTC
Fuad Imanov has been appointed deputy general director of Eurasia Transport and Terminals Company (ETTC) LLC, part of the SOCAR Group. He took up the...