Energy

Ilham Aliyev: Azerbaijan transforms oil into development

Ilham Aliyev: Azerbaijan transforms oil into development

Azerbaijan managed to avoid the oil curse and transformed oil into development, President of Azerbaijan Ilham Aliyev told the Euronews TV channel. He emphasized that the republic’s authorities reduced poverty and improved the …

Baku and Tbilisi to strengthen energy cooperation

Baku and Tbilisi to strengthen energy cooperation

The Azerbaijan Energy Regulatory Agency and the National Commission of Georgia for the Regulation of Energy and Water Supply have agreed to share experience in energy issues. The agreement was reflected in a memorandum of understanding …

Azerbaijan to tame sun

Azerbaijan to tame sun

Azerbaijan will build two solar power plants by the end of 2024, Azerbaijani Energy Minister Parviz Shahbazov wrote on X. Such an agreement was reached following the visit of the United Arab Emirates President to Baku and the signing of …

Azerbaijan and UAE to strengthen energy partnership

Azerbaijan and UAE to strengthen energy partnership

Azerbaijan and the United Arab Emirates (UAE) have signed four documents on cooperation in the field of energy. Memorandum of Understanding on Investment Cooperation on Electricity Transmission Projects between the …

Iran and Turkmenistan to expand energy sector cooperation

Iran and Turkmenistan to expand energy sector cooperation

President of Turkmenistan Serdar Berdimuhamedov and Iranian Ambassador to Ashgabat Ali Mojtaba Roozbahani during their talks confirmed readiness to deepen constructive ties in the fuel and energy sector. During the meeting, the parties …

Russia and Iran eye exchanging electricity through Azerbaijan

Russia and Iran eye exchanging electricity through Azerbaijan

Iran and Russia will exchange electricity through Azerbaijan, Iranian Energy Minister Ali Akbar Mehrabian said. According to Mehrabian, in order to exchange electricity with Russia, we have followed the two routes of Azerbaijan and …

Russia-China trade may exceed $200 bln

Russia-China trade may exceed $200 bln

The bilateral trade turnover between Russia and China may exceed the benchmark of $200 billion this year, Russian Prime Minister Mikhail Mishustin said on Wednesday during talks with premier of the State Council of China Li Qiang. …

Russia and Iran considering setting up energy consortium

Russia and Iran considering setting up energy consortium

Russia and Iran are considering a proposal to set up an energy ‎consortium comprising the two countries’ companies to improve production from ‎their oil and gas resources, the Iranian oil minister’s special adviser and …

Lukoil to develop green energy in Stavropol Territory

Lukoil to develop green energy in Stavropol Territory

Lukoil will build a solar power plant together with a wind power plant in the Stavropol Territory. In total, they will provide almost 80 MW. Green energy is a promising direction for development in the region.