Chinese Firm Eyes Building 200 MW Offshore Wind Project in Azerbaijan
Wedoany.com Report-Jun 5, Azerbaijan’s Ministry of Energy and China Energy Engineering Corporation (CEEC) have signed an agreement to advance collaboration on renewable energy and energy systems...
Azerbaijan and China to Jointly Develop Offshore Wind Project in Caspian Sea
Wedoany.com Report-May 4, 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 Memorandum of Unders...
Azerbaijan Inks Three Solar Agreements With Chinese Companies
Wedoany.com Report-May 2, Azerbaijan’s Ministry of Energy has finalized three investment agreements involving Chinese companies to develop solar energy projects, enhancing the country’s re...
ADB Approves Allocation of Funds for Azerbaijan Railway Company Decarbonization Project
Wedoany.com Report-Apr. 26, The Asian Development Bank (ADB) has approved funding for the Azerbaijan Railway Company Decarbonization Project. The initiative will receive $250,000 from the Technical As...
Azerbaijan, Chinese Businesses Set to Build Wind Power Plant in Caspian Sea
Wedoany.com Report-Apr. 23, A Memorandum of Understanding has been signed between Azerbaijan’s Ministry of Energy, SOCAR Green LLC, China Datang Overseas Investment Co. Ltd., and PowerChina Reso...
SOCAR Green Identifying Innovative Solutions to Reduce Carbon Emissions Across Azerbaijan
Wedoany.com Report-Apr. 19, SOCAR Green, established in 2024, is working diligently to advance Azerbaijan’s energy transition through innovative technologies. The company is exploring carbon cap...
Azerbaijani Oil Moves up in Price
Wedoany.com Report-Apr. 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 increase, reaching $69.34 per ...
Azerbaijan Enhances Power Infrastructure in Kalbajar With New Transformer Station
Wedoany.com Report-Apr. 10, 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 development als...
Azerbaijani Oil Decreases in Price
Wedoany.com Report-Apr. 8, On April 7, the price of Azerbaijan’s Azeri Light crude oil dropped by $1.5 (2.15%) on a CIF basis at the Italian port of Augusta, reaching $68.14 per barrel, accordin...
BP Rakes in $1 Billion From Sale of Partial Stake in Pipeline Carrying Gas From Field off Azerbaijan
Wedoany.com Report-Mar 29, UK-headquartered energy giant BP has struck a deal with Apollo-managed funds to divest a minor non-controlling stake in BP Pipelines (TANAP), the firm’s subsidiary tha...