Energy & Power

Time comes for Azerbaijani gas to lead European energy market

BAKU, Azerbaijan, The need for Azerbaijani gas in Europe, where there is currently an acute energy crisis, is growing rapidly, Trend reports.   As President of Azerbaijan Ilham Aliyev said on November 25 at the international conference under the motto “Along the Middle Corridor: Geopolitics, Security and Economics”, after the outbreak of war between Russia […]


Iranian currency rates for November 27

BAKU, Azerbaijan, The Central Bank of Iran (CBI) announced an official rate of foreign currencies on November 27, Trend reports referring to CBI.   According to the currency exchange rate of the Central Bank of Iran, 22 currencies increased and 12 have decreased in price, compared to November 26.   According to CBI, $1 equals […]


MOL Group boosts capex on dev’t of Azeri-Chirag-Gunashli

BAKU, Azerbaijan, Hungarian MOL Group’s capital expenditure (capex) on development of Azeri-Chirag-Gunashli (ACG) block of oil fields in the Azerbaijani section of the Caspian Sea stood at $38.7 million in the third quarter of 2022, as compared to $37.4 million in the same period in 2021, Trend reports with reference to the company.   As […]


Azerbaijan to expand co-op with Vietnam in oil industry, renewables

BAKU, Azerbaijan, The discussions on the expansion of the cooperation with Vietnamese companies in the fields of oil refining and renewable energy were held during the meeting of Azerbaijan’s Minister of Energy, Parviz Shahbazov, with the delegation led by Deputy Chairman of the Foreign Relations Commission of the Communist Party of Vietnam, Nguyen Thi Hoang […]


Final day of 1st Ojag International Rhythmic Gymnastics Cup held in Baku

BAKU, Azerbaijan, The final day of the 1st International “Ojaq Cup” in Rhythmic Gymnastics is being held at the National Gymnastics Arena in Baku, Trend reports.   Today, within the individual performances program, the competition among gymnasts born in 2010 and in the age category “juniors” will be held.   Among the teams in group […]