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Official website of the Ministry of Energy of the Republic of Azerbaijan www.minenergy.gov.az has been put into use with a new design. In addition to the design, the updated site has been improved in terms of content compared to the previous version, designed in compliance with modern requirements, the accessibility, functionality of sections and services has been improved and enriched with new information.

The agreement, reached the 10th meeting of "OPEC plus" ministers, is historic for oil producers, consumers, and the global economy in general. For the first time ever, a two-year decision with significant production cuts was reached in this format, which met global support. These steps taken within "OPEC plus" support the oil market in several directions. First of all, all the obstacles to the implementation of the decision on production cuts will be removed on 1 May. Secondly, the importance of this decision is not limited by the 9.7 million barrels per day production cut