Ukraine refuses to extend Russian gas transit agreement beyond 2024

Oil prices slide as Brent dips below $80 per barrel

Prices for benchmark crude oil grades are falling in Wednesday trading following a decline the previous day.

SOCAR and Tatneft explore joint venture for lubricant production

The State Oil Company of Azerbaijan (SOCAR) and Russia's PJSC Tatneft are discussing the possibility of establishing a joint venture for the production of lubricants.

Oil prices dip as Brent crude hovers at $81.33 per barrel

Prices of benchmark oil grades are declining in trading on Tuesday after a jump of more than 3% in the previous session.

BTC pipeline achieves record-breaking oil transportation in July

The Baku-Tbilisi-Ceyhan (BTC) pipeline transported a record-breaking 2.7 million tons of oil in July 2024, surpassing its usual monthly average of 2.5 million tons

Azerbaijan imports $2.6M worth of electricity from Georgia in 2023

Pakistan and Russia explore long-term LNG supply deal

Pakistan has expressed satisfaction with the ongoing energy discussions with Russia, as the two countries explore the possibility of a long-term agreement for the supply of liquefied natural gas (LNG).

Oil prices bounce back, Brent reaches $79.43 per barrel

Prices for benchmark oil grades are increasing in Monday trading after declining last week.

UK households brace for 10% surge in energy bills

Saudi Arabia's oil export revenues fall to 3-year low

Saudi Arabia's revenues from oil exports have fallen to the lowest level in three years due to declining prices and the kingdom's decision to cut production.

Kenya aims to build nuclear power plant by 2034

Kenya aims to build its first nuclear power plant by 2034, a government minister said on Thursday, as the country prepares to host a US-Africa summit on nuclear energy.

Oil prices edge higher, Brent reaches $77.28 per barrel

Prices for benchmark oil grades are experiencing a slight increase during Friday's trading session, following a rise at the end of the previous session.

Türkiye breaks record for daily oil and gas production

Türkiye has broken new records for daily oil and gas production, according to country's Minister of Energy, Alparslan Bayraktar.

Norway to increase investments in oil and gas exploration

The Norwegian Offshore Directorate (NOD) intends to boost investments in oil and gas exploration to prevent a decline in the production of these energy resources, according to a press release from the organization.

Saudi Arabia's oil export revenues fall to three-year low

Saudi Arabia's revenues from oil exports have fallen to a three-year low.

Oil prices continue to plummet: Brent crude reaches $76.03 per barrel

Prices for benchmark crude oil grades are falling in Thursday's trading session after hitting their lowest levels since January in the previous session.

SOCAR expands co-op with Vietnamese energy companies

Natural gas prices drop at NYMEX

Price of Azerbaijani oil declined

Oil prices drop in world markets

Losses in main gas pipelines in Azerbaijan decreased sharply

From January to June of this year, Azerbaijan has seen a loss of 23.8 million cubic meters in oil pipelines, which is 37.4% less in annual comparison