Oil price goes up, and Brent is at $74.59 a barrel

Prices for oil of benchmark grades are increasing in Thursday's trading.

Oil and condensate production in Azerbaijan reaches 27.6 million tons for Jan-Nov 2023

The oil and condensate production in Azerbaijan totaled 27.6 million tons, and 23.1 million tons were directed for export for Jan-Nov 2023.

Azerbaijan did not import oil from Central Asian countries in August and September

In August, September and October 2023, Azerbaijan did not import a single barrel of oil from Central Asian countries.

Oil continues to fall in price, and Brent is at $73.11 a barrel

Pirces for oil of benchmark grades keep on falling in Wednesday’s trading after a sharp drop in the previous session.

Azerbaijani population spent about AZN 3 bn on gasoline and diesel this year

The amount of revenue from the sale of automobile fuel in the retail chain of Azerbaijan for Jan-Nov 2023 has become known.

Largest thermal power plant in South Caucasus to be put into operation in 2025

Niger plans to start exporting oil next January

In January 2024, Niger expects to start oil supplies via Niger-Benin pipeline.

Oil price goes up, and Brent is at $76.55 a barrel

Prices for oil of benchmark grades are rising in Tuesday's trading.

This year, Azerbaijan's gas export to Europe will reach approx. 12 bcm

Our gas export to Europe was slightly more than 8 billion cubic meters in 2021. This year, it will reach about 12 bcm.

Oil price goes up, and Brent is at $76.35 a barrel

Prices for oil of benchmark grades are increasing in Monday's trading.

Absheron field gas extraction to double in 2024

Gas production at Absheron field in the Azerbaijani sector of the Caspian Sea is projected to reach 1.47 bcm in 2024.

Shah Deniz gas extraction to reach 26.1 bcm in 2024

Gas production at Shah Deniz field (the Azerbaijani sector of the Caspian Sea) is projected at 26.1 bcm in 2024.

Cost of gas in liberated lands under consideration

Forecast: ACG production to decrease in 2014

It is predicted that crude oil production from Azeri-Chirag-Guneshli (ACG) block of fields will reach 125.9 million barrels next year.

Oil price goes up, and Brent is at $75.21 a barrel

Prices for oil of benchmark grades are increasing in Friday’s trading.

Income of Azerbaijani subsidiary of Nobel Energy fall sharply

The revenues of Prokon LLC, a subsidiary of Noble Energy in Azerbaijan, have fallen.

SOFAZ earnings from ACG declined more than by 30%

Oil prices rise after a serious drop, and Brent is at $74.69 a barrel

Prices for oil of benchmark grades are increasing in Thursday’s trading after sharp decline the day before.

Fee for this service in Azerbaijan increased by 7%

SOCAR interested in buying Lukoil's business in Bulgaria

Several structures are interested in purchasing the Bulgarian business of Russian company Lukoil, including the State Oil Company of Azerbaijan (SOCAR)

China commissions 4th generation nuclear power plant

China has commissioned the world's first nuclear power plant of the 4th generation.