A new solar power plant commissioned in Sharur

The 3 MW solar power plant was put into operation in Sharur district on 2 June.

SOCAR to start producing gasoline on Euro-5 standards in 2024

Oil price grows, and Brent is at $74.61 a barrel

Prices for oil of benchmark grades are rising in Friday’s trading after growth following the the last trading.

Appointment at oil & gas company GL LTD

Rovshan Najaf: SOCAR has increased investments in oil & gas production lately

First gas to be extracted from Absheron field in coming weeks

In the coming weeks, the first gas will be extracted from the Absheron gas-condensate field in the Azerbaijani sector of the Caspian Sea.

Oil price goes down, and Brent is at $72.97 a barrel

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

Ilham Aliyev: We’ll be able to transport at least 4 gigawatts of green energy to Europe

Southern Gas Corridor is important tool for ensuring energy security

The Southern Gas Corridor is our joint historic achievement in the form of an integrated pipeline system with length of 3,500 km, which is an important tool for ensuring energy security and energy diversification.

President Ilham Aliyev received Assistant US Secretary of State for Energy Resources

President Ilham Aliyev has received Assistant US Secretary of State for Energy Resources Geoffrey Pyatt.

Azerbaijan expects to begin gas supplies to Hungary and Serbia by end of year

By the end of the year, Azerbaijan will be able to supply gas to Hungary and Serbia, Azerbaijani President Ilham Aliyev said at the official opening ceremony of the 28th International Caspian Oil&Gas Exhibition (Caspian Oil & Gas) within the Baku Energy Week.

Opening of one more exhibition held in Baku – Ilham Aliyev delivered speech at the ceremony

Oil price goes down, and Brent is at $73.54 a barrel

Prices for oil of benchmark grades keep on falling at Wednesday's auction after a sharp drop the day before.

Motor gasoline production in Azerbaijan grew more than by 31%

Production of this oil in Azerbaijan has exceeded 7%

Azerbaijan produced 179,500 tons of white oil for Jan-Apr 2023.

Oil gets cheaper, and Brent is at $76.45 a barrel

Prices for oil of benchmark grades are declining in Tuesday’s trading.

Cost of oil declines, and Brent is at $76 a barrel

Prices for oil of benchmark grades are falling in Friday’s trading after a serious drop the day before.

Oil price goes down, and Brent is at $78.22 a barrel

Prices for oil of benchmark grades are declining in Thursday’s trading after rising the day before.

Gazprom's net profit fell by 41.4% in 2022

The net profit of Russian energy company Gazprom fell by 41% compared with 2021 to 1.2 trillion rubles (about $15.3 bn) in 2022.

Will electricity prices increase?

Oil gets more expensive, and Brent is at $77.69 a barrel

Prices for oil of benchmark grades keep on rising in Wednesday’s trading after rising the day before.