202 bcm extracted from Shah Deniz field

The Shah Deniz field, located in the Azerbaijani sector of the Caspian Sea, has produced 202 bcm of gas to date.

State Budget oil & gas revenues to make up 49.6% in 2024

Natural gas in Europe fell by 5%

During today's auctions, the price of 1,000 cu m of gas in Europe fell below $400.

High-voltage power line to be laid between Azerbaijan and Türkiye

A high-voltage power transmission line between Azerbaijan and Türkiye will be designed this year.

President Ilham Aliyev received Chair of bp Board

President Ilham Aliyev has received Chair of the Board of bp Helge Lund.

Daily production of crude oil for August reaches 498,000 barrels

This August, daily oil production (together with condensate) amounted to 620,000 barrels.

Growth is observed on shortage of diesel fuel in world

The world's diesel fuel producers are no longer able to produce it in the quantity that is needed to satisfy the needs of all consumers

Oil price rises, and Brent is at $94.93 a barrel

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

Azerbaijan imported 43,740 tons of Premium Euro-95

Crude oil transportation from Azerbaijan to Tunisia resumes

In 2023, Tunisia resumed importing crude oil from Azerbaijan.

Procedure for determining prices in energy sector unveiled

Prices (tariffs) for goods, works and services of subjects of natural monopolies are determined in accordance with the Law on Natural Monopolies.

Meters for household consumers to be installed at expense of system operator

Meters for household consumers will be installed at the expense of the system operator.

Oil keeps on rising price, an Brent is at $94.58 a barrel

Prices for oil of benchmark grades continue growing in Monday’s after steady rise following the past week.

Azerbaijan adopts new state standard for gas installations

Electricity production in Azerbaijan increased by 154.2 million kWh

Oil price keeps on growing, and Brent is at $94.42 a barrel

Prices for oil of benchmark grades are increasing in Friday’s trading after rising at the end of the previous session.

Appointment in management at SOCAR Turkiye

The appointment has been made to the position of head of the Refining & Petrochemistry Department of SOCAR subsidiary SOCAR Turkiye Company and CEO of Petkim Petrokimya Holding.

Production of gasoline and diesel fuel in Azerbaijan grew more than by 20%

The manufacture of petroleum products in Azerbaijan increased in monetary terms by 13% to AZN 2.97 bn for Jan-Aug 2023 compared with Jan-Aug 2022.

Oil price goes up, and Brent is at $92.37 a barrel

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

BP to increase associated gas supplies to Azerbaijan for this reason

This oil platform to be controlled remotely