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.

Price index in oil & gas industry increased by 85%

Gas price in Europe has decreased

During today's trading the price of gas in Europe was set at $320 per 1,000 cu m.

Oil price grows, and Brent is at $76.18 a barrel

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

Average selling price of natural gas in Europe and U.S. to decrease

The average selling price of natural gas in Europe and the U.S. has been announced.

Cost of oil goes down, and Brent is at $74.89 a barrel

Prices for oil of benchmark grades are declining in Monday’s trading after rising last week.

Over 9.8 million tons of oil transported via BTC

The main oil pipelines in Azerbaijan carried 12.8 million tons of oil for Jan-Apr 2023.

Azerbaijan cuts crude oil production with condensate by 8% year-on-year

The State Statistics Committee reported an increase in commercial gas production for Jan-Apr.

Azerbaijani gas production has grown slightly - Report

Commercial gas production for Jan-Apr 2023 grew by 1.9% against Jan-Apr 2022.