Will OPEC+ cut daily production?

The next meeting of OPEC+ countries will be held in Vienna on 5 October.

Ilham Aliyev: IGB project has historical significance

Interconnector Greece-Bulgaria has historical significance.

President: Today, Azerbaijan becomes reliable supplier of gas to Europe

Ilham Aliyev: We plan to double our gas supply to Europe

In compliance with the Memorandum of Understanding with the European Commission in the sphere of energy sector, we are planning to increase, to double our supply of natural gas to Europe, at least to double.

Oil gets more expensive, and Brent is at $87.23 a barrel

Prices for oil of benchmark grades are rising in Monday’s trading after falling at the end of September and the 3rd quarter.

Sanctions imposed on 10 more Iranian companies

Cost of oil falls, and Brent is at $87.89 a barrel

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

EU countries that called for ‘ceiling’ on prices for imported gas

A group of 13 EU countries, in a letter addressed to the EU leadership, called for the introduction of price ceiling for any imported gas.

Oil declines in price, and Brent is at $85.10 a barrel

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

Energy crisis in Italy deepens

The energy inflation in Italy for August made up 76.4%.

This country opposes rise in oil prices

The Iraqi authorities do not want a sharp rise in oil prices.

Oil gets more expensive, and Brent is at $84.72 a barrel

Prices for oil of benchmark grades are increasing in Tuesday&rsquo;s trading after falling the day before.</p>

Oil price keeps on falling, and Brent is at $84.72 per barrel

Prices for oil of benchmark grades continued declining in Monday&#39;s trading after falling to January lows at the end of last week.

Oil gets cheaper, and Brent is at $90.23 a barrel

Prices for oil of benchmark grade are declining in Friday&rsquo;s trading.

Energy Minister: We plan export of over 1 bn cu m of gas to Greece this year

SOCAR studies business expansion opportunities in Romania

The State Oil Company of Azerbaijan (SOCAR) is considering various opportunities to expand its business in Romania, where it has good business relations and market positions.

Ilham Aliyev attended foundation stone laying for ‘Lachin’ substation

President Ilham Aliyev has attended the groundbreaking ceremony for the 110/35/10 kV ‘Lachin’ Junction Substation to be built by AzerEnergy OJSC in the city of Lachin.

Cost of oil grows, and Brent is at $90.21 a barrel

Prices for oil of benchmark grades are rising in Thursday&#39;s trading.

A new modular gas station put into operation in Hadrut

SOCAR Petroleum CJSC on Wednesday commissioned a modular type filling station (gas station) in the Karabakh Economic Region.

EU makes concessions on issue of Russian coal

The EU has allowed European companies to participate and supply Russian coal to third countries, including through the EU.

Oil price recovers weakly, and Brent is at $90.84 a barrel

Prices for oil of benchmark grades are increasing weakly at Wednesday&#39;s auction after falling to two-week lows the day before.