Oil gets more expensive, and Brent is at $104.49 a barrel

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

Gas price in Europe on stock exchange exceeds $2,000 per 1,000 cu m

The price of gas in Europe during trading on the stock exchange on Tuesday rose above $2,000 per 1,000 cu m for the first time since the beginning of March against the background of the situation around the Nord Stream.

New BP Vice President for Azerbaijan appointed

BP's Vice President for Financial Affairs in Azerbaijan, Georgia & Turkey has been replaced.

Oil rises in value, and Brent is at $106.44 a barrel

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

Are gas supplies from Azerbaijan to Turkey being stopped?

In August, Azerbaijani gas supplies via the South Caucasus pipeline (Baku-Tbilisi-Erzurum) to Turkey will be temporarily suspended due to the maintenance of the pipeline.

Oil grows in cost, and Brent is at $102.32 a barrel

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

Commission on Renewable Energy Sources expanded

President Ilham Aliyev has amended the December 5, 2019 Decree on the measures on pilot projects in the field of renewable energy sources.

Last month, producer price index for oil & gas industry made up 107.5%

This June, compared with May, the producer price index for oil & gas industry products reached 107.5%.

Oil gets more expensive, and Brent is at $104.87 a barrel

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

Azerbaijani plant’s export reached $70 million

SOCAR Methanol LLC produced 271,200 tons of methanol in the 1st half of 2022 (2.8-fold more versus 1st half of 2021), ABC.AZ reports with reference to the State Statistics Committee.

SOCAR president appointed

Rovshan Chingiz oglu Najaf has been dismissed from the post of first vice-president of the State Oil Company of Azerbaijan.

Russia resumes gas supplies to Germany

Gas supplies via the Nord Stream resumed on Thursday morning.

Oil falls in cost, and Brent is at $106.05 a barrel

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

SOFAZ's revenues from two fields made public

The earnings on Azeri-Chirag-Guneshli and Shah Deniz as of 1 July 2022 have been announced

Production of diesel generators starts in Azerbaijan first time

Group of Companies STP organized today a production tour for media representatives.

An Azerbaijani company starts exporting lubricating oils to Europe

Czech Republic is interested in Azerbaijani gas

The Czech Republic is interested in getting access to gas from such a reliable partner as Azerbaijan.

Oil gets cheaper after rise the day before, and Brent is at $105.86 a barrel

Prices for oil of benchmark grades are falling in Tuesday’s trading after rising more than by 5% the day before.

Azerbaijan increased its gas export revenue 4.7-fold for past half-year

Azerbaijan exported oil & gas sector products for $17.2 million in the 1st half of 2022

Oil grows in price, and Brent is at $101.90 a barrel

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

Azerbaijani oil drops in value by $2.2