President: Our cooperation with MASDAR to transform Azerbaijan into very important source of green energy exports

President: Our natural gas exports grow

Ilham Aliyev: Azerbaijan exports petrochemical products and electricity

SOCAR and Masdar sign a new agreement

SOCAR and Masdar have signed agreements on joint development of renewable energy sources

Oil gets cheaper, and Brent is at $84.65 a barrel

Prices for oil of benchmark grades are declining in Monday’s trading after rising more than by 8% at the end of last week.

Azerbaijan exported 26.3 million tons of oil last year

Azerbaijan directed 26.3 million tons of oil (together with condensate) for export in 2022.

20.4 million tons of ACG oil produced in 2022

To date, 203.4 bn bn cu m of gas have been produced from Azeri-Chirag-Guneshli, and about 182.8 bn cu m from Shah Deniz.

Azerbaijan extracted 46.7 bn cu m of gas in 2022

Azerbaijan produced 46.7 bn cu m of natural gas last year.

Oil gets more expensive

Prices for oil of benchmark grades moved to a rise at the auction on Friday, ending the week with growth.

Gas in Europe grew in price more than by 4%

Today, the exchange prices for gas in Europe at the beginning of trading increased more than by 4%.

Cost of oil drops, and Brent is at $83.62 a barrel

Prices for oil of benchmark grades are declining in Friday’s trading, but end the week with an increase.

Cost of oil grows, and Brent is at $82.83 a barrel

Prices for oil of benchmark grades are increasing in Thursday’s trading after steady rise in the previous session.

New head appointed at Socar Rus

EIA unveils forecast on oil production in Azerbaijan

Gas supplies to Italy via TAP pipeline announced

Revenue from ACG profit oil sale grew by 65.7%

Oil gets cheaper, and Brent is at $79.35 a barrel

Prices for oil of benchmark grades are declining in Wednesday’s trading amid the data about the record increase in stocks in the U.S.

Russian oil was sold twice as cheap

Oil from Russia is sold at half of world prices and much lower than the limit that was introduced by the G7 countries.

Oil gets cheaper, and Brent is at $79.18 a barrel

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

QatarEnergy and Chevron sign a $6 bn agreement

Oil price rises, and Brent is at $79.47 a barrel

Prices for oil of benchmark grades are increasing in Monday’s trading after decline of over 8% at the end of last week.