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  • Fuel and Energy
  • item

    Oil price gets cheaper, and Brent is at $96.19 a barrel

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

    28 October - 09:20

  • item

    SOCAR may participate in Vostok Oil Project

    Azerbaijan's state oil company SOCAR will consider Rosneft's proposal to participate in project Vostok Oil

    27 October - 16:06

  • item

    SOCAR president: Joint exploration of Dostlug field opens up new opportunities

    The Memorandum of Understanding on joint exploration, development and development of hydrocarbon resources of the Dostlug field opens up new opportunities for Azerbaijan and Turkmenistan for fruitful cooperation in the oil and gas sector.

    27 October - 12:54

  • item

    U.S. revises price limit for Russian oil

    27 October - 11:42

  • item

    Europe reduced its dependence on Russian gas from 40% to 7%

    The EU has lowered its dependence on Russian gas supplies from 40% to 7% of all imports.

    27 October - 11:41

  • item

    Cost of oil grows, and Brent is at $95.89 a barrel

    Prices for oil of benchmark grades keep on to rising in Thursday's trading after a jump in the previous auction.

    27 October - 09:25

  • item

    SOFAZ received income of $7.528 bn from ACG field for Jan-Sept

    Over the past 9 months SOFAZ revenues from the sale of Azerbaijan’s profit oil from the ACG block amounted to $7.528 bn.

    26 October - 17:40

  • item

    Crude oil and petroleum product export for Jan-Sept

    26 October - 12:27

  • item

    Petroleum product export observed decline

    26 October - 12:25

  • item

    Oil price falls, and Brent is at $92.72 a barrel

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

    26 October - 09:30

  • item

    Gas exports to Georgia grew by 56.8%

    In the 3rd quarter of this year, the volume of Azerbaijan’s natural gas exports increased by 16% up to 5.2 bn cu m.

    25 October - 15:53

  • item

    Annual tariff fees of $14 million to be charged for oil exported via this pipeline

    25 October - 12:52

  • item

    Oil gets cheaper, and Brent is at $92.69 a barrel

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

    25 October - 12:50

  • item

    Azerbaijan exported propylene copolymers for $32 million

    25 October - 12:50

  • item

    SOCAR increases volume of exported oil by 7.4%

    SOCAR's export performance in the 3rd quarter of this year is also satisfactory.

    25 October - 12:34

  • item

    SOCAR gas extraction grew by 1.3%

    In the 3rd quarter of this year SOCAR carried out more than 18,000 m of drilling operations.

    25 October - 12:13

  • item

    Countries where Azerbaijan exported most of all petroleum products

    25 October - 12:12

  • item

    Government looks for a loan to upgrade power plant in Mingachevir

    24 October - 17:35

  • item

    Azerbaijan wants to resume operation of Baku-Supsa oil pipeline

    We also want to use the Baku-Supsa oil pipeline, which is currently not in operation.

    24 October - 17:16

  • item

    China increased oil imports from Russia by 8.8% for Jan-Sept

    Russian oil supplies to China grew by about 8.8% year-on-year up to 64.25 million tons for Jan-Sept 2022.

    24 October - 11:59

  • item

    Oil gets cheaper, and Brent is at $92.55 a barrel

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

    24 October - 09:51

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