Restriction to be imposed on Russian oil

Oil gets cheaper, and Brent is at $95.18 a barrel

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

Who will manage the SOCAR plants?

The Azerbaijan State Oil Company (SOCAR) aims to increase competitiveness in foreign markets.

Serbia plans to purchase gas from Azerbaijan

Serbian President Aleksandar Vucic said that his country is looking for an alternative to Russian fuel.

EU countries could have high energy bills during next few winters

US strategic oil reserves drop sharply

US strategic oil reserves fell by 3.1 million barrels over the week, ABC.AZ reports citing the US Department of Energy.

EU to hold extraordinary meeting of energy ministers

An extraordinary meeting of EU energy ministers will be held.

Oil drops after previous growth, Brent traded at $104.29 per barrel

Benchmark oil prices are declining in trading on Tuesday after sharp rise the day before.

Roadmap for energy cooperation signed between Azerbaijan and Uzbekistan

A meeting was held between Minister of Energy Parviz Shahbazov and a delegation led by Acting Minister, First Deputy Minister of Energy of Uzbekistan Azim Akhmedkhadzhaev.

Electricity prices in Europe break records

The benchmark for the cost of electricity in Germany in 2023 exceeded €1,000 per MWh for the first time.

bp completes program on Shahdeniz field

Iran posts 5-fold increase in oil revenues

Iranian Economy Minister Ehsan Khandouzi said that the country's oil revenues have increased 5 times over the past 5 months.

Oil rises, Brent traded at $101.70 per barrel

Benchmark oil prices are rising in trading on Monday.

Oil rises, Brent traded at $100.03 per barrel

Benchmark oil prices are rising in trading on Friday after declining the day before.

Electricity prices rise in some European countries

In some EU countries, the price for electricity with the condition of delivery on August 26 exceeded 700 euros per 1 MW/h.

Kazakhstan in talks over oil transportation through Azerbaijan

Kazakhstan and Azerbaijan are discussing the possible ways of transporting Kazakh oil.

SOCAR and QazaqGaz to cooperate — Memo signed

SOCAR and QazaqGaz intend to cooperate in the field of hydrocarbon production in Kazakhstan.

Hungary will join implementation of the project for the export of electricity from Azerbaijan through Georgia to Europe

Hungary will buy electricity from Azerbaijan, Hungarian Foreign Minister Peter Szijarto

Gas prices in Asia surge

Oil rises, Brent traded at $101.80 per barrel

Benchmark oil prices are rising in trading on Thursday after growing the day before on data on declining inventories in the US.

France fills gas storage

In France, gas storage facilities are 88% full, and the authorities expect to complete filling the storage facilities by the start of winter, head of the French Committee for Energy Regulation (CRE) Emmanuelle Vargon said this on Wednesday on the air of BFMTV channel,