BP not to conclude new oil and gas deals with Russia

UK’s multinational oil & gas company British Petroleum (BP) has announced its intention not to conclude new deals for the purchase of oil and gas from Russia

Oil grows in cost, and Brent is above $130 a barrel

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

Fuel prices in Turkey tripled for the last 3 days

Brent crude oil has peaked over the past 8 years, rising to the level of $120 because of the Russian-Ukrainian war.

Growth of gas prices is not expected in Azerbaijan

No increase in gas prices is expected in Azerbaijan.

SOFAZ's income from ACG more than doubled

SOFAZ's income from Shah Deniz field increase more than 64-fold

Cost of oil grows, and Brent is at $112.45 a barrel

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

IEA has developed a plan to lower Europe's reliance on Russian gas

Reducing the reliance on Russian gas will not be easy for the EU

SOCAR Polymer to increase polymer production by 15.5% in 2022

SOCAR Polymer's plants plan to increase production by 15.5% in 2022

SOCAR issues a statement on situation in Ukraine

Oil grows in value, and Brent is at $116.80 a barrel

Prices for oil of benchmark grades keep on rising in Thursday's trading.

ExxonMobil withdraws from project with Russia’s stake

ExxonMobil, the operator of the Sakhalin-1 project, is withdrawing from it, refusing to invest in Russia

Gas price in Europe exceeds $2,220

Natural gas has risen in price on the European market.

Commercial oil reserves in U.S. have lowered

By the end of past week U.S.’ commercial oil reserves decreased by 6,100 barrels to about 409.9 million barrels.

Oil rises in price, and Brent is at $110.07 a barrel

Prices for oil of benchmark grades continue to rise in Wednesday's trading

Oil rises in price, and Brent is at $98.96 a barrel

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

Petkim made a big profit in Turkey – Report for 2021

Petkim, a subsidiary of Turkey's largest industrial holding SOCAR Turkish, has announced the financial indicators for 2021.

BP gets rid of its stake in Rosneft

BP (UK) has announced that it is getting rid of a 19.75% stake in Russian company Rosneft because of the war in Ukraine.

Equinox withdraws from Russian market

Oil gets more expensive, and Brent is at $103.15 a barrel

Prices for benchmark oil are steadily growing in Monday's trading

Oil rises in cost, and Brent is at $101.28 a barrel

Benchmark oil prices are growing in Friday’s trading.