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  • Fuel and Energy
  • item

    Azerbaijan’s gas exports grew by 40% for 2021

    Azerbaijan’s gas sales abroad totaled 18.9 bn cu m in 2021 (39.8% more against 2020)

    15 February - 12:36

  • item

    Forecast: U.S. to increase oil production in March

    According to forecasts of the U.S. Department of Energy, this March, oil production will increase in the key manufacturing sectors of the country

    15 February - 11:09

  • item

    Oil declines in value, and Brent is at $95.77 a barrel

    Prices for oil of standard grades are falling in Tuesday’s trading after the rise following the previous session.

    15 February - 09:30

  • item

    Reason for sharp increase in revenues from ACG and Shah Deniz unveiled

    The January increase in revenues of the State Oil Fund of Azerbaijan from the Azeri-Chirag-Guneshli block of fields and the Shah Deniz gas condensate field was due to growth in the state's share of profit oil, the sale price of profit condensate, and high European spot gas prices.

    14 February - 11:52

  • item

    President and first lady took part in opening of new substations in Agdam district

    President Ilham Aliyev and First Lady Mehriban Aliyeva made a trip to Aghdam district on 13 February.

    14 February - 11:18

  • item

    Cost of oil grows, and Brent is at $95.71 a barrel

    Prices for oil of standard grades are rising in Monday’s trading after a sharp jump at the end of last week.

    14 February - 09:35

  • item

    President: Electricity to be exported via Zangezur corridor to Nakhchivan and from there to foreign markets

    The construction of a new line through the Zangezur corridor from Azerbaijan to the Nakhchivan Autonomous Republic, and from there to Turkey and Iran is already in our plans.

    11 February - 15:52

  • item

    Ilham Aliyev: Azerbaijan's economy grew almost by 6% for January

    Our economy grew more than by 5% and industrial production in the non-oil sector almost by 20% for 2021.

    11 February - 15:29

  • item

    President: We’ve become a very serious exporter of electricity

    11 February - 15:24

  • item

    Ilham Aliyev: Construction of giant energy facilities testifies of our great capabilities

    11 February - 15:13

  • item

    President Ilham Aliyev attended inauguration of ‘Gobu’ Energy Junction

    11 February - 15:03

  • item

    Oil gets cheaper, and Brent is at $91.02 a barrel

    Prices for oil of standard grades are falling in Friday’s trading.

    11 February - 09:20

  • item

    BP spent over $2.2 million on social investment projects in Azerbaijan

    10 February - 17:19

  • item

    President signs a decree on changes in SOCAR structure

    President Ilham Aliyev has signed the decree on the amendments to the Presidential Decree #844 from 24 January 2003 "On improvement of the structure of the State Oil Company of Azerbaijan"

    10 February - 17:18

  • item

    Gas extraction from Shah Deniz increased in 2021

    In 2021, operating expenses on Shah Deniz exceeded $2 bn and capital expenditures amounted to approximately $680 million.

    10 February - 16:54

  • item

    Data published on Shah Deniz gas delivery sent daily on average from Sangachal Terminal

    10 February - 16:24

  • item

    Rovshan Najaf appointed First Vice President of SOCAR

    President Ilham Aliyev has signed an order on the appointment of Rovshan Najaf as the First Vice President of the State Oil Company of Azerbaijan (SOCAR).

    10 February - 16:12

  • item

    Data unveiled on gas delivered on average through installation on Neft Dashlari

    10 February - 16:04

  • item

    Rovnag Abdullayev dismissed from post of SOCAR president

    10 February - 15:52

  • item

    Azeri-Chirag-Guneshli production for 2021 published

    bp has published a report on its activities in Azerbaijan.

    10 February - 15:47

  • item

    bp spent $1.7 bn on ACG

    The division of UK company bp in Azerbaijan has published a report on the results of 2021.

    10 February - 15:27

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