Belligerent Russia earned $98 bn in 100 days

During the 100 days of the war, Russia earned $98 bn from the export of hydrocarbons.

Nakhchivan electric grid to be connected to general power system of Azerbaijan

SOCAR is in Top 10 of largest exporting companies in Turkey

SOCAR Türkiye Petrol Tic. AŞ, the daughter of the State Oil Company of Azerbaijan (SOCAR), is among the 10 largest exporting companies of Turkey.

Grain seed processing plants fully ready for season

Oil gets cheaper, and Brent is at $120.10 a barrel

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

Countries to which Azerbaijan sold the largest volumes of gas

For the past 5 months Azerbaijan extracted 19.6 bn cu m of natural gas

Over Jan-May 2022, Azerbaijan produced 13.9 million tons of oil

Azerbaijan produced 13.9 million tons of oil (together with condensate) for the past 5 months.

President attends inauguration of a new power substation

President Ilham Aliyev has attended the inauguration of a new 110/35/10 kV power substation and Digital Network General Management Center owned by Azerishig OJSC.

Oil gets cheaper, and Brent is at $122.32 a barrel

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

Oil gets more expensive, and Brent is $123.99 a barrel

Prices for oil of benchmark grades are increasing in Thursday's trading

Oil grows in value, and Brent is at $121.14 a barrel

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

Oil gets more expensive, and Brent is at $120.21 a barrel

Sanctions against Gazprom Germania to bring damage to Germans

Oil gets more expensive, and Brent is at $120.43 a barrel

Prices for oil of benchmark grades are increasing in Monday’s trading after a rise following the past week.

Mikail Jabbarov informs about signing of a memo with Iran

Russia to receive extra $6.4 bn of oil & gas income

The Ministry of Finance of Russia announced that in June it expects additional revenues in the amount of 393 bn rubles (about $6.4 bn) from oil & natural gas exports.

Gas supplies from Azerbaijan and Turkmenistan to Europe discussed

Turkey and the EU discussed gas supplies to Europe from Azerbaijan and Turkmenistan via the Southern Gas Corridor.

Azerbaijan may increase gas exports to Europe

Oil falls in value after its rise the day before, and Brent is at $117.21 a barrel

Prices for oil of benchmark grades are declining in Friday’s trading after growth the day before amid the U.S. Department of Energy’s data on falling inventories.

Peskov: Russia not to sell energy resources at a loss

Russia will not sell energy resources at a loss.

Russian oil production lowered by 1 million b/d