Oil keeps on falling in cost, and Brent is at $74.25 a barrel

Oil prices continue decline in Thursday’s trading after their fall the day before

Oil gets cheaper, and Brent is at $76.20 a barrel

Prices for oil of standard grades are falling in Wednesday’s trading after their rise the day before

SOCAR to perform drilling operations abroad

Azerigaz’s head to call gas consumers

Azerigaz’s general director Ruslan Aliyev will establish a telephone connection with citizens who apply to him via Facebook

Oil gets more expensive, and Brent is at $75.51 a barrel

Oil prices are growing in Tuesday’s trading after decline in the previous session

Presidential Decree on the Tariff Council

Electricity generated by renewable energy sources, with the exception of guaranteed tariffs, will be sold at wholesale prices (tariffs) established by the Tariff Council.

A new info system on renewable energy to be created

An information system on renewable energy sources will be created.

SOCAR New Energy has signed new contracts

SOCAR to give a credit to Pakistan

SOCAR had offered two credit lines of over $220 million for oil and gas supplies to Pakistan

Azerbaijan's oil reserves unveiled

By the end of 2020, the approved volume of Azerbaijan's oil reserves amounted to 7 billion barrels or 1 billion tons.

Azerbaijan may start supplying gas to Romania next year

Until July 2022 Azerbaijani natural gas will be supplied to Romania via the Bulgaria-Greece interconnector

Oil prices decline, and Brent is at $75.37 a barrel

Oil is getting cheaper in Monday’s auction after a rise in the previous session

BP: Azerbaijan's confirmed gas reserves total 2.5 trillion cu m

British company BP did not change its estimates on the confirmed gas reserves in Azerbaijan

Russia increased oil exports

Russian oil exports in value terms for Jan-May 2021 amounted to $36.26 billion (a rise of 7.1% versus Jan-May 2020)

MPs discuss matter of installation of smart meters at houses

At today’s Milli Majlis meeting the parliamentarians discussed a number of issues and the nuances related to energy suppliers were touched upon

Oil rises in cost after data about stocks in U.S., and Brent is at $74.44 a barrel

Prices for oil of standard grades are growing after the publication of weekly data about fuel reserves in the U.S.

Oil gets cheaper, and Brent is at $73.23 a barrel

Prices for oil of standard grades keep on declining in Thursday’s trading after significant drop the day before

Average price of Azeri Light oil in 1st half of 2021 was $65.43 a barrel

The average price of Azerbaijan’s oil grade Azeri Light on CIF delivery terms in the 1st half of 2021 was $65.43 per barrel

Talks are underway with Turkish companies about cooperation in field of renewable energy

Energy Minister Parviz Shahbazov and Turkish Minister of Energy & Natural Resources Fatih Donmez held an online meeting to discuss energy issues reflected in the documents signed by the two countries recently.

Oil gets more expensive, and Brent is at $74.66 a barrel

Prices for oil of standard grades are rising in Wednesday’s trading after falling the day before

Marathon Petroleum Corporation suffered big loss - about $10 bn

American Marathon Petroleum Corporation suffered serious financial losses in 2020