Oil cheapens, and Brent is at $40.66 a barrel

Oil prices are decreasing in Wednesday`s trading amid concerns about the demand

Generation of wind power reduced

Azerbaijan has reported about the volume of electricity generated at wind farms in August

Oil prices decline, and Brent is at $42.26 a barrel

Oil prices are falling in Tuesday’s trading amid concerns about lower demand because of the renewed increase in the incidence of COVID-19 in the world

Azerigaz: Problems to be resolved immediately in areas with ongoing hostilities

SOCAR plant in Turkey cuts sharply Russian oil purchases

Star Refinery, an oil refining enterprise constructed by SOCAR on Turkish peninsula Aliaga, has sharply reduced purchases of crude Russian Urals this year and is currently looking for better deals.

Oil prices rise, Brent is $42.17 a barrel

Oil prices are growing in Friday`s trading, but are likely to end the week in the red over fears of lower demand as some countries return the restrictive measures

Oil prices decline, and Brent is at $41.45 a barrel

Oil prices are moderately fallig on Thursday after rising the day before amid the data about the reduction in oil reserves in the U.S. for the second week in a row

Oil price goes down amid API data on growth of oil stocks in U.S., and Brent is at $41.40 a barrel

Oil is declining in price in Wednesday`s trading amid the American Petroleum Institute’s data, showing an increase in oil stocks in the U.S. last week

Oil & gas production from Azerbaijan`s largest fields declared

Gas export from Azerbaijan for Jan-Aug exceeds 8 bn cu m

The Ministry of Energy of Azerbaijan has published a report on oil & gas production and export for the first 8 months of 2020

Azerbaijan extracted over 25 bn cu m of gas for Jan-Aug

The Ministry of Energy of Azerbaijan has published a report on oil & gas production and export for 8 months of 2020

Azerbaijan`s oil export has decreased - Report for 8 months

The Ministry of Energy has published a report for the past 8 months of this year

For past 8 months Azerbaijan`s oil production exceeds 23 million tons

Over Jan-Aug 2020 Azerbaijan produced 23.2 million tons of oil

Oil falls in price, and Brent is at $41.32 a barrel

Oil prices are decreasing in Tuesday`s trading after a sharp decline the day before over concerns on the occasion of resumption of oil production in the east of Libya.

Cost of oil Georgia imports from Azerbaijan decreased by 34%

The cost of oil and petroleum products Georgia imported from Azerbaijan for Jan-Aug 2020 declined by 34% or by $23.07 million (versus Jan-Aug 2019) to $44.598 million

Oil drops in price after last week’s rise, and Brent is at $43.03 a barrel

Baku to host Energy Charter Forum – this time in video format

The Baku International Energy Charter forum will be organized within the framework of cooperation with the International Energy Charter and the Ministry of Energy.

Oil price grows, and Brent is at $43.60 a barrel

Benchmark oil prices are increasing in the course of Friday`s trading

14 bn cu m of natural gas extracted from this field

So far, about 176.4 million tons of oil and 14 bn cu m meters of natural gas have been extracted from field Neft Dashalri (Oil Rocks).

Oil prices decline, and Brent is at $41.73 a barrel

Benchmark oil prices are falling in Thursday`s trading after a steady rise following the previous trading results

Oil prices rise amid API data about fall of US inventories, and Brent is at $41.15 a barrel

Oil price is growing in Wednesday`s trading amid the data from the American Petroleum Institute (API), which showed a decrease in US reserves by 9.52 million barrels at the end of last week