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  • Fuel and Energy
  • item

    Oil prices fall, and Brent is at $42.65 a barrel

    Oil prices are falling in Friday’s trading after their rise the day before

    3 July - 11:17

  • item

    SGC revenues grew by 78.5%

    The total assets of Southern Gas Corridor CJSC (SGC) amounted to $12.655 bn as of 1 January 2020

    2 July - 18:25

  • item

    Energy Minister: Stability in the oil market is in interests of all oil producers

    2 July - 17:26

  • item

    Expectations: Downward trend in oil demand to weaken

    It is important to expand the OPEC+ format with the involvement of other key oil producers

    2 July - 17:25

  • item

    Energy Minister: We must be more open to innovations

    Azerbaijani Energy Minister Parviz Shahbazov touched upon some nuances related to global energy and unstable energy

    2 July - 17:08

  • item

    Bakhtiar Aslanbeyli: BP is committed to its obligations

    BP is preparing to drill the first exploration well in the Absheron prospective area (SWAP) and is processing seismic surveys conducted in the D230 prospective structure

    2 July - 15:50

  • item

    BP not to stop its exploration activity in Azerbaijan

    Despite the termination of prospecting and exploration projects in a range of countries, British company BP is going to continue exploration in Azerbaijan.

    2 July - 15:46

  • item

    Oil price is stable after rise the day before, and Brent is at $42 a barrel

    Prices for oil of standard grades are changing weakly on Thursday after rising the day before

    2 July - 11:11

  • item

    President has signed a decree on State Oil Company

    President Ilham Aliyev signed a decree approving the list of licenses and permits that are not required for relevant activities of the State Oil Company

    1 July - 17:22

  • item

    SOCAR paid large amounts of bonuses to managers

    Over the past year SOCAR has paid remuneration for AZN 1.404 million to its top managers

    1 July - 11:33

  • item

    Price for petrol Premium AI-95 has grown in Azerbaijan

    Since today prices for gasoline AI-95 have increased by 0.10 manats in Azerbaijan

    1 July - 11:24

  • item

    Socar`s share in some subsidiaries has increased

    Last year Socar increased its participation in some of its subsidiaries

    30 June - 12:02

  • item

    Socar received AZN 51.1 bn from sale of crude oil last year

    Socar has released its consolidated financial statements for 2019

    30 June - 12:00

  • item

    SOCAR earned about AZN 85 bn for 2019

    SOCAR has published its consolidated financial statements for 2019

    30 June - 11:40

  • item

    Oil cheapens after rising the day before, Brent is at $41.50 a barrel

    Prices for oil of standard grades are declining in Tuesday`s trading after their rise the day before

    30 June - 10:37

  • item

    A union created in China in connection with purchase of oil

    China`s four largest oil companies are discussing plans to form a group for joint oil purchases

    29 June - 15:44

  • item

    Germany may impose sanctions against U.S. – in connection with gas pipeline

    If official Washington takes new measures against Nord Stream 2, Germany is ready for sanctions against the U.S.

    29 June - 11:43

  • item

    Oil prices keep on drop after last week’s decline, and Brent fall to $40.15 a barrel

    Prices for oil of standard grades are falling in Monday’s trading amid the data about a new wave of COVID-19 disease growth in the world

    29 June - 11:34

  • item

    This thermal power plant re-commissioned after repairs

    25 June - 12:37

  • item

    Oil falls in price amid growth of stocks in U.S., and Brent drops to $39.98 a barrel

    Oil prices are falling on Thursday amid an increase in the number of new cases of coronavirus infection in several countries, as well as growth in oil reserves in the U.S. for the third week running

    25 June - 10:44

  • item

    Oil refining in Azerbaijan decreased more than by 61 tons

    The volume of oil refining in Azerbaijan has been announced.

    24 June - 16:54

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