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  • Fuel and Energy
  • item

    How much money spent on ACG activity - BP Azerbaijan`s report

    BP Azerbaijan has published a report on business operations for the first quarter of 2020

    12 May - 12:53

  • item

    Oil prices rise after falling the day before, Brent is at $29.7 per barrel

    Oil prices are rising slightly in Tuesday`s trading after falling at the end of the previous session

    12 May - 12:00

  • item

    Sawiris Naguib: Oil price to rise up to $100

    In a year and a half the price of a barrel of oil will rise up to $100

    8 May - 12:18

  • item

    Oil price may end the week with a rise first time since February, with Brent at $30.25 a barrel

    In Friday`s trading oil prices are rising and may end the week with growth for the first time since February on the basis of expectation of a gradual recovery in demand and a reduction in production by large oil producers

    8 May - 11:36

  • item

    Oil rises in price after decline, Brent is at $29.80 a barrel

    Prices for oil of standard grades are growing moderately in Thursday`s trading after falling the day before

    7 May - 11:53

  • item

    MP: In what case can oil price rise?

    The world market price of oil exceeded the psychological threshold of $30.

    6 May - 15:39

  • item

    Oil is stable after rising the day before, Brent is above $30 a barrel

    Prices for oil of standard grades are changing a little in Wednesday’s trading after solid growth the day before

    6 May - 10:21

  • item

    Drilling of a new well on Umid-1 platform launched

    On 5 May SOCAR president Rovnag Abdullayev visited the Umid-1 platform on Umid field, where he inspected major repairs and reconstruction and started drilling a new well

    5 May - 17:12

  • item

    Oil rises in price amid oil demand recovery hope, Brent is at $28 a barrel

    Oil prices are rising in trading on Tuesday against the background of hopes of demand recovery, after restrictions imposed in connection with the coronavirus pandemic are lifted

    5 May - 10:19

  • item

    Oil becomes cheaper, Brent is at $25.95 a barrel

    Oil prices have declined on Monday on the news of the resumption of the U.S.-China trade war

    4 May - 11:45

  • item

    Gasoline has fallen in price almost by 3% in Georgia

    The price of gasoline in Georgia has decreased by 2.6% over the past month

    1 May - 18:14

  • item

    Energy Minister: Main goal of oil production cuts is known

    Fulfilling of the obligations within the measures taken in connection with the decline in production in Azerbaijan will increase the revenues of the State, as well as of SOCAR and other oil producing companies operating in Azerbaijan

    1 May - 12:18

  • item

    Energy Minister: Implementation of the large agreement begins

    Starting from today Azerbaijan has launched the process of oil production cuts within the framework of the OPEC+ agreement

    1 May - 12:07

  • item

    Azerbaijan has started reducing oil production from today

    Azerbaijan has started the process of cutting the oil production within the framework of the OPEC+ agreement

    1 May - 11:55

  • item

    Oil gets more expensive, Brent is traded at $27 a barrel

    Prices for oil of standard grades are rising in trading on Friday, after a jump the day before

    1 May - 11:31

  • item

    Oil production at ACG to reduce by 76,000 barrels within 2 months

    The daily production at the Azeri-Chirag-Deepwater Guneshli oilfield block will decrease by 76,000 bpd in June and May

    30 April - 19:42

  • item

    SOCAR to reduce oil production

    SOCAR is charged with measures related to the temporary restriction of oil production in Azerbaijan within the framework of OPEC+

    30 April - 18:07

  • item

    Azerbaijan expects changes in oil production until 2022 - 3 periods

    Within the framework of OPEC+ the State Oil Company of Azerbaijan will undertake measures on temporary cuts in oil production in Azerbaijan

    30 April - 18:01

  • item

    Oil keeps on rising in price, Brent is traded at $24 a barrel

    Prices for oil of standard grades continued to rise in trading on Thursday due to optimism related to the easing of quarantine in a number of countries and the recovery of energy demand

    30 April - 11:25

  • item

    Gazprom`s profit fell by 17%

    Russian natural gas monopoly Gazprom made a net profit of 1.2 trillion rubles ($16.3 billion) for 2019

    29 April - 18:02

  • item

    Oil prices rise in Wednesday’s trading after a multi-directional movement the day before

    At the same time, the market does not yet feel a noticeable decrease in the supply of raw materials from manufacturers

    29 April - 11:10

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