State may reduce support for SOCAR in this case

International rating agency S&P Global Ratings (S&P) confirmed SOCAR`s rating at "BB-", and lowered the rating Outlook from "Stable" to "Negative"

Oil gets more expensive after a strong fall the day before, and Brent is at $39.15 per barrel

Oil prices are growing in Thursday`s trading after decrease by over 5% the day before

Azerenerji`s ratings can be downgraded

Azerenerji`s credit rating has been re-approved at the level of BB/B

Oil drops in price after rising the day before, and Brent is $40.49 per barrel

Oil prices are falling in Wednesday`s trading amid the data about the growth of oil stocks in the U.S.

New general director was appointed to SOCAR-AQS LLC

Oil prices rise after decline the day before, and Brent is at $40.76 per barrel

Oil is increasing in price in Tuesday`s trading after the decrease of prices to minimum over the last 3 weeks amid the news of oil production growth in Libya

Oil cheapens, and Brent is at $41.06 per barrel

Oil prices are declining in Monday`s trading because of the prospects of deterioration in the oil demand due to the growing incidence of Covid-19 in the world

Oil price falls, and Brent is at $42.33 a barrel

The benchmark oil prices are declining in Friday`s trading and may end the week in a small minus.

Azerbaijan’s president: Official opening of TAP is a matter of a few weeks

Work within the TAP project is on schedule and has already been completed. The official opening of TAP may be a matter of weeks, not months. Everything is ready on the gas pipeline. This historic pipeline from Baku to Europe has already been completed.

Oil keeps on falling in price, and Brent is at $41.53 a barrel

Substations to be built in cities liberated from occupation

Azerenerji is finishing engineering works on the construction of new 110 kW system substations and 110 kV high-voltage transmission lines in the districts that have already been liberated and will be liberated from occupation

SOCAR president: SOCAR has opened thousands of jobs in Georgia

SOCAR has started investing in the Georgian economy since 2006, and has created thousands of new jobs so far

SOCAR ranks 6th on gasoline import in Ukraine

SOCAR Energy Ukraine, a subsidiary of SOCAR in Ukraine, imported 5,900 tons of motor gasoline to this country for September 2020

Oil prices fall amid data about growth of U.S. oil stocks, and Brent is at $42.87 a barrel

In Wednesday`s trading the prices for benchmark oil brands are declining amid the American Petroleum Institute`s data about the growth of oil stocks in the U.S.

Energy Minister: Jobs to be created due to these projects

Environmental and social impact assessment studies are underway on the territory where the solar power plant will be constructed, the Azerbaijani energy minister announced

Renewable power plants to be built in three districts

Renewable energy power plants are to be constructed in the Absheron, Khizi and Garadag districts, ABC.AZ reports, citing Energy Minister Parviz Shahbazov.

Energy Minister: These projects to allow irrigation of 260,000 ha of land

Azerbaijani Energy Minister Parviz Shahbazov has given a range of interesting comments about the Khudaferin and Giz Galasi hydroelectric power stations

Parviz Shahbazov: Khudaferin hydroelectric complex to allow generating 368 million kWh of electricity a year

The Khudaferin hydroelectric complex will allow Azerbaijan to generate 368 million kWh of electricity a year

Oil gets cheaper, and Brent is $42.26 a barrel

SOCAR rep: Euro-5 fuel can be produced in 2 years

When will repairs at Heydar Aliyev Oil Refinery be finished? – Statement

The pandemic has had a certain impact on the schedule of all projects of the Azerbaijan State Oil Company