Oil keeps on its rising in price

Prices for oil continue growing on Monday after their increase on Friday up to maximum since mid-September

800 new gas regulators to be installed - Ruslan Aliyev

785 kilometers of the new gas pipeline will be overhauled next year

Mushfig substation put into operation

Today, Azerenerji`s power substation Mushfig with capacity of 220/110/10 kV has been commissioned

Azerbaijan’s electricity export has grown

Over Jan-Nov of this year Azerenerji exported electricity for $75.9 million

An overpass up to 750 m long under construction to be put into operation in June

Falling water level in the Caspian Sea threatens to stop the operation of ‘Sumgait’ power plant

Shakhmar Huseynov appointed general director of production association Azneft

General director of production association Azneft has been appointed

Oil rises in price

Oil keeps on its weak growing on Friday after rising the day before

Oil prices observe growth

On Thursday, prices for oil of standard grades are steadily rising

Georgia bought 1.5 bn cu m of Azerbaijani gas for Jan-Nov

Georgia imported 1.513 bn cu m of natural gas from Azerbaijan for Jan-Nov 2019. This figure is 4.9% more against the 2018 same term

Oil has grown, and Brent rose up to maximum for 3 months

Prices for oil of standard grades have grown essentially

SOCAR Georgia Petroleum opens a new multifunctional complex in Georgia

On 23 December SOCAR Georgia Petroleum opened a new multifunctional complex on expressway Tbilisi-Sebaki-Leselidze near the city of Terkola

Oil rises in price slightly

Prices for oil of standard grades are increasing slightly on Tuesday

Oil prices change slightly after rise the day before

Prices for oil of standard grades have changed a little on Friday after their growth the day before up to the upper limit since September

Oil & gas sector produced for more than AZN 27 bn in 2019

The State Statistics Committee reports that the oil & gas sector of Azerbaijan was invested AZN 4.8 bn for the past 11 months of 2019

Oil prices not changed much

Prices for crude oil of standard grades have changed a little in Thursday’s trading following the previous trading sessions, and there were observed no significant changes

President Ilham Aliyev: SOCAR to expand activity in Ukraine

SOCAR is going to broaden its activities in Ukraine, said President Ilham Aliyev on 17 December, making statements for the press in Baku with his Ukrainian counterpart Vladimir Zelensky

Oil falls in price after its rise the day before

After rising on Tuesday, oil prices are declining on Wednesday on the data of the American Petroleum Institute about the increase in oil reserves in the United States

SOCAR-Petrofac has signed a contract with BP

Joint venture SOCAR-Petrofac has signed a contract for project management services with the purpose to support BP`s operations in Azerbaijan and Georgia

More than $76 million of electricity exported for Jan-Nov

The State Customs Committee has reported that Azerbaijan exported 1.742 bn kWh of electricity for the past 11 months of this year

Oil prices change a little after a slight rise

Oil prices change slightly during Tuesday`s trading after a slight increase the day before

Tekfen acquired a 10% stake in SOCAR Polymer

According to SOCAR, a document was signed at the company`s head office on the acquisition of a part of SOCAR Polymer`s shares by Turkish company Tekfen