More than 25 million tons of crude oil produced this year

More than 6 billion cubic meters of gas exported through SCP in eight months

21.3 million tons of oil transported via the Baku-Tbilisi-Ceyhan pipeline in eight months of the year

According to the State Statistics Committee, in January-August, 26,384,400 tons of oil was transported through main oil pipelines in Azerbaijan

Oil rising at a record pace

On Monday, oil prices surge 9-10% after attacks on oil facilities in Saudi Arabia, which led to a loss of about 6% of world crude production.

Oil prices complete the week with a record fall in 2 months

Since the beginning of the week, the price of WTI has decreased by 2.7%, Brent has fallen in price by 2.1%

Date and venue of next meeting of Joint Monitoring Committee of OPEC+ Ministers revealed

The 17th meeting of the Joint Monitoring Committee of the Ministers of OPEC and non-OPEC countries will be held in Vienna on December 4

Global oil demand to be 101.6 million barrels per day next year

Global oil supplies reach 100.7 million barrels daily

SOCAR AQS completes construction of another well at Gunashli field

Oil rises after previous decline

Oil prices during trading on Thursday recover after a significant fall on Wednesday

Oil prices rise after previous decline

Reference oil prices are moderately rising during trading on Wednesday

Shell partially acquires Shah Deniz gas contract from Engie

Shell and Engie, the Azerbaijani gas supply company and SOCAR, agreed on the transfer of the contract on gas supply of Shah Deniz, owned by Shell Energy Europe Limited

Oil prices keep on growing

Brent and WTI crude oil finished trading on Monday at the highest levels since July 31

Daily oil production in August amounted to 749,000 barrels

Daily oil production in Azerbaijan in August amounted to 749,000 barrels in Azerbaijan with 686,000 barrels of crude oil, and 63,000 barrels of condensate

Oil prices going up

Oil is rising in price as the market is evaluating reports of Saudi Energy Minister`s resignation

Oil prices growing slightly

Oil prices are growing slightly during trading on Friday.

Ilham Aliyev inaugurates Shimal-2 power plant in Baku

Azerbaijani President Ilham Aliyev on Thursday attended the inauguration of the Shimal-2 power plant in Baku

CPC boosts oil exports

The Caspian Pipeline Consortium exported 41,517,000 tons of oil in January-August 2019, which is an increase of 3.26% over the same period in 2018

Oil price stable after previous hike

Oil prices stabilized on Thursday after a price hike following the session on Wednesday, a record in two months

Nobel Oil Service finalized Summer Internship Program

Nobel Oil Services, along with its subsidiaries, GLENSOL and PROKON, has completed Summer Internship Program 2019.

Gas supplying halted for some of Absheron settlements today