Oil falls in price after a sharp rise the day before

After yesterday`s jump the prices for oil of standard grades are declining in trading today

Energy supply in Azerbaijan has brought up to 100%

As a result of the taken measures, the provision of electricity and electric meters around the country amounted to 100%, according to Azerbaijan State Budget 2020

OPEC+ countries to cut further oil production

The OPEC and non-OPEC (OPEC+) countries will reduce further the oil production

Revenues from oil & gas sector decreased by 7.5% versus previous year

The Ministry of Taxes fulfilled the forecast on tax revenues by 106.4%

Rovnag Abdullayev suggests opening of SOCAR Trading representative office in Turkmenistan

SOCAR president Rovnag Abdullayev took part in the 24th conference-exhibition "Turkmenistan Oil & Gas - 2019" in Ashgabat on 22 October.

Oil falls after rise, and Azeri Light grows by $1.50

Crude oil Azeri Light has grown by $1.49

Up to 1.8 bn cu m of Azerbaijani gas carried via TANAP pipe in 2019

Oil becomes cheaper, Azeri Light fell by 1.92%

Azerbaijani crude oil of grade Azeri Light has declined in price by $1.23

Later last week oil prices fell

Azerbaijani oil rose by 1.1%

SOFAZ sold Palazzo Turati in Milan

Oil & gas sector produced for almost AZN 23 bn for Jan-Sept 2019

The State Statistics Committee informs that AZN 3.799 bn was directed for the oil & gas sector of Azerbaijan for the first 9 months of this year

Azerbaijan exported 8.2 bn cu m of gas to foreign markets for Jan-Sept

Over Q3 of this year SOCAR exported 145.9 million cu m of gas

26 bn cu m of gas extracted this year

For the past quarter of 2019 Azerbaijan produced more than 9.4 million tons of oil and 8.7 bn cu m of gas

Last quarter SOCAR extracted oil by 2.8% and gas by 11.4% more versus Q3 of 2018

This year production of petrol and diesel fuel has increased

The State Statistics Committee reports that for the first 9 months of this year Azerbaijan produced 1.635 million tons of diesel fuel

Nobel Oil Services to undertake Gas Storage Expansion Project in Turkey

Nobel Oil Services’ subsidiary SOCAR AQS signed a contract on Gas Storage Expansion Project in Turkey.

This year Baku-Tbilisi-Ceyhan pipeline carried over 23 million tons of oil

The State Statistics Committee informs that 29.38 million tons of oil has been transported via the main oil pipelines in Azerbaijan this year

Oil falls in price on Friday, after its rise on Thursday, and Azeri Light drops by 0.5%

The price of Azeri Light oil declined by $0.32

SOCAR AQS starts a project on underground gas storage facilities in Turkey

Oil prices fall on Thursday, while Azeri Light grows by 0.10%

The price of Azerbaijani oil Azeri Light increased by $0.69

Demand for drilling rigs declines - Ramin Isayev

Rising costs are one of the main challenges we encounter in the development of the oil & gas industry