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  • Fuel and Energy
  • item

    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

    16 September - 15:48

  • item

    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.

    16 September - 10:25

  • item

    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%

    13 September - 10:35

  • item

    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

    12 September - 17:44

  • item

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

    12 September - 17:32

  • item

    Global oil supplies reach 100.7 million barrels daily

    12 September - 17:24

  • item

    SOCAR AQS completes construction of another well at Gunashli field

    12 September - 11:01

  • item

    Oil rises after previous decline

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

    12 September - 10:09

  • item

    Oil prices rise after previous decline

    Reference oil prices are moderately rising during trading on Wednesday

    11 September - 10:03

  • item

    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

    10 September - 17:16

  • item

    Oil prices keep on growing

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

    10 September - 09:50

  • item

    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

    9 September - 13:57

  • item

    Oil prices going up

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

    9 September - 10:11

  • item

    Oil prices growing slightly

    Oil prices are growing slightly during trading on Friday.

    6 September - 10:07

  • item

    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

    5 September - 14:17

  • item

    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

    5 September - 13:27

  • item

    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

    5 September - 12:13

  • item

    Nobel Oil Service finalized Summer Internship Program

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

    4 September - 11:31

  • item

    Gas supplying halted for some of Absheron settlements today

    16 August - 14:08

  • item

    Prices for oil drop, and Azeri Light falls by 0.6%

    Azerbaijani oil Azeri Light has decreased in price by $0.37

    16 August - 13:04

  • item

    SOCAR opens a gas station in Kiev

    SOCAR Energy Ukraine, a subsidiary of the State Oil Company of Azerbaijan, has opened a new gas station complex in Kiev, Ukraine

    15 August - 17:23

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