SOCAR has bought a filling station network in Austria

Socar Energy Holding, a subsidiary of Socar Energy Switzerland, has become the owner of the filling station network in Austria

Azerbaijani oil increased in price

Price of Azerbaijani oil Azeri LT CIF on the world market rose by $0.21 (0.32%)

Energy Minister has got acquainted with activities of energy facilities

Azerbaijan's Energy Minister Parviz Shahbazov has familiarized himself with activities of a number of facilities, taking leading positions in the energy sector

Azerbaijan’s Energy Minister meets with UK Minister of State for Trade & Export Promotion

Azerbaijani Energy Minister Parviz Shahbazov has met with Baroness Rona Fairhead, the UK Minister of State for Trade & Export Promotion and co-chair of the Joint Intergovernmental Commission

Oil production decreases in Azerbaijan

Azerbaijan’s oil production 35,413 tons of oil for the first 11 months of 2017 that is by 6.1% less than for the same term of 2016

Cost of Azeri oil has grown by half a dollar

The price of Azerbaijani oil Azeri LT CIF has become more expensive on the world market

OECD countries’ oil stocks decreased by 200 million barrels since early 2017

Oil stocks in countries of the Organization for economic cooperation and development (OECD) decreased by 200 million barrels from the beginning of the year

SOFAZ has received $5.8 bn from ACG profit oil this year

Over Jan-Nov of the year the State Oil Fund of Azerbaijan (SOFAZ) received $5.78 bn from sale of profit oil from oilfield block Azeri-Chirag-Gunashli (ACG), located in the national sector of the Caspian Sea

Azeri oil price continues to decline

The price of a barrel of Azerbaijani oil Azeri LT CIF on the world market fell by $1.41

Natural gas export from Azerbaijan has grown

Natural gas export from Azerbaijan has increased by 11.5%.

Azeri oil price has declined

The price of a barrel of Azerbaijani oil Azeri LT CIF on the world market fell by $0.35

Azeri oil price increased and costs almost $67 a barrel

The price of a barrel of Azerbaijani oil Azeri LT CIF on the world market has increased by $1.14

Action Plan on ACG and Shah Deniz projects to be discussed next week

Discussion of the Action Plan 2018 on the activity within the ACG and Shah Deniz projects will be held in the coming week

SOCAR has signed an oil export contract with Vietnam

Socar Trading (Azerbaijan) and Binh Son Refining & Petrochemical Co. (BSR; Vietnam) have signed a contract

Oil Fund’s executive director: ‘Azerbaijan is not afraid of transparency’

Azerbaijan announced its withdrawal from the EITI (Extractive Industries Transparency Initiative), but remained loyal to the principles of organization and principles of transparency.

Azerbaijani oil price has increased

The price of a barrel of Azerbaijani oil Azeri LT CIF on the world market has grown by $0.5

Azerbaijan exported over 19 million tons of oil for Jan-Nov

Over the past 11 months of 2017 the State Oil Company of Azerbaijan (SOCAR) exported 19.026 million tons of its oil to world markets

Kazakhstan proposes Azerbaijan a project of petroleum engineering JV

The Azerbaijan-Kazakhstan Intergovernmental Commission on Trade & Economic Cooperation has conducted a meeting in Baku

A new workgroup to deal with Kazakhstan’s energy resource transit across Azerbaijan

A decision to establish a workgroup on the questions of transit of Kazakh energy resources through Azerbaijan has been made.

Azeri crude oil down in price again

The price per 1 bbl of Azeri LT CIF has gone down by $0.67 or 1.04% today.

SOCAR has increased number of petrol stations in Azerbaijan up to 26

SOCAR Petroleum increased the number of petrol stations in Azerbaijan under SOCAR brand up to 26