Gas production has increased for past 8 months

Gas exports from Azerbaijan grew by 3.1% in 8 months

Azerbaijan exported 8.4 bcm of gas to Europe for Jan-Aug 2024.

Oil price goes up after a rise the day before, Brent - $71.75 per barrel

Prices for oil of benchmark grades are declining in Tuesday’s trading after rising the day before.

Romania cooperates with Azerbaijan, Georgia and Hungary to develop a green energy corridor

Romania is working closely with Azerbaijan, Georgia and Hungary to develop a green energy corridor

SOCAR to carry out gasification of a Bulgarian city

Bulgaria's Assarel-Medet JSC Mining and Processing Complex plans to jointly with the State Oil Company of Azerbaijan (SOCAR) supply gas to the Bulgarian city of Panagyurishte (located 91 km east of Sofia in the province of Pazardzhik).

Data on gas extracted from Absheron field published

Finland’s Olkiluoto-2 nuclear power plant shut down

Finnish nuclear power plant Olkiluoto-2 has been shut down.

Oil price goes up, Brent - $71.95 per barrel

Prices for oil of benchmark grades are increasing in Monday’s trading after last week’s drop.

Azerbaijani oil has risen slightly in price

Oil price goes up, Brent - $72.77 per barrel

New generation gas processing plants to be constructed in Kazakhstan

New generation gas processing plants will be built in Kazakhstan.

SOCAR and Eni S.P.A to sign documents

On September 5, President of the Republic of Azerbaijan Ilham Aliyev met with Claudio Descalzi, the CEO of Italian company Eni S.p.A, in Rome.

Azeri Light keeps on going down

Growth recorded on asphalt production in Azerbaijan

Over Jan-Jul 2024, our country produced 50,300 tons of asphalt.

Oil price goes up, Brent - $72.92 a barrel

Prices for oil of benchmark grades are rising in Thursday's trading.

Global gas demand to grow by at least 10-12%

Over the next 20 years, global gas demand will grow by 10-12% up to 4.5-4.6 trillion cu m.

Crude oil production in Azerbaijan fell more than by 4%

Over Jan-Jul 2024, crude oil production in Azerbaijan totaled 16.95 million tons.

Oil price goes down, Brent - $73.45 a barrel

Prices for oil of benchmark grades kept on declining in Wednesday’s trading after a drop following the previous session.

Oil price down, and Brent - $76.36 a barrel

Prices for oil of benchmark grades are falling in Monday’s trading.

Azerbaijan to hold its first renewable energy auction

A familiarization visit to the area that will be put up for Azerbaijan's first renewable energy auction is planned for September 2024.

Iranian NISOC fulfills 65% of its plan to increase oil production

The National Iranian South Oil Company (NISOC) has managed to fulfill 65% of its target for increasing and maintaining oil production at oil fields.