Price of a barrel of oil predicted to reach $100

Lukoil to give a loan to SOCAR

Russian oil company Lukoil is to give a loan of $1.5 billion to the State Oil Company (SOCAR).

Oil price goes up, and Brent is at $84.19 a barrel

Prices for oil of benchmark grades are increasing in Friday’s trading after decline the day before.

Oil prices rise after strong fall, and Brent is at $86.39 a barrel

Prices for oil of benchmark grades are increasing in Thursday’s trading after a serious drop the day before by 5.6%.

Belgium reveals world's first artificial energy island

Belgian startup Elia has presented Princess Elisabeth Island, a project on creation of the first artificial energy island in history.

Oil price is down, and Brent is at $90.80 a barrel

Prices for oil of benchmark grades are declining in Wednesday’s trading.

List of countries with largest gas reserves

The rating of countries with the largest reserves of natural gas in the world has been compiled.

Data unveiled on electricity generated by two Sugovushan hydroelectric power plants

New agreement concluded between ASELSAN and ROKETSAN

Petkim acquired a 12% stake in STAR refinery

The asset of the State Oil Company of Azerbaijan (SOCAR) in Türkiye - the Petkim petrochemical complex has completed acquisition of a 12% stake in STAR refinery.

Russia raises prices for exported electricity

Price of oil goes down, and Brent is at $89.82 a barrel

Prices for oil of benchmark grades continue falling in Tuesday’s trading after a drop the day before.

Cost of oil goes up, and Brent is at $92.28 a barrel

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

Azerbaijan cooperates with leaders in field of renewable energy for construction of new power plants

24 bcm of gas carried via TANAP since its commissioning

24 bcm of gas has been transported through the Trans-Anatolian Pipeline (TANAP) since its commissioning.

Oil price goes up, and Brent is at $93.13 a barrel

Prices for oil of benchmark grades are increasing weakly in Friday’s trading after decline the day before.

Cost of oil keeps on rising, Brent is at $94.89 a barrel

Prices for oil of benchmark grades continue growing in Thursday’s trading after a sharp jump the day before.

Sweden uses renewable energy sources most of all

The countries that use renewable energy sources the most have become known.

Nankhchivan to host Azerbaijan-Türkiye Energy Forum

List of countries with the highest oil consumption

Most of all oil is consumed in the USA - 20 million barrels of oil daily.

Diesel fuel production in Azerbaijan exceeds 22%