SOFAZ's revenues from ACG decreased

Cost of oil goes up, and Brent is at $90.16 a barrel

Moody's raised SOCAR's basic credit score

International rating agency Moody's Investors Service has raised the basic credit rating (BCA) of the State Oil Company of Azerbaijan (SOCAR) from ba3 to ba2.

Volume of Azerbaijani gas carried via TAP published

Azerbaijan highly appreciates IsDB’s energy projects

Azerbaijan highly appreciates IsDB’s energy projects in the domestic energy sector.

MP: Increase in oil prices affects growth of state assets of Azerbaijan

Oil gets cheaper, and Brent is at $88.89 a barrel

Prices for oil of benchmark grades are falling slightly at Tuesday’s trading.

Oil price is stable, and Brent is at $88.51 a barrel

Prices for oil of benchmark grades are changing slightly at Monday’s auction after the rise following the past week.

Brent at $87.03 as oil rises

Benchmark oil prices are rising during the trading on Friday.

Absheron field will play a crucial role in realizing Azerbaijan’s energy potential - Mikayil Jabbarov

The Absheron gas condensate field will play a crucial role in enhancing Azerbaijan's economic resilience, Minister of Economy Mikayil Jabbarov wrote on X.

President Ilham Aliyev receives Chief Executive Officer of TotalEnergies

On August 31, President of Azerbaijan Ilham Aliyev received Chief Executive Officer of TotalEnergies Patrick Pouyanné.

EU countries import 75,760 tons of carbamide from Azerbaijan

In the first half of 2023, the countries of the European Union (EU) imported 75,760 tons of carbamide from Azerbaijan for 30.174 million euros.

Brent at $85.22 as oil stable

Benchmark oil prices are stable on the trading on Thursday.

Azerbaijan produces over 24 billion cubic meters of natural gas

In January-June 2023, Azerbaijan produced 24.1 billion cubic meters of natural gas.

Azerbaijan increases gas exports to Greece

In January-June 2023, Greece imported 1.020 billion cubic meters of gas from Azerbaijan, ABC.AZ reports, citing Eurostat, the statistical office of the European Union (EU).

Azerbaijan posts increase in losses in oil pipelines

In January-June 2023, losses in oil pipelines in Azerbaijan amounted to 1,700 tons, up 30.8% year-on-year.

Gazprom reports nearly 9-fold decline in net profit

Rosneft's revenue amounted to $40 billion in H1

New gas wells to be drilled in Egypt

New gas wells will be drilled in Egypt.

Brent at $85.20 as oil rises

Benchmark oil prices are rising at the auction on Wednesday.

Azerbaijan largest gas exporter to Turkiye

The volume of gas imported by Turkiye in June amounted to 2,332,420,000 cubic meters, the Turkish Energy Market Regulatory Agency (EPDK) said in a statement.