Absheron field gas extraction to double in 2024

Gas production at Absheron field in the Azerbaijani sector of the Caspian Sea is projected to reach 1.47 bcm in 2024.

Shah Deniz gas extraction to reach 26.1 bcm in 2024

Gas production at Shah Deniz field (the Azerbaijani sector of the Caspian Sea) is projected at 26.1 bcm in 2024.

Cost of gas in liberated lands under consideration

Forecast: ACG production to decrease in 2014

It is predicted that crude oil production from Azeri-Chirag-Guneshli (ACG) block of fields will reach 125.9 million barrels next year.

Oil price goes up, and Brent is at $75.21 a barrel

Prices for oil of benchmark grades are increasing in Friday’s trading.

Income of Azerbaijani subsidiary of Nobel Energy fall sharply

The revenues of Prokon LLC, a subsidiary of Noble Energy in Azerbaijan, have fallen.

SOFAZ earnings from ACG declined more than by 30%

Oil prices rise after a serious drop, and Brent is at $74.69 a barrel

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

Fee for this service in Azerbaijan increased by 7%

SOCAR interested in buying Lukoil's business in Bulgaria

Several structures are interested in purchasing the Bulgarian business of Russian company Lukoil, including the State Oil Company of Azerbaijan (SOCAR)

China commissions 4th generation nuclear power plant

China has commissioned the world's first nuclear power plant of the 4th generation.

Oil price is stable, and Brent is at $77.22 a barrel

Prices for oil of benchmark grades are changing slightly in Wednesday’s trading after falling the day before to the lowest since the beginning of July.

FM: Azerbaijan to become exporter of green energy

The potential of the Caspian Sea can soon turn Azerbaijan into an exporter of green energy.

Energy balance to be developed in Azerbaijan – Decree

The energy balance will be prepared in Azerbaijan.

TotalEnergies to search for methane using drones in Azerbaijan

Cost of oil goes up, and Brent is at $78.07 a barrel

Prices for oil of benchmark grades are increasing slightly in Tuesday’s trading after falling the day before.

SOCAR transfers to government for six months?

Denmark’s Vestas can produce wind turbines for Azerbaijan

Danish company Vestas, one of the world's largest producers of essential oils, can produce essential oils for Azerbaijan.

Number of SOCAR employees has increased

The number of employees of the State Oil company (SOCAR) for the first half of 2023 has been announced.

Financing paid to SOCAR management for 6 months published

SOCAR to build tanker for 29 million manats

Baku Shipbuilding Plant LLC will produce a tanker for oil transportation by order of SOCAR.