Azerbaijan fulfilled OPEC+ quota in December

The oil production in Azerbaijan reached 548,000 b/d in December 2022

Oil gets cheaper, and Brent is at $83.87 a barrel

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

Azerbaijan to generate up to 22,000 MW of wind and solar energy

President Ilham Aliyev has met with Executive Chairman of “Fortescue Future Industries” Andrew Forrest in Davos.

Cost of oil grows, and Brent is at $86.60 a barrel

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

Azerbaijan to export both electricity and ‘green hydrogen’ to Europe

Azerbaijan has reliable hydrocarbon reserves, and the government has taken significant steps in the field of renewable energy.

Energy crisis in Lebanon - the country plunged into darkness

Masdar is reliable partner for Azerbaijan

Masdar (UAE) is reliable and important partner for Azerbaijan

Oil prices change in different directions, Brent is at $84.68 a barrel

Prices for oil of benchmark grades are changing in different directions in Tuesday’s trading.

President: Our cooperation with MASDAR to transform Azerbaijan into very important source of green energy exports

President: Our natural gas exports grow

Ilham Aliyev: Azerbaijan exports petrochemical products and electricity

SOCAR and Masdar sign a new agreement

SOCAR and Masdar have signed agreements on joint development of renewable energy sources

Oil gets cheaper, and Brent is at $84.65 a barrel

Prices for oil of benchmark grades are declining in Monday’s trading after rising more than by 8% at the end of last week.

Azerbaijan exported 26.3 million tons of oil last year

Azerbaijan directed 26.3 million tons of oil (together with condensate) for export in 2022.

20.4 million tons of ACG oil produced in 2022

To date, 203.4 bn bn cu m of gas have been produced from Azeri-Chirag-Guneshli, and about 182.8 bn cu m from Shah Deniz.

Azerbaijan extracted 46.7 bn cu m of gas in 2022

Azerbaijan produced 46.7 bn cu m of natural gas last year.

Oil gets more expensive

Prices for oil of benchmark grades moved to a rise at the auction on Friday, ending the week with growth.

Gas in Europe grew in price more than by 4%

Today, the exchange prices for gas in Europe at the beginning of trading increased more than by 4%.

Cost of oil drops, and Brent is at $83.62 a barrel

Prices for oil of benchmark grades are declining in Friday’s trading, but end the week with an increase.

Cost of oil grows, and Brent is at $82.83 a barrel

Prices for oil of benchmark grades are increasing in Thursday’s trading after steady rise in the previous session.

New head appointed at Socar Rus