Gas made up 35.34% of Azerbaijan's exports for Jan-Apr

The State Customs Committee has published a report on some indicators.

Prices of gas sold by Russia to fall sharply in 2025

The Ministry of Economic Development of Russia has published a forecast of prices for Urals oil and gas exported from Russia until 2025.

Russia predicts consistent decline in cost of oil & gas

The Ministry of Economic Development of the Russian Federation predicts consistent decline in the cost of Urals oil and gas prices exported from Russia until 2025.

Oil rises in value, and Brent is at $110.38 a barrel

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

Oil gets more expensive, and Brent is traded below WTI

Prices for oil of benchmark grades are increasing in Wednesday’s trading, the cost of Brent oil is lower than the cost of WTI.

A pipeline to deliver Azerbaijani natural gas to Bulgaria connected to network

Oil is slightly cheaper, and Brent is at $113.86 a barrel

Prices for oil of benchmark grades are moderately declining in Tuesday’s trading after a significant increase the day before.

Saudi Arabia plans to increase oil production to 13 million barrels by 2027

Germany to refuse from Russian oil

Oil gets cheaper, and Brent is at $109.21 a barrel

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

EU: Iran may return to world oil markets

Negotiations between the EU and Iran on the nuclear deal are ongoing.

Bulgaria to receive gas from Azerbaijan from this date

Report on electricity generation by Azerenergy

Electricity generating in Azerbaijan grew by 3.3%

Azerbaijan generated 9.24 bn kWh of electricity for Jan-Apr 2022

SOCAR ethylene-polyethylene plant to resume work next week

Oil rises in value, and Brent is at $109.44 a barrel

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

Lukoil buys Shell Oil filling stations – Contract signed 

Oil production at ACG and Shah Deniz fields reached 589 million tons

Azerbaijan increases gas extraction and exports

For the past 4 months of 2022 the country extracted 15.7 bn cu m of natural gas.

Azerbaijani oil exports falls more than by 5%

The Ministry of Energy has released operational data for Jan-Apr 2022.

Oil production in Azerbaijan has fallen

According to operational data, 11.1 million tons of oil (together with condensate) were produced in Azerbaijan for Jan-Apr 2022.