Foreign experts propose to increase heating tariffs

We conducted a survey and monitoring among consumers. The tariff can be raised from 15 gapiks to 22-25 gapiks

Upgrade of Heydar Aliyev Oil Refinery to be finished on this date

The construction of diesel and gasoline production units in accordance with Euro-5 standards continues at the Heydar Aliyev Oil Refinery of the State Oil Company of Azerbaijan

By end of held trading oil rose more than by 2.5%

Auctions are not held on Friday because of the Easter holidays

President Aliyev approves a new oil agreement

Oil gets cheaper, and Brent is at $107.93 a barrel

Oil prices are declining in Thursday’s trading, after rising at the end of the previous session.

Daily oil production in Azerbaijan for March reached 696,400 barrels

President: Potential of solar power plants in Jabrayil and Zangilan is great

Taking into account that all the occupation-liberated districts are now connected with other districts of Azerbaijan by power lines, the energy to be generated there will be included in the general system.

EnerMech’s new Azerbaijan partnership with Oil & Gas Proserv secures contracts with operators worth (USD) $3m

Oil drops in value, and Brent is at $104.42 a barrel

Prices for oil are declining in Wednesday’s trading, after an increase of more than 6% at the end of the last session

Indian declines to buy Russian oil

Indian Oil Corp (IOC) has excluded several high-sulphur crude grades, including Russian Urals, from its latest tender.

SOCAR interests in buying a Serbian company whose stake belongs to Russia

SOCAR is interested in acquiring the majority of shares of Serbian oil company NIS.

Up to 2,000 workers to be drawn to repair of Heydar Aliyev Oil Refinery

Cost of oil rises, and Brent is at $100.37 a barrel

Oil prices are increasing in Tuesday’s trading, after falling at the end of the last session

Cause why oil prices cannot rise named

Oil gets cheaper, and Brent is at $100.49 a barrel

Oil prices are declining in Monday’s trading.

New fines to be introduced for violations in connection with operation of gas

President Ilham Aliyev signed the draft amendments to the Code of Administrative Offences.

Oil gets cheaper, and Brent is traded below $100 a barrel

Oil prices are declining in Friday’s trading.

Hungary also to buy Russian gas in rubles

Hungary did not dare to abandon Russian gas and reacted positively to the actions of the ruble on the sale of natural gas by Russia to "unfriendly countries".

Azeri Light has grown by $41.08 against Q1 of 2021

The average price of Azeri Light on CIF-delivery terms was $102.68 per barrel in the 1st quarter of 2022.

Vagit Alekperov sounds alarm: Lukoil plants may be stopped due to sanctions

Large oil companies that have serious problems with fuel transportation may face not only decrease in production, but also the shutdown of refineries.

Embargo on coal supplies to be applied to Russia

German Economy Minister Robert Habeck stated last month that the country had cut coal imports from Russia by at least half.