Shell sells facilities in Permian basin for $9.5 bn

Royal Dutch Shell has made a decision to sell the most important oil refining facilities in the Permian Basin in North America to ConocoPhillips for $9.5 bn

Oil rises in cost, and Brent is at $74.82 a barrel

Prices for oil of standard grades are growing in Tuesday’s trading

Gas value in Europe grows and reaches $908 per 1,000 cu m

The price of gas in Europe has gone up again during trading at the ICE exchange on 20 September

For Jan-Aug Georgia received gas for over $126 million from Azerbaijan

4 bn barrels extracted from ACG

On 18 September 2021, 4 bn barrels of oil were extracted from oilfield block Azeri-Chirag-Guneshli

Oil gets cheaper, and Brent is at $74.81 a barrel

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

Gasoline production lowered by 2.5% in Azerbaijan

The production of motor gasoline in Azerbaijan has reduced

Gazprom confirms its export plan to Europe for 2021

Gazprom has confirmed the plan to export natural gas to Europe for 2021 at the level of 183 bn cu m

Oil gets cheaper, and Brent is at $75.45 a barrel

Prices for oil of standard grades are declining in Friday’s trading

5 bn cu m of gas exported from Azerbaijan via TAP

From 31 December 2020 to today the volume of Azerbaijani gas exported to Europe via Trans-Adriatic Gas Pipeline reached 5 bn cu m

List of countries where Azerbaijan exports gas

Over Jan-Aug 2021 the volume of declared gas exports from Azerbaijan amounted to 13.24 bn cu m

Azerbaijan reports about increase of gas exports

The declared gas exports from Azerbaijan totaled 13.2 bn bn cu m for Jan-Aug 2021

Oil rises in value, and Brent is at $75.63 a barrel

Prices for oil of standard grades keep on growing in Thursday’s trading after the rise the day before – Brent jumped by 2.5% and WTI by 3%

Ilham Aliyev took part in opening of substation Buzovna-1

President Ilham Aliyev has taken part in the opening of the 110/35/10 KV substation Buzovna-1 in Khazar district of Baku

SOCAR's statement about increase of prices for petrol

The rise in the price of fuel Super Euro-98 and Premium Euro-95 in Azerbaijan is linked with an increase in prices in the country from where these fuels are imported

Oil gets more expensive, and Brent is at $74.07 a barrel

Prices for oil of standard grades are growing in Wednesday’s trading.

Date of start of production at Dostluq field announced

Oil prices keep on growing, and Brent is at $74.09 a barrel

Prices for oil of standard grades continue their growth in Tuesday's trading due to OPEC's forecast about increase of demand in 2022

One more forecast from OPEC on Azerbaijan

The Organization of the Petroleum Exporting Countries (OPEC) has not changed the forecast for the average daily production of oil and other liquid hydrocarbons in Azerbaijan for 2021-22.

SOCAR to start transporting Turkmen oil

SOCAR and Vitol agreed to supply Turkmen oil via pipeline Baku-Tbilisi-Ceyhan from October.

Oil gets more expensive, and Brent is at $73.17 a barrel

Prices for oil of standard grades are growing in Monday’s trading