Gas price in Europe exceeds $2,220

Natural gas has risen in price on the European market.

Commercial oil reserves in U.S. have lowered

By the end of past week U.S.’ commercial oil reserves decreased by 6,100 barrels to about 409.9 million barrels.

Oil rises in price, and Brent is at $110.07 a barrel

Prices for oil of benchmark grades continue to rise in Wednesday's trading

Oil rises in price, and Brent is at $98.96 a barrel

Prices for benchmark oil are increasing in Tuesday's trading.

Petkim made a big profit in Turkey – Report for 2021

Petkim, a subsidiary of Turkey's largest industrial holding SOCAR Turkish, has announced the financial indicators for 2021.

BP gets rid of its stake in Rosneft

BP (UK) has announced that it is getting rid of a 19.75% stake in Russian company Rosneft because of the war in Ukraine.

Equinox withdraws from Russian market

Oil gets more expensive, and Brent is at $103.15 a barrel

Prices for benchmark oil are steadily growing in Monday's trading

Oil rises in cost, and Brent is at $101.28 a barrel

Benchmark oil prices are growing in Friday’s trading.

Cost of oil grows, and Brent exceeds $100 a barrel

Prices for benchmark oil are rising in Thursday's trading, with Brent above $100 a barrel for the first time since 2014.

Munich Re cancels contract on Nord Stream-2

Munich Re, Germany's second largest insurance company and the country's largest reinsurance company, has cancelled the contract for Nord Stream 2, Munich Re’s CEO Joachim Renning stated.

SOCAR to use AI when reading gas meters

Over 16 bn cu m of gas to be carried via TANAP in 2022

Azerbaijani gas transportation via the Trans-Anatolian Gas Pipeline (TANAP) to Turkey and Europe in 2022 is planned at the level of 16.2 bn cu m.

TANAP CEO: It may take 4-5 years to double TANAP capacity

Almost 2-fold increase of capacity of the Trans-Anatolian Gas Pipeline (TANAP) up to 31 bn cu m will take up to 5 years.

Oil gets more expensive, and Brent is at $97.18 a barrel

Prices for benchmark oil are increasing in Wednesday’s trading.

Crude oil Brent exceeds $99 a barrel

The growth of oil prices of benchmark grades accelerated on Tuesday due to the deterioration of the geopolitical situation in eastern Ukraine

After Putin's decision, natural gas prices in Europe rose

Natural gas prices on European exchanges rose sharply against the background of Russia's recognition of the independence of the separatist "DNR" and "LNR".

Oil grows in price, and Brent is at $96.80 a barrel

Benchmark oil prices are rising in Tuesday's trading.

Breakers of rules of maintenance of gas installations to be fined

Azerbaijan has amended the Code of Administrative Offences.

Qatari company may build wind farms in liberated territories

Energy Minister Parviz Shahbazov held a number of meetings in Doha as part of the events of the Gas Exporting Countries Forum (GECF).

Oil changes in different directions, and Brent is at $93.33 a barrel

Prices for oil of standard grades are moving in different directions in Monday’s trading.