SOCAR buys three tankers

SOCAR has bought three Aframax-class tankers for $120 million for transportation of crude oil

Oil falls in price, and Brent is at $65.71 a barrel

Prices for oil of standard grades are decreasing in Monday’s trading amid the fears that the epidemiological situation may worsen in some countries

SOCAR withdraws from management of Antipinsky Oil Refinery

Oil rises in price, and Brent is at $65.77 a barrel

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

Oil falls in cost, and Brent is at $65.01 a barrel

Prices oil of standard grades are lowering on Thursday amid the data about the growth of oil reserves in the U.S. and concerns about the fuel demand in connection with the growing incidence of Covid-19 around the world

Oil declines in value, and Brent is at $66.17 a barrel

Oil prices are falling in Wednesday’s trading because of an increase in the incidence of Covid-19 in a range of countries

Garasu substation commissioned in Hajiqabul

A 110/35/10 Kv ‘Garasu’ substation has been launched in Hajiqabul district

Cost of oil grows, and Brent is at $67.70 a barrel

Oil keeps on rising in Tuesday’s trading

Gasoline imports in Azerbaijan sharply doubled

The volume of gasoline imported in Azerbaijan for Jan-Feb of this year has been published.

A power transmission line is laid from Dashkesan to Kelbajar

Azerenerji is laying a power transmission line from Dashkesan district to Kelbajar district

Countries which imported most of all oil from Azerbaijan

Over Jan-Mar 2021 Azerbaijan exported 3.6 million tons of oil to Italy for $1.358 bn

SOCAR rep: Second production platform to be built at Umid field

SOCAR plans to build and put into operation a second production platform at Umid field located in the Azerbaijani sector of the Caspian Sea in a few years

Azerbaijan's natural gas exports increased sharply

Over the first 3 months of 2021 the volume of natural gas export from Azerbaijan has increased much

President took part in opening of substations

On 19 April President Ilham Aliyev attended the opening of the 220/110/10 KV Govsan substation of Azerenerji OJSC in Surakhani district

Oil falls in cost, and Brent is at $66.67 a barrel

Oil prices are declining after a jump following the past week

SOCAR published a report for Q1 - more than AZN 1.4 million tons of oil refined

The oil refining complex of the Azerbaijan State Oil Company (SOCAR) has processed more than 1.4 million tons of oil and more than 1.1 bn cu m of natural gas

Oil keeps on rising in price, and Brent is at $67.33 a barrel

Oil prices are increasing in Friday’s trading due to optimism about the prospects for energy demand

Azerbaijan suspends heating season from today

Starting from today, Azeristiliktedzhizat will stop supplying heat both in Baku and in the districts of the country

Oil prices fluctuate, and Brent is at $66.61 a barrel

Prices of oil of standard grades on Thursday have moved weakly and in different directions after the day before they reached the highest level since mid-March

Electricity generation increased last month

In March 2021, Azerbaijan generated 2.364 bn kWh of electricity

Oil has grown in price, and Brent is at $64.59 a barrel

Prices for oil of standard grades are increasing in Wednesday’ trading, after the release of data from the American Petroleum Institute about decline in U.S. inventories