Cost of oil has grown, and Brent is traded above $69 a barrel

Prices for oil of standard grades are increasing in Wednesday’s trading, anticipating an increase in the demand and an easing of coronavirus restrictions in the U.S. and Europe

Azerbaijani gas supplies via TAP pipeline to Italy doubled

Oil rises in cost, Brent is at $68.90 per barrel

Benchmark oil prices are increasing steadily in Tuesday's trading amid optimism about recovery in the fuel demand

SOFAZ's income from ACG decreased by 27%

Over Jan-Apr 2021 the revenues of the State Oil Fund of Azerbaijan (SOFAZ) from oilfield block Azeri-Chirag-Guneshli amounted to $1.437 million.

Azerkabel suffered a loss of over AZN 11,000 last year

Azerkabel completed 2020 with loss of AZN 11,609

Oil falls in value, and Brent is at $67.39 a barrel

Cost of oil is decreasing in Tuesday’s trading after rising the day before

Azerbaijan Energy Regulatory Agency’s profit falls sharply

The profits of the Azerbaijan Energy Regulatory Agency (AERA) under the Ministry of Energy fell sharply

A green energy zone to be created in liberated territories – President allocated money to Energy Ministry

President Ilham Aliyev has signed an order on the measures aimed to create green energy zone in the territories liberated from the occupation

Oil falls in price, and Brent is at $66.42 a barrel

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

President has signed an order on construction of a wind farm

The president has signed an order on the construction of a wind farm

Cost of oil declines, and Brent is at $68.14 a barrel

Prices for oil of benchmark grades are decreasing in Friday’s trading, after rising the day before up to the highest levels over the past 1/5 month

SCP operating costs exceed $13 million

BP Azerbaijan has published a report following the 1st quarter of 2021

Shah Deniz daily production capacity is 58 million cu m

BP-Azerbaijan produced 5.1 bn cu m of gas from Shah Deniz field for the 1st quarter of 2021 (8.5% more versus Q1 of 2020).

BTC carried 482 million tons of crude oil in Q1

In the 1st quarter of 2021 operating expenses on the Baku-Tbilisi-Ceyhan (BTC) oil pipeline amounted to about $41 million

Oil & gas export from Sangachal terminal reported

60 million barrels of oil and condensate were exported from the Sangachal terminal via the Baku-Tbilisi-Ceyhan (BTC) and the Western Export Pipeline for the 1st quarter of 2021

SOCAR received 1 bn cu m of associated gas from ACG for past 3 months

In the 1st quarter of 2021 three oil-producing and two water-injection wells were drilled at Azeri-Chirag-Guneshli

ACG production reached 6 million tons in Q1

ACG capital expenditures totaled $463 million

BP Azerbaijan has announced the results of the 1st quarter of 2021

Oil rises in price after publication of data on U.S. stocks, and Brent is at $67.47 a barrel

Oil prices of standard grades are increasing in Thursday’s trading after the publication of data from the U.S. Department of Energy on energy reserves in the U.S.

Three committees established for SOCAR improvement

The Supervisory Board of the State Oil Company has held today a regular meeting

Oil drops in value, and Brent is at $66.39 a barrel

Prices for oil of standard grades are slightly lowering in Wednesday’s trading after the publication of data from the American Petroleum Institute (API) about the growth of reserves in the U.S.