State-run company evacuates its employees

As a result of the strengthening of offshore platforms and structures, the stability of the infrastructure to the waves has increased even more recently

Has the preferential gas limit for the districts been increased?

The Cabinet Ministers has reacted to the proposal to increase the limit of preferential gas for districts with high mountain coefficient

Oil rises in cost, and Brent is at $68.30 a barrel

Benchmark oil prices are growing in Thursday’s trading, despite the data about last week’s growth of oil reserves in the U.S.

EIA increases oil production forecast in Azerbaijan

Oil has fallen in value, and Brent is at $66.89 a barrel

Oil prices are declining in Wednesday’s trading amid the data from the American Petroleum Institute, which showed another jump in U.S. inventories

Survey results: Gas meter readings are incorrect

The Media Analysis Center has conducted a survey to study the public opinion about the activities of public utilities.

Survey: People discontent with power outages

A survey was conducted from 25 to 28 February to study the public opinion about activities of public utilities

Oil grows in price, and Brent is at $68.67 a barrel

Oil prices are increasing in Tuesday’s trading

Exchange rate of Azerbaijani manat for 9 March

Azerbaijani manat rate has grown to the euro, while is stable to the US dollar and to the Russian ruble

Oil continues rising in cost amid OPEC+ decision, and Brent has grown up to $68.32 a barrel

Oil prices continue growing on Friday amid the OPEC+ decisions

5 petrochemical plants to be built in this country

Five petrochemical plants are to be constructed in Kazakhstan by 2025

OPEC+ agreement fulfilled by 103% this year

OPEC+ countries have met their commitments to reduce oil production by 103% this year

SOFAZ clarifies matter of Shah Deniz revenue reduction

Within the framework of the project of the development of Shah Deniz gas condensate field in the Azerbaijani sector of the Caspian Sea, there are certain agreements with various buyers.

Time of next OPEC+ meetings announced

The next, 28th meeting of the Joint Monitoring Committee of the Ministers of OPEC and some non-OPEC countries will be held on 31 March

Georgia has increased electricity volume bought from Azerbaijan

Oil price keeps on growing, and Brent is at $67.85 a barrel

Oil prices continue to rise in Friday’s trading after the OPEC+ decision

Oil grows in price, and Brent is at $64.56 a barrel

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

Data on SOFAZ's income on two fields unveiled

The State Oil Fund of Azerbaijan (SOFAZ) has released revenues on Azeri-Chirag-Guneshli (ACG) and Shah Deniz fields

Petkim exceeded forecasts – its profit has grown

The net profit of Petkim, a large partner of SOCAR, amounted to 1.07 bn Turkish liras in 2020

Oil value grows, and Brent is at $62.90 a barrel

Prices for oil of standard grades are rising in Wednesday’s trading, despite data from the American Petroleum Institute released on Tuesday night, showing an increase in U.S. inventories last week

SOCAR to cooperate with an American company

The Turkish ‘daughter’ of the State Oil Company of Azerbaijan (SOCAR), SOCAR Turkey, will work together with the American company to turn its operations into a hybrid using IBM cloud technologies