Oil cheapens amid data about U.S.’ reserves, and Brent is at $42.95 a barrel

Oil prices fell during Wednesday’s trading amid the expectations of the publication of the data about oil reserves in the U.S.

Azerbaijan is main gas supplier to Georgia

Russia`s oil export fell by 3%

Over Jan-May 2020 Azerbaijan`s northern neighbor Russia recorded a decrease in oil exports

Oil falls in price, and Brent price drops to $42.80 a barrel

Oil prices are decreasing in Tuesday`s tarding

Oil prices change differently, Brent rose up to $43.12 a barrel

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

SOCAR delivered 25.1 million tons of oil to Indonesia for 15 years

Saudi Arabia threatens OPEC+ states with an oil war

Saudi Arabia has threatened the OPEC+ countries with an oil war

Oil prices fall, and Brent is at $42.65 a barrel

Oil prices are falling in Friday’s trading after their rise the day before

SGC revenues grew by 78.5%

The total assets of Southern Gas Corridor CJSC (SGC) amounted to $12.655 bn as of 1 January 2020

Energy Minister: Stability in the oil market is in interests of all oil producers

Expectations: Downward trend in oil demand to weaken

It is important to expand the OPEC+ format with the involvement of other key oil producers

Energy Minister: We must be more open to innovations

Azerbaijani Energy Minister Parviz Shahbazov touched upon some nuances related to global energy and unstable energy

Bakhtiar Aslanbeyli: BP is committed to its obligations

BP is preparing to drill the first exploration well in the Absheron prospective area (SWAP) and is processing seismic surveys conducted in the D230 prospective structure

BP not to stop its exploration activity in Azerbaijan

Despite the termination of prospecting and exploration projects in a range of countries, British company BP is going to continue exploration in Azerbaijan.

Oil price is stable after rise the day before, and Brent is at $42 a barrel

Prices for oil of standard grades are changing weakly on Thursday after rising the day before

President has signed a decree on State Oil Company

President Ilham Aliyev signed a decree approving the list of licenses and permits that are not required for relevant activities of the State Oil Company

SOCAR paid large amounts of bonuses to managers

Over the past year SOCAR has paid remuneration for AZN 1.404 million to its top managers

Price for petrol Premium AI-95 has grown in Azerbaijan

Since today prices for gasoline AI-95 have increased by 0.10 manats in Azerbaijan

Socar`s share in some subsidiaries has increased

Last year Socar increased its participation in some of its subsidiaries

Socar received AZN 51.1 bn from sale of crude oil last year

Socar has released its consolidated financial statements for 2019

SOCAR earned about AZN 85 bn for 2019

SOCAR has published its consolidated financial statements for 2019