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  • Fuel and Energy
  • item

    Oil continues rise in price after growth the day before, and Brent grew up to $36.50 a barrel

    Prices for oil of standard grades are increasing during Thursday`s trading after rising for the second week in a row

    21 May - 11:44

  • item

    Georgia lowers oil imports by 19%

    Georgia imported natural gas for $157.7 million for Jan-Apr 2020

    20 May - 11:55

  • item

    Cost of oil continues growth, Brent risen up to $34.97 per barrel

    Oil prices in Wednesday`s auction are increasing moderately after the rise-fall in the trading the day before

    20 May - 11:36

  • item

    Oil price keeps on rising, and Brent has grown up to $35 a barrel

    Oil prices continued to grow on Tuesday after rising at the end of the previous session, amid the gradual opening of economies around the world and signals of increased demand with production cuts

    19 May - 10:31

  • item

    Oil prices continue rising, and Brent is traded at $33.59 a barrel

    Oil prices are rising in Monday’s trading after rising at the end of last week

    18 May - 11:24

  • item

    SOCAR to sell diesel cheaper to Georgian farmers - Contract

    A contract has been signed between the Ministry of Agriculture of Georgia and Socar Georgia Petroleum

    15 May - 18:01

  • item

    Average price of electricity has decreased in Azerbaijan

    The consumer price index for paid services to the population for April 2020 made up 99.3% compared with the previous month and 100.4% compared with April 2019

    15 May - 16:08

  • item

    Azerbaijan fulfilled its production cut obligations for first 10 days of May

    Azerbaijan, which has undertaken the commitment concerning the stabilization of the world oil market for the first time, has been reducing daily oil production in accordance with its quota since 1 May

    15 May - 12:50

  • item

    Production cuts play their role in positive trends on the oil market

    Azerbaijan highly appreciates the efforts of the participants of the Declaration of Cooperation to accelerate the restoration of stability and balance in the world oil market and provides them with the necessary support

    15 May - 12:43

  • item

    Oil prices rise, and cost of Brent is above $31 a barrel

    Oil continues to rise in price in trading on Friday, after increasing at the end of trading on Thursday

    15 May - 11:28

  • item

    Azerbaijan lowers electricity export

    Azerbaijan has unveiled data on the electricity it generated for Jan-Apr of the year

    14 May - 17:43

  • item

    Azerbaijan increases generating electricity

    Over January-April 2020 Azerbaijan’s electricity generating grew by 68.2 million kWh (versus the 2019 same term) up to 8.896 bn kWh

    14 May - 17:17

  • item

    Oil price rises after decline the day before, Brent is at $29.4 a barrel

    Oil of standard grades is rising in cost in Thursday`s trading after falling the day before

    14 May - 11:44

  • item

    Trump explains cause of oil price rise

    The volatility of oil prices on the world market is linked with the policy of Saudi Arabia

    13 May - 11:44

  • item

    Oil prices decline after rising the day before, while Brent is at $29.5 per barrel

    The cost of oil of standard grades is declining in Wednesday’s trading after rising the day before

    13 May - 11:36

  • item

    Number of Azerbaijani citizens working for BP published – over 2,000

    At the end of the 1st quarter the number of Azerbaijani citizens who are employees of BP reached 2,517, including employees working on a fixed-term contract

    12 May - 16:39

  • item

    $12 million spent on South Caucasus pipeline

    In the 1st quarter of 2020 approximately $12 million in operating expenses and approximately $2 million in capital expenditures were spent on activities related to the South Caucasus Pipeline and the expansion of the South Caucasus Pipeline

    12 May - 15:18

  • item

    17 wells drilled for Jan-Mar within Shah Deniz 2 Project

    During the 1st quarter of the year the Shah Deniz-2 team continued work on underwater rigs, including installing equipment in deep waters to begin production from the east-south flank of the field in 2021

    12 May - 14:47

  • item

    Production at Shah Deniz has increased

    In the first quarter of this year approximately $219 million in operating expenses and $219 million in capital expenditures were raised for Shah Deniz operations

    12 May - 14:37

  • item

    BP spent $25 million on BTC operations for 1st quarter

    BP Azerbaijan has published a report for Jan-Mar 2020

    12 May - 13:42

  • item

    On average 7.9 million cu m of ACG associated gas delivered daily to SOCAR

    In the 1st quarter of 2020 an average of 7.9 million cu m of gas per day was transferred from the Azeri-Chirag-Guneshli field (ACG) through the SOCAR terminal in Sangachal, as well as the installation on the Neft Dashlari (Oil Rocks), in total – 700 million cu m

    12 May - 13:21

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