Oil field Karabakh to allow increasing employment

Discovery of a new oil field in Azerbaijan will allow increasing oil production in the country.

SOCAR president: Karabakh field to make a significant contribution to Azerbaijan`s oil revenues

Oil prices slump in search of bottom, Azeri Light falls by 16%

After Wednesday`s drop, prices of oil of standard grades are rising slightly in Thursday`s trading.

Price of oil Light falls below $25 first time since 2002

The price of a barrel of crude oil Light has fallen below $25 for the first time over the past 18 years

Oil prices keep on falling, Azeri Light fell in cost by $0.20

After falling on Tuesday, oil prices continue their declining in Wednesday`s trading

SOCAR Marine becomes leader in international marine fuel market

Since 2013 SOCAR Marine, operating in the international marine fuel sector, has become the leader of the sector with 600,000 tons of sales in 2019

Oil prices grow after a strong fall, Azeri Light drops by 11%

Prices for oil of standard grades are rising during Tuesday`s trading after their strong fall the day before

Oil prices rise, and Azeri Light grows by 2.44%

Oil of standard grades increased in price on the last day of the past week and started to decline again in today`s trading

Fitch Ratings confirms long-term rating of eurobonds of Southern Gas Corridor CJSC in foreign currency

International rating agency Fitch Ratings has confirmed the long-term rating of eurobonds of Southern Gas Corridor CJSC in foreign currency at BB+

President orders to allocate funds for additional gasification measures

President Ilham Aliyev has signed an order on additional measures for gasification of the Absheron, Khizi, Siyazan and Shabran districts

Coronavirus hysteria in world goes on, knocking down prices in market

Azeri Light falls by 10%

Price of Brent oil falls more than by 7% and WTI by 6.4%

In today`s trading the oil prices accelerated their decline because of growing fears that the demand for oil is expected to fall

President has signed a decree on gasification of some districts

President Ilham Aliyev has signed a decree on additional measures concerning gasification of populated localities in the Agdash and Goychay districts

Oil prices drop, and Azeri Light falls by 1.18%

Oil prices continue their decline after falling the day before

SOCAR`s new petrochemical complex in Turkey to be commissioned in 2024

A new SOCAR petrochemical complex to be constructed in Turkey will be put into operation in 2024

SOCAR and McKinsey to make a development plan – work is underway

SOCAR president Rovnag Abdullayev discussed with Uzbekneftegaz’s chairman of board Mehriddin Abdullayev the questions of exchange of experience

Oil prices rise

Prices for oil of benchmark grades played back about half of the drop that occurred on Monday

Novak: Oil price recovery may take several months

Recovery of oil prices will take several months

The largest decline in oil prices occurred yesterday for last 30 years

On 9 March the sharpest decline in oil prices over the past 30 years was recorded at world exchanges

In February Azerbaijan produced 750,600 bpd daily

Fatih Birol: Low oil price not to last forever

The decline in oil prices will continue and that will create a big problem for exporting countries