Demand for drilling rigs declines - Ramin Isayev

Rising costs are one of the main challenges we encounter in the development of the oil & gas industry

Natural gas export makes up 12.18% of Azerbaijan`s total export

Cost of exported oil and oil products exceeds $11 bn this year

Electricity for $63 million exported this year

Digitalization allows ensuring security - SOCAR rep

Currently, one of the main goals is creation of digital control system

This year natural gas export totaled $1.8 bn

The State Customs Committee has reported that Azerbaijan exported 9.1 bn cu m of natural gas for the first 9 months of 2019

In next 10 years oil & gas industry to develop even more – Total`s rep

The climate change has the main destructive impact in the oil & gas industry.

Production from Western Chirag platform suspended from today

From 15 October the production from Western Chirag platform has been suspended for almost 15 days

Nobel Oil Services’ subsidiary PROKON signed a contract with SOCAR-Uniper

Nobel Oil Services’ subsidiary PROKON signed a contract with SOCAR-Uniper

After attack on Iranian oil tanker oil price at world market rose by 2%

After the attack on the Iranian oil tanker in the Red Sea, the price of oil in the world market has increased by 2%

In September OPEC oil production fell by 1.3 million barrels

The daily production of crude oil by the Organization of the Petroleum Exporting Countries decreased in September

SOCAR`s investments in Turkey exceed $15 bn

Standard oil prices rise, while Azeri Light falls by 0.71%

The price of Azerbaijani oil Azeri Light decreased by $0.44 (0.71%)

Daily oil production reached 755,000 barrels in September

including 683,000 barrels of crude oil and 72,000 barrels of gas condensate

SAP CIS rep: New technologies we offer to SOCAR constantly appear in our company

We briefly thought about where to hold an international summit dedicated to modern technologies of the oil and gas industry

260,000 tons of naphtha supplied from refinery Star Petkim in 1st half of 2019

In the 1st half of this year 260,000 tons of naphtha were delivered from refinery Star Petkim

Star refinery has processed 4.5 million tons of crude to date

The Izmir-based refinery Star, owned by SOCAR, began operating at full capacity from the end of this September

This year`s global demand for oil to grow up to 840,000 bpd

The U.S. Energy information Administration expects global oil demand to grow up to 840,000 bpd in 2019, the EIA report says

OPEC Fund to give $32 million for health and energy sectors of Surinam

TANAP shareholders to earn $1.45 bn a year from project

Up to 1,000 projects implemented within TANAP