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  • Fuel and Energy
  • item

    Cost of Azeri Light has increased, Brent and WTI falls

    The price of a barrel of Azerbaijan's oil Azeri Light has increased by $0.23

    25 May - 13:00

  • item

    Cost of Azerbaijani oil has fallen

    The price of a barrel of Azerbaijan's oil Azeri Light on the world market has decreased by $1.43

    24 May - 11:53

  • item

    Energy Regulation Agency’s equity capital increased from AZN 1,000 up to AZN 8 million

    Azerbaijani President Ilham Aliyev has signed a decree on the amendments to the Regulation of the Energy Regulation Agency

    23 May - 12:50

  • item

    Cost of Azeri Light has risen

    The price of a barrel of Azerbaijan's oil Azeri Light on the world market has grown by $1.42

    23 May - 11:52

  • item

    Azerbaijani President: Azerbaijan and Serbia have promising prospects for cooperation in energy sector

    Azerbaijan and Serbia intend to develop cooperation in the energy sector

    22 May - 12:24

  • item

    High-voltage equipment maker opened in Baku

    A plant on production of high-voltage equipment has opened in Surakhan district of Baku.

    22 May - 12:07

  • item

    Price of Azerbaijani oil has grown

    The price of a barrel of Azerbaijan's oil Azeri Light on the world market has increased by $0.24

    22 May - 12:06

  • item

    China’s SINOSURE shows an interest to cooperation with SOCAR

    China State Export Credit Insurance Corporation (SINOSURE) is interested in cooperation with the State Oil Company of Azerbaijan (SOCAR).

    21 May - 16:52

  • item

    Price of Azerbaijani oil exceeds $81 a barrel

    The price of a barrel of Azerbaijan's oil Azeri Light on the world market has increased by $2.21 (2.80%).

    18 May - 12:05

  • item

    2.93 bn barrels of oil carried by BTC as of 1 April

    In Q1 of the year BTC Co spent $538 million on the Baku-Tbilisi-Ceyhan (BTC) pipeline

    17 May - 16:52

  • item

    $362 million invested in Contract of Century in Q1 of 2018

    About 54 million barrels or 7 million tons of oil in total were produced from Azeri-Chirag-Gunashli oilfield block for Jan-Mar 2018

    17 May - 16:46

  • item

    Price of oil Azeri Light hs declined

    The price of a barrel of Azerbaijan's oil Azeri Light on the world market has increased by $0.46

    17 May - 12:07

  • item

    Price of oil Azeri Light exceeds $79

    The price of a barrel of Azerbaijan's oil Azeri Light on the world market has increased by $0.67

    16 May - 12:18

  • item

    Price of oil Azeri Light rises

    The price of a barrel of Azerbaijan's oil Azeri Light on the world market has increased by $0.81

    15 May - 11:43

  • item

    Oil production in Azerbaijan fell by 0.6%

    Oil production in Azerbaijan fell by 0.6%

    14 May - 13:06

  • item

    Price of oil Azeri Light has declined

    The price of a barrel of Azerbaijan's oil Azeri Light on the world market has decreased by $0.19

    11 May - 11:48

  • item

    Azerbaijan’s Oil Fund received $2.8 million from profit oil sale from ACG block in 2018

    The State Oil Fund of Azerbaijan (SOFAZ) has received $2.823 million from sale of profit oil from oilfield block Azeri-Chirag-Gunashli (ACG) since early 2018

    10 May - 17:07

  • item

    Azerbaijan meets its obligations within OPEC/NOPEC

    The daily volume of oil production in Azerbaijan for April 2018 totaled 785,700 barrels, including 755,700 barrels of crude oil and 30,000 of gas condensate

    10 May - 16:03

  • item

    Azerbaijani oil price approaches to $78 a barrel

    The price of Azerbaijan's oil Azeri LT CIF on the world market has grown by $2.99

    10 May - 11:52

  • item

    Azerbaijani and Iranian energy ministers discuss project of joint energy corridor with Russia

    Azerbaijan's Energy Minister Parviz Shahbazov has completed his visit to Iran.

    8 May - 11:43

  • item

    BHOS and Integrated Drilling Trust sign Cooperation Agreement

    A meeting of management of SOCAR’s Integrated Drilling Trust (IDT) and fourth and five-year students of Baku Higher Oil School (BHOS) took place at the Higher School’s campus. At the meeting, BHOS rector Elmar Gasimov and Head of the Integrated Drilling Trust Iskender Shirali signed a Cooperation Agreement.

    8 May - 10:57

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