Asian oil and gas companies replace European ones in Azerbaijan

To date, 648.4 million tons of oil produced from two fields in Azerbaijan

Price of Azerbaijani oil has grown

Azerbaijani crude oil Azeri Light (CIF) has increased in value at the world markets.

In 11 months, gas extraction totaled 45.8 bcm in Azerbaijan

According to operational data, oil and condensate production in Azerbaijan for Jan-Nov 2024 amounted to 26.5 million tons, and exports - 22.2 million tons.

Oil price goes up, Brent - $72.56 a barrel

Prices for oil of benchmark grades are rising in Wednesday's trading.

Management of South Gas Corridor entrusted to SOCAR

Azerbaijani oil has risen in price

Oil price goes down, Brent - $71.77 a barrel

Prices for oil of benchmark grades are declining in Tuesday’s trading after griwth following the the previous session.

President endorses protocol of agreement between Azerbaijan, Georgia, Romania and Hungary

President Ilham Aliyev has approved a protocol on amendments to the strategic partnership agreement between Azerbaijan, Georgia, Romania and Hungary.

Bad news for oil exporting countries: U.S. to sharply increase oil exports

Equinor's activity in Azerbaijan has ended

Socar Gas Georgia to acquire gas pipelines in regions of Georgia

The Georgian government has approved the direct sale of gas pipelines in areas in western Georgia to Azerbaijani company Socar Gas Georgia for GEL 19.8 million.

Oil price goes up, Brent - $71.48 a barrel

Prices for oil of benchmark grades are rising in Monday's trading.

SOFAZ's revenues from Shah Deniz field decline 3-fold

SOFAZ income from ACG decreased

A 400-m horizontal oil well to be drilled in Azerbaijan first time

Azerbaijani oil has fallen in price

Azerbaijani oil Azeri Light (CIF) has dropped in price at the world markets.

Oil prices are stable, Brent - $72.04 a barrel

Prices for oil od benchmark grades stabilized in Friday’s trading.

Gas prices in Europe to gradually decrease - Forecast

The International Banking & Financial Services Corporation of the Netherlands ING (Internationale Nederlanden Group) has published a forecast on the average price of natural gas in Europe.

SOCAR and Yokogawa Electric sign a memorandum

ONGC Videsh seeks to expand cooperation with SOCAR in Azerbaijan and beyond

Indian energy company ONGC Videsh has invested approximately $1.5 billion in Azerbaijan's economy to date, Kalyana Raman Rengara, head of the company's Azerbaijan branch told Report.