Türkiye breaks record for daily oil and gas production

Türkiye has broken new records for daily oil and gas production, according to country's Minister of Energy, Alparslan Bayraktar.

Norway to increase investments in oil and gas exploration

The Norwegian Offshore Directorate (NOD) intends to boost investments in oil and gas exploration to prevent a decline in the production of these energy resources, according to a press release from the organization.

Saudi Arabia's oil export revenues fall to three-year low

Saudi Arabia's revenues from oil exports have fallen to a three-year low.

Oil prices continue to plummet: Brent crude reaches $76.03 per barrel

Prices for benchmark crude oil grades are falling in Thursday's trading session after hitting their lowest levels since January in the previous session.

SOCAR expands co-op with Vietnamese energy companies

Natural gas prices drop at NYMEX

Price of Azerbaijani oil declined

Oil prices drop in world markets

Losses in main gas pipelines in Azerbaijan decreased sharply

From January to June of this year, Azerbaijan has seen a loss of 23.8 million cubic meters in oil pipelines, which is 37.4% less in annual comparison

Azerbaijan's revenues from main oil pipelines increased

In January-June 2024, Azerbaijan's revenues from main oil pipelines amounted to AZN 538 277,6 thousand, which is 0.5% more in annual comparison.

Azerbaijan observes increase in revenues from main gas pipelines

In January-June of this year, Azerbaijan’s revenues from cargo transportation by main gas pipelines amounted to AZN 1,359,813 thousand, which is an increase of 7.8% in annual comparison

Azerbaijan's Nakhchivan and Türkiye to ink Operational Agreement on energy export

Gas reserves in European UGS approach 90%

Nakhchivan embarks on green energy journey

The Nakhchivan Autonomous Republic has taken a significant step towards a sustainable future by initiating the development of a comprehensive "green energy" concept.

Oil prices keep falling in global markets

Global oil markets saw a drop in prices.

Azerbaijani oil price drops below $83

The price of Azerbaijan's Azeri LT CIF oil in the world market decreased by $1.27, or 1.52%, to $82.45 per barrel, Report informs.

SOCAR, Russia's Gazprom agree to expand strategic partnership

The State Oil Company of Azerbaijan (SOCAR) and Russia's PJSC Gazprom have reached an agreement to expand their multifaceted strategic partnership, Report informs referring to the press service of the Russian oil company.

Ilham Aliyev: North-South project is of exceptional importance for interstate relations between Baku and Moscow

The North-South project is of exceptional importance for the interstate relations between Baku and Moscow

Russia, Azerbaijan consider new joint project in Caspian shelf

Equinor shuts production at Gullfaks C platform

Türkiye plans to increase Black Sea gas production from 6 to 10 MCM