BP discloses volume of investments in Azerbaijan

BP revealed the volume of investments in its projects implemented in Azerbaijan and the region.

Oil price goes up, Brent - $82.30 per barrel

Prices for oil of benchmark grades are rising in Wednesday’s trading after a drop the day before.

SOFAZ's revenues from Shah Deniz decreased 6.82-fold

The State Oil Fund of Azerbaijan received revenue of $78.5 million for Jan-Feb 2024 from Shah Deniz field located in the Azerbaijani sector of the Caspian Sea

SOFAZ received $862 million from ACG in 2 months

Oil keeps on falling in price, Brent - $82.61 per barrel

Prices for oil of benchmark grades continued to decline in Tuesday’s trading after a drop at the end of the last session.

Price of oil changes slightly, Brent - $83.57 a barrel

The prices for oil of benchmark grades are changing in different directions in Monday’s trading after the rise following the past week.

Two stations to be constructed in Azerbaijan

Foundations for 2 plants with a total capacity of 760 MW will be laid on the eve of COP29, Energy Minister Parviz Shahbazov wrote on X

ACG deep gas production to begin in 1st quarter of 2025

Natural gas production will begin in the first quarter of next year as part of the project to develop the deepwater part of the Azeri-Chirag-Guneshli block.

President Ilham Aliyev received EU Commissioner for Energy

Two documents to be signed during Kadri Simson's visit

Two cooperation documents will be signed during the visit of European Union Commissioner for Energy Kadri Simson to Azerbaijan.

Oil price goes up, Brent - $82.25 per barrel

Prices for oil of benchmark grades are increasing in Friday’s trading after a rise in February.

Cost of oil goes down, Brent - $82.11 per barrel

Prices for oil of benchmark grades are declining in Thursday’s trading.

Oil price goes down, and Brent - $82.36 a barrel

Pices for oil of benchmark grades are declining in Wednesday's trading.

EBRD to give first loan to Azerbaijan for green transition

Oil is stable after rise the day before, Brent - $81.70 per barrel

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

Azerbaijan became main exporter of oil to these countries

Azerbaijan took the 1st place on oil supplies to Italy and Croatia in 2023, ABC.AZ reports with reference to Eurostat.

Another country starts buying gasoline AI-92 from Azerbaijan

Azerbaijan has started exporting gasoline AI-92 to Uzbekistan since December 2023.

Oil keeps on falling in price, Brent - $81.27 a barrel

Prices for oil of benchmark grades are falling in Monday’s trading after a drop on Friday and last week.

Oil price goes down, Brent is at $83.27 a barrel

Prices for oil of benchmark grades are declining in Friday’s trading.

Azerbaijan to initially export 4 GW of green energy to Europe

Azerbaijan will initially export 4 GW of green energy to Europe.

Baku power plant generated 8.86 bn kWh of electricity

Since its commissioning until February 1, 2024 the Baku modular power plant has generated a total of 8.86 bn kWh of electricity.