Russia has given two loans to Cuba for supply of oil and petroleum products

Russia has given two loans to Cuba for the supply of oil and petroleum products, one of them has already been fulfilled.

Oil prices change in different directions, Brent - $83.51 a barrel

Prices for oil of benchmark grades are moving in different directions in Tuesday's trading.

Azerbaijan sharply increased gas exports to European countries in 2023

Azerbaijan, along with Italy, sharply increased natural gas exports to Greece, Romania and Bulgaria in 2023.

Data unveiled on project of Shafag solar power plant

The final investment decision on the construction of the Shafag solar power plant (Sunrise) in Jabrayil district will be made in the 2nd half of this year

Georgia allocated $33 million to buy gas in Azerbaijan last month

In January 2024, Georgia imported 287.1 million cu m of gas (206,700 tons) from Azerbaijan (20.2% less versus January 2023),

The Economist: Azerbaijan is among main sources of gas production growth

Oil and gas production, supported by high prices, will continue to grow.

Azerbaijan’s gas supplies to Italy via TAP drop for 2023

Gas supplies from Azerbaijan to Italy via the Trans Adriatic Pipeline (TAP) in 2023 amounted to about 10 bcm (3.2% less than in 2022)

Oil price goes down, Brent is at $82.82 a barrel

Prices for oil of benchmark grades are declining in Monday’s trading after a rise following the past week.

Data unveiled on natural gas sold abroad for January

In January 2024, Azerbaijan sold 1.93 bcm of natural gas abroad.

Oil price is stable, Brent - $82.78 a barrel

Prices for oil of benchmark grades fluctuate slightly in Friday’s trading after growth the day before.

A solar power plant to be built in Jabrayil by end of 2025

Baku Oil Refinery lowered volume of produced fuel

The volume of fuel used in Azerbaijan mainly for cars showed a decline in January.

Revenues from sale of motor gasoline and diesel fuel amounted to 227.1 million manats

The income from sale of automobile fuel in the retail trade network of Azerbaijan in January 2024 has been published.

We need sustainable oil production, and we’ve set this task before investors

Oil price goes down, and Brent is at $81.28 a barrel

Prices for oil of benchmark grades continue falling in Thursday’s trading after a drop the day before amid growth of raw materials stocks in the U.S.

Azerbaijan purchased crude oil from other countries for $1.077 bn in 2023

Our country bought 1,917,790 tons of crude oil from abroad for a total statistical value of $1.77 bn.

Roughly 72 million cu m of gas is extracted at Shah Deniz daily

Currently, about 72 million cu m of gas are produced daily at Shah Deniz field (the Azerbaijani sector of the Caspian Sea).

SOCAR to provide oil to TK-Oil plant in Tajikistan

Data unveiled on Azerbaijan's electricity exports for January

This January, Azerbaijan generated 2.4 bn kWh of electricity, exported 116.3 million kWh, and imported 19 million kWh.

New appointment at BP Azerbaijan

The new appointment has taken place at BP Azerbaijan.

Kazakhstan has doubled oil transportation through Azerbaijan