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  • Fuel and Energy
  • item

    Energy balance to be developed in Azerbaijan – Decree

    The energy balance will be prepared in Azerbaijan.

    5 December - 15:12

  • item

    TotalEnergies to search for methane using drones in Azerbaijan

    5 December - 12:53

  • item

    Cost of oil goes up, and Brent is at $78.07 a barrel

    Prices for oil of benchmark grades are increasing slightly in Tuesday’s trading after falling the day before.

    5 December - 09:35

  • item

    SOCAR transfers to government for six months?

    4 December - 17:40

  • item

    Denmark’s Vestas can produce wind turbines for Azerbaijan

    Danish company Vestas, one of the world's largest producers of essential oils, can produce essential oils for Azerbaijan.

    4 December - 17:12

  • item

    Number of SOCAR employees has increased

    The number of employees of the State Oil company (SOCAR) for the first half of 2023 has been announced.

    4 December - 15:37

  • item

    Financing paid to SOCAR management for 6 months published

    4 December - 15:24

  • item

    SOCAR to build tanker for 29 million manats

    Baku Shipbuilding Plant LLC will produce a tanker for oil transportation by order of SOCAR.

    4 December - 15:16

  • item

    SOCAR's profit for six months published

    The State Oil Company (SOCAR) completed June 30, 2023 with net profit of 1.414 billion manats. SOCAR's profit for the same period of 2022 amounted to 4.624 billion manats.

    4 December - 12:47

  • item

    Oil price goes down, and Brent is at $78.35 a barrel

    Prices for oil of benchmark grades are falling in Monday’s trading.

    4 December - 09:30

  • item

    Scientists figured out how to increase efficiency of alternative energy sources

    1 December - 16:54

  • item

    Brazil joins OPEC+ in 2024

    Brazil will join the OPEC+ alliance from January 2024.

    1 December - 10:30

  • item

    Oil continues to fall in price, Brent - $80.66 a barrel

    Prices for oil of benchmark grades are declining in Friday’s trading after a sharp drop following the session on Thursday.

    1 December - 09:40

  • item

    Is Baku Oil Refinery closed?

    SOCAR will stop operation of the Heydar Aliyev Baku Oil Refinery in 2024 in connection with the next scheduled repair.

    30 November - 17:52

  • item

    About 55 bcm of gas pumped through TANAP by end of November

    Data on Azerbaijani gas supplies via the Trans-Anatolian Gas Pipeline (TANAP) to Türkiye and Europe has been published.

    30 November - 14:04

  • item

    Oil price goes up, and Brent is at $83.37 per barrel

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

    30 November - 09:45

  • item

    Ion Sterian: We import gas from Azerbaijan to ensure our energy security

    We import gas directly from Azerbaijan, the Caspian Sea region, to ensure our energy security.

    29 November - 12:33

  • item

    SOCAR representative office opens in Turkmenistan

    The opening of the representative office of the State Oil Company (SOCAR) in Turkmenistan took place in Ashgabat.

    29 November - 12:17

  • item

    Cost of oil is stable, and Brent is at $81.67 a barrel

    Prices for oil of benchmark grades change slightly in Wednesday’s trading after rising the day before.

    29 November - 09:35

  • item

    Volumes of oil and gas production from Chirag platform revealed

    Since the commissioning of the Chirag platform, more than 104 million tons of oil and about 24 bcm of gas have been produced.

    28 November - 15:21

  • item

    Azerbaijan increases gas supplies to Türkiye

    Azerbaijan exported 7.89 bcm of natural gas to Türkiye for Jan-Sept 2023 (23.1% more versus Jan-Sept 2022).

    28 November - 11:50

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  • News
  • Most popular
  • Sharp decline recorded on fast money transfers

    28 September 2026

  • ADY wants to spend a lot of money to buy rails

    28 September 2026

  • Azerbaijan earned $72.2 million from petroleum coke exports for Jan-Jun

    28 September 2026

  • Apple Hit with $5.7B Fine in Patent Dispute

    28 September 2026

  • SOCAR and Germany’s VNG company sign Strategic Cooperation Agreement

    28 September 2026

  • CBA management discuss some issues with Citigroup

    28 September 2026

  • Bloomberg: US-Iran Escalation Risks Triggering Global Oil Crisis

    28 September 2026

  • SOCAR becomes ‘Main Global Energy Sponsor’ of Italian national football teams

    28 September 2026

  • Italian PM Giorgia Meloni thnked Ilha Aliyev for SOCAR's decision

    28 September 2026

  • SOCAR and Comstock Resources explore possibility of selling LNG at international markets

    28 September 2026

  • New world of sports on Kinon TV: Azercell launches “Setanta Sports & TV” pack

    26 September 2026

  • Italian PM Giorgia Meloni thnked Ilha Aliyev for SOCAR's decision

    28 September 2026

  • Gold Price Drops to $4,198 Amid Rising Oil Prices and Rate Hike Expectations

    28 September 2026

  • Bloomberg: US-Iran Escalation Risks Triggering Global Oil Crisis

    28 September 2026

  • Sharp decline recorded on fast money transfers

    28 September 2026

  • SOCAR and Comstock Resources explore possibility of selling LNG at international markets

    28 September 2026

  • Azerbaijan earned $72.2 million from petroleum coke exports for Jan-Jun

    28 September 2026

  • ADY wants to spend a lot of money to buy rails

    28 September 2026

  • SOCAR becomes ‘Main Global Energy Sponsor’ of Italian national football teams

    28 September 2026

  • Central Bank currency rates for September 28

    28 September 2026



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