Cost of oil keeps on rising, Brent is at $94.89 a barrel

Prices for oil of benchmark grades continue growing in Thursday’s trading after a sharp jump the day before.

Sweden uses renewable energy sources most of all

The countries that use renewable energy sources the most have become known.

Nankhchivan to host Azerbaijan-Türkiye Energy Forum

List of countries with the highest oil consumption

Most of all oil is consumed in the USA - 20 million barrels of oil daily.

Diesel fuel production in Azerbaijan exceeds 22%

Azerbaijan’s kerosene production for past 8 months

Oil price goes up, and Brent is at $93.22 a barrel

Prices for oil of benchmark grades continue growing in Wednesday's trading after the rise the day before.

Oil price goes down, Brent is at $91.53 a barrel

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

President: I am sure this project will be successfully realized

Ilham Aliyev: Igdir-Nakhchivan gas pipe to give new impetus to our ties with Türkiye

The construction of Igdir-Nakhchivan gas pipeline will give new impetus to our relations with Türkiye.

Groundbreaking ceremony of Igdir-Nakhchivan gas pipeline took place

The groundbreaking ceremony of Igdir-Nakhchivan gas pipeline was held in Nakhchivan on September 25, after a one-on-one meeting between Azerbaijani President Ilham Aliyev and Turkish President Recep Tayyip Erdogan.

Oil price goes up, and Brent is at $92.25 a barrel

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

Gasoline on stock exchange in Russia fell by 10%

The exchange price of gasoline and diesel fuel in the European part of Russia declined more than by 10% following Friday’s trading after the introduction of restrictions on fuel exports.

202 bcm extracted from Shah Deniz field

The Shah Deniz field, located in the Azerbaijani sector of the Caspian Sea, has produced 202 bcm of gas to date.

State Budget oil & gas revenues to make up 49.6% in 2024

Natural gas in Europe fell by 5%

During today's auctions, the price of 1,000 cu m of gas in Europe fell below $400.

High-voltage power line to be laid between Azerbaijan and Türkiye

A high-voltage power transmission line between Azerbaijan and Türkiye will be designed this year.

President Ilham Aliyev received Chair of bp Board

President Ilham Aliyev has received Chair of the Board of bp Helge Lund.

Daily production of crude oil for August reaches 498,000 barrels

This August, daily oil production (together with condensate) amounted to 620,000 barrels.

Growth is observed on shortage of diesel fuel in world

The world's diesel fuel producers are no longer able to produce it in the quantity that is needed to satisfy the needs of all consumers

Oil price rises, and Brent is at $94.93 a barrel

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