Forecast: ACG oil production to decrease next year

In 2023, crude oil production from Azeri-Chirag-Guneshli block of fields is projected at the level of 129.6 million barrels.

Oil price grows, and Brent is at $85.31 a barrel

Prices for oil of benchmark oil prices are rising in Tuesday's auction

Shah Deniz gas contributes to energy security of region and Europe

Oil gets cheaper, and Brent is at $81.24 a barrel

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

SOCAR Petroleum to undergo inspections

Ilham Aliyev: Gas production at Absheron field to begin in 2023

EU countries agree to exclude Russian gas from joint purchases

Oil prices grow, and Brent is at $85.68 a barrel

Prices for oil of benchmark grades are increasing in Friday’s trading, but end the week with decline.

SOCAR in Ukraine provided its gas stations with generators

MP: This will affect the price of Azerbaijani oil

The price limit that European countries will impose on the price of Russian oil will also have an impact on the price of Azerbaijani oil.

Oil keeps on getting cheaper, and Brent is at $85.20 a barrel

Prices for oil of benchmark grades continue falling in Thursday’s trading after a drop at the end of the previous session.

EU explores possibility of introducing price ceiling on oil from Russia

The EU, in coordination with G7, is considering the possibility of introducing the price ceiling on Russian oil at $65-70 per barrel.

Cost of oil drops, and Brent is at $88.22 a barrel

Prices for oil of benchmark grades are decreasing in Wednesday’s trading after a rise in the previous session.

Kazakhstan to supply 1.5 million tons of oil via BTC

Kazakhstan is conducting work with the purpose to determine the oil producing company to transport Kazakh oil through the territory of Azerbaijan starting from 2023.

Oil gets more expensive, and Brent is at $87.83 a barrel

Prices for oil of benchmark grades are rising in Tuesday’s trading after a weak decline the day before.

Oil price falls, and Brent is at $86.71 a barrel

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

Russia resumes gas supplies to Azerbaijan, suspended since 2019

Russian company Gazprom resumed gas supplies (exports) to Azerbaijan in accord with a new agreement with SOCAR

Cost of oil rises, and Brent is at $90.42 a barrel

Prices for oil of benchmark grades are increasing in Friday’s trading after strong fall at the end of the previous session.

President has made changes in SOCAR Supervisory Board

Zahid Oruj: Management of Fuzuli and Zangilan airports should not be transferred to AZAL

MP Zahid Oruj spoke about AZAL's debt to the state.

Aghdam-Khankendi gas pipeline to be built

Azerbaijan will construct gas pipeline Aghdam-Khankendi.