Oil drops in cost, and Brent is at $91.78 a barrel

Prices for oil benchmark grades are falling in Thursday’s trading after decline in the previous session.

These power plants generated most of all electricity in Azerbaijan

In October 2022, Azerbaijan generated 2.238 bn kWh of electricity.

Electricity generation in Azerbaijan grew by 3.8%

Production of motor oils has increased in Azerbaijan

For Jan-Sept the volume of motor oils produced in Azerbaijan has increased much.

Value of oil falls, and Brent is at $93.21 a barrel

Prices for oil of benchmark grades are declining in Wednesday’s trading after rising at the end of the last session.

Ilham Aliyev: We have rich gas reserves

President Aliyev: Azerbaijani gas contributes to Europe's energy security

Today, Azerbaijani gas contributes to Europe's energy security.

7 boiler houses with capacity of 8,110 kWh built in Shusha

Oil gets cheaper, and Brent is at $92.85 a barrel

Prices for oil of benchmark grades are declining in Tuesday’s trading, falling the day before because of deterioration of OPEC's forecast on oil demand.

China to benefit from application of ceiling of prices for Russian oil

U.S. Treasury Secretary Janet Yellen made a statement about China.

Heat supply to apartments begins from tomorrow

Oil price grows, and Brent is at $96.21 a barrel

Prices for oil of benchmark grades are increasing in Monday’s trading after falling at the end of last week.

Parviz Shahbazov: 18.2 bn cu m of gas exported in 2022

For the past 10 months of this year, Azerbaijan exported 21.9 million tons of 27.2 million tons of oil produced.

Turkey and Algeria create oil & gas exploration company

Oil price rises, and Brent is at $95.62 a barrel

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

Kazakhstan plans to transport its oil via BTC

Kazakhstan plans to start oil transportation via the Baku-Tbilisi-Ceyhan (BTC) pipeline from January 1, 2023.

Oil gets cheaper, and Brent is at $92.59 a barrel

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

Oil price has grown more than by 5% at end of this week

Prices for oil of benchmark grades ended the first week of November with a sharp rise.

Memorandum on construction of a wind farm in Garadag signed

The Memorandum on the implementation of the Garadagh Wind Power Plant Project has been signed

Operating expenses of this pipeline in 3rd quarter reach $49 million

In total, over 524 million tons of crude oil exported via BTC

During the first three quarters of 2022, about $74 million was spent on BTC operating expenses and $17 million on capital expenditures