Gazprom's net profit fell by 41.4% in 2022

The net profit of Russian energy company Gazprom fell by 41% compared with 2021 to 1.2 trillion rubles (about $15.3 bn) in 2022.

Will electricity prices increase?

Oil gets more expensive, and Brent is at $77.69 a barrel

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

Price index in oil & gas industry increased by 85%

Gas price in Europe has decreased

During today's trading the price of gas in Europe was set at $320 per 1,000 cu m.

Oil price grows, and Brent is at $76.18 a barrel

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

Average selling price of natural gas in Europe and U.S. to decrease

The average selling price of natural gas in Europe and the U.S. has been announced.

Cost of oil goes down, and Brent is at $74.89 a barrel

Prices for oil of benchmark grades are declining in Monday’s trading after rising last week.

Over 9.8 million tons of oil transported via BTC

The main oil pipelines in Azerbaijan carried 12.8 million tons of oil for Jan-Apr 2023.

Azerbaijan cuts crude oil production with condensate by 8% year-on-year

The State Statistics Committee reported an increase in commercial gas production for Jan-Apr.

Azerbaijani gas production has grown slightly - Report

Commercial gas production for Jan-Apr 2023 grew by 1.9% against Jan-Apr 2022.

Cost of oil grows, and Brent is at $76.53 a barrel

Prices for oil of benchmark grades are rising in Friday’s trading after decline in the previous session.

Oil price goes down, and Brent is at $76.72 a barrel

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

Disagreements appear between Delhi and Brussels over oil that India buys from Russia

Indian Foreign Minister Subrahmanyam Jaishankar rejected the statement of the head of the EU Foreign Policy Service Josep Borrel that the EU may restrict the import of Indian petroleum products made from Russian oil.

Oil price goes down, and Brent is at $74.76 a barrel

Prices for oil of benchmark grades keep on declining in Wednesday's trading.

Price of oil rises, and Brent is at $75.50 a barrel

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

Accounts Chamber inspects Nakhchivan State Energy Service

Azerbaijan increased electricity production for past 4 months

According to operational data for Jan-Apr 2023, 9.85 bn kWh of electricity was generated in Azerbaijan.

Oil price goes down, and Brent is at $74 a barrel

Prices for oil of benchmark grades are falling in Monday’s trading after decline last week.

SOCAR Türkiye to carry out first planned shutdown of STAR refinery in 2024

The planned shutdown of the SOCAR refinery of the State Oil Company of Azerbaijan (SOCAR) next year will be the first after its commissioning.

Why has Petkim's market share decreased?

SOCAR invested $70 million in digitalization in Türkiye alone