bp spent $1.7 bn on ACG

The division of UK company bp in Azerbaijan has published a report on the results of 2021.

Gas prices in Europe drop to $890

Gas futures prices in Europe lost 2% by the close of trading and fell to almost $890 per 1,000 cu m.

Oil price is stable, and Brent is at $91.56 a barrel

Prices for oil of standard grades are stable in Thursday’s trading after the publication of data from the U.S. Department of Energy about the the reduction of fuel reserves in the country

EIA confirms forecast on Azerbaijani oil production volumes

The Energy Information Administration of the U.S. Department of Energy has not changed the forecast on daily production of oil and other liquid hydrocarbons in Azerbaijan for 2022-23

Oil rises in value, and Brent is at $91.18 a barrel

Prices for oil of standard grades are growing in Wednesday’s trading amid the data from the American Petroleum Institute (API), which showed decrease in fuel reserves in the U.S.

BP's total income grew by 50% for 2021

The net profit of UK oil & gas company BP amounted to $7.565 bn.

Parliamentary committee prepares a draft in connection with fines

President Ilham Aliyev attends launched ‘Yashma’ substation

Azerbaijani President Ilham Aliyev has attended the inauguration of the newly renovated 330/220/110/10 kV “Yashma” junction substation, which is of strategic interstate importance.

Oil falls in price, and Brent is at $92.46 a barrel

Prices for oil of standard grades are declining in Tuesday’s trading

Fitch affirms rating of Southern Gas Transport Corridor

International rating agency Fitch Ratings has affirmed the long-term foreign currency rating assigned to the eurobonds of Azerbaijani Southern Gas Transport Corridor CJSC at the level of ‘BB+’.

Iran signs a contract with Dana Energy for $800 million for development of Sohrab oilfield

The National Iranian Oil Company (NIOC) has signed a $800 million contract with Dance Energy for the development of the Sohrab oil field bordering Iraq

Masdar works over projects in Karabakh

UAE’s Masdar (Abu Dhabi Future Energy Company) is working over projects in Karabakh.

Prices for oil move in diverse directions, and Brent is at $93.50 a barrel

Prices for oil of standard grades are moving in diverse directions in Monday’s trading

China increases gas purchases from Russia

MP: Azerbaijan to earn $100 bn from this project

The 8th Ministerial Meeting within the framework of the Southern Gas Corridor Advisory Council is taking place in Baku. President Ilham Aliyev delivered speech there.

SOFAZ's income from Shah Deniz made public

SOFAZ's ACG earnings increased

Cost of oil grows, and Brent is at $91.56 a barrel

Prices for oil are increasing in Friday’s trading after a jump in the previous session.

Oil gets cheaper, and Brent is at $89.27 a barrel

Prices for oil of standard grades are declining in Thursday’s trading amid the decision of OPEC+ to maintain the increase in oil production

Oil rises in cost, and Brent is at $89.50 a barrel

Prices for oil of standard grades are increasing in Wednesday’s trading.

Oil grows in value, and Brent is at $89.60 a barrel

Prices for oil are increasing in Tuesday's trading