Oil gets more expensive, and Brent is at $87.32 a barrel

Prices for oil of standard grades are increasing in Tuesday’s trading, and Brent is traded above $87 a barrel - the highest value since October 2014

Forecast: Oil prices may rise up to $200

Oil prices will grow even more due to insufficient investments in production.

Oil grows in value, and Brent is at $86.15 a barrel

Prices for oil of standard grades are increasing in Monday’s trading after steady rise following the last week

U.S. to provide buildings with ‘green’ energy - works to be completed for $70 million

In the U.S., it is planned to create "green" windows that will be able to provide buildings with eco-friendly energy.

Azerbaijan observes a sharp rise of gas consumption

Gas consumption has increased on the territory of Azerbaijan sharply because of the deterioration of weather conditions.

SOCAR evacuates its employees from offshore platforms

Due to the sharp change in weather conditions, the work carried out in all open production areas, especially on the seabed sections, has been limited, and security measures have been strengthened

Oil drops in value, and Brent is at $84.42 a barrel

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

An Arab company has invested in energy sector of Azerbaijan

Azerbaijan signs an agreement with Arab company on wind power in the sea

President Aliyev: Today is a very significant day in life of our country

"Today is a very significant day in the life of our country. Today, the foundation of a new wind power plant to be built in Azerbaijan is being laid in the Gulistan Palace. I cordially congratulate you and the entire Azerbaijani people on this event."

Cost of oil declines, and Brent is at $84.42 a barrel

Prices for oil of standard grades are decreasing in Thursday’s trading after significant growth following the previous sessions

New appointment at SOCAR

The State Oil Company of Azerbaijan has informed about a new appointment.

Oil price is stable, and Brent is at $83.65 a barrel

Prices for oil of standard grades are stable in Wednesday’s trading after a jump following the the previous session

Oil increases in value, and Brent is at $81.27 a barrel

Prices for oil of standard grades are growing in Tuesday’s trading after decline following the previous trading

SOCAR to cut carbon emissions

SOCAR intends to reduce carbon emissions to zero in 2022

Oil grows in cost, and Brent is at $81.90 a barrel

Prices for oil of standard grades are increasing in Monday’s trading after a rise by 5% at the end of last week

Oil and gas demand to exceed pre-pandemic levels

The recovery in demand for oil and gas will continue in 2022, and will exceed pre-pandemic levels by the end of the year

Oil rises in cost, and Brent is at $82.55 a barrel

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

Income from ACG and Shah Deniz fields declared

The earnings on Azeri-Chirag-Guneshli (ACG) and Shah Deniz have been announced.

Switzerland creates a special system to replace traditional fuel

Specialists of the Zurich-based Technology (ETH Zurich) have created a special system that produces fuel using the energy of water, air and the sun

Oil reserves in the U.S. lowered

Commercial oil reserves in the U.S. decreased by 2.14 million barrels last week.