S Korea ranks 2nd largest investor in this sphere

Oil gets cheaper, and Brent is at $73.19 a barrel

Oil prices of reference grades are declining at the auction on Tuesday. The market is waiting for the next OPEC+ meeting, which is scheduled for 1 September.

115 million barrels of oil and condensate exported from Sangachal terminal

For the 1st half of this year 115 million barrels of oil and condensate were exported from the Sangachal terminal

SOFAZ increased earnings from ACG

BTC operating costs increased

3.66 bn barrels of oil carried via BTC

South Caucasus Pipeline capacity reached 46.5 million cu m

In the 1st half of the year expenditures on the South Caucasus Pipeline project amounted to $38 million

Shah Deniz gas field costs increased by 75%

Expenditures on Shah Deniz gas field reached $1.506 bn for the 1st half of 2021

Gas extraction from Shah Deniz field increased by 6%

Expenditures on ACG field block lowered by 8.5%

In the 1st half of 2021 the expenditures on Azeri-Chirag-Guneshli (ACG) oilfield block amounted to $1.112 bn

11 million tons of oil extracted from ACG oilfield block in 2021

President Ilham Aliyev attended opening of Surakhani substation

President Ilham Aliyev has attended the inauguration of the newly renovated 110/35/6 kV Surakhani substation

Oil gets more expensive, and Brent is at $71.70 a barrel

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

Oil gets more expensive after strong fall the day before, and Brent is at $70.60 a barrel

Prices for oil of standard grades are growing in Thursday’s trading after a significant drop following the previous trading amid the data of the U.S. Department of Energy about the growth of oil reserves

Oil gets cheaper, and Brent is at $72.39 a barrel

Prices for oil of standard grades are declining in Wednesday’s trading, decreasing for the third session running

Stock prices for AI-92 gasoline in Russia reached record values

Gazprom Neft plans to increase hydrogen production 2.5-fold

Petrol AI-98 has grown in price in Azerbaijan

Since 1 August 2021 the cost of 1 liter of petrol AI-98 in Azerbaijan has increased by 5 gapiks – from 1.55 up to 1.6 manats

BP earned about $8 bn of net profit for past half of 2021

Azerigaz starts campaign Open Microphone

From 4 August Azerigaz will begin organizing field receptions. It can also be called an "open microphone" campaign

SOCAR launches a new project to support farmers

The State Oil Company of Azerbaijan, together with its partners in the South Caucasus Pipeline Pipeline, has launched another social project