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  • Fuel and Energy
  • item

    Russian oil prices have increased

    The average price of a barrel of Russian Urals export oil for Jan-Jul of this year was $64.68

    3 August - 11:27

  • item

    Oil prices slightly drop after sharp fall the day before, and Brent is at $72.82 a barrel

    Oil prices are slightly decreasing in Tuesday’s trading after fall more than by 3% following the previous trading

    3 August - 11:20

  • item

    SOCAR to sell 4,000 tons of diesel fuel to Defence Ministry of Ukraine

    2 August - 17:56

  • item

    Gazprom sharply increases gas exports to European countries

    2 August - 15:32

  • item

    More than 567 million tons of oil extracted from ACG and Shah Deniz

    Since the commissioning of oilfield block Azeri-Chirag-Guneshli and the Shah Deniz gas condensate field until 1 July about 567 million tons of oil were produced.

    2 August - 12:12

  • item

    Operation of South Caucasus pipeline transferred from BP to SOCAR

    2 August - 12:12

  • item

    Natural gas sales from Azerbaijan abroad increased

    Over the first 6 months of this year natural gas sales from Azerbaijan abroad amounted to about 9.1 bn cu m

    2 August - 11:56

  • item

    183 bn cu m of natural gas extracted form ACG

    Since the commissioning of field block Azeri-Chirag-Guneshli 183 bn cu m of natural gas have been produced until 1 July 2021

    2 August - 11:53

  • item

    2.7 bn cu m of gas delivered to Turkey via TANAP

    2 August - 11:24

  • item

    Azerbaijan’s oil exports reduced for past half of 2021

    Over the past 6 months of 2021 Azerbaijan directed about 14 million tons of oil (together with condensate) for export

    2 August - 11:22

  • item

    Oil gets cheaper, and Brent is at $74.64 a barrel

    Prices for oil of standard grades are declining in Monday’s trading after growth following the previous trading

    2 August - 11:15

  • item

    SOCAR builds a plant in Switzerland

    SOCAR will participate in a joint project of an electrolysis plant with capacity of up to 10 MW with two companies that are active in the energy supply of Switzerland

    29 July - 17:31

  • item

    Oil keeps on rising in cost, and Brent is at $75.34 a barrel

    Prices for oil of standard grades continue increasing in Thursday’s trading after the rise the day before amid the official data about decline in energy stocks in the U.S.

    29 July - 11:37

  • item

    Another SOCAR official resigns from his post

    The head of the Investment Department of the State Oil Company of Azerbaijan, Vagif Aliyev, has been dismissed from his post.

    28 July - 16:32

  • item

    Income received for first 6 months of 2021 from sale of Shah Deniz gas and condensate

    Over Jan-Jun 2021 the State Oil Fund of Azerbaijan (SOFAZ) earned $70.978 million from the sale of gas and condensate on Shah Deniz field located in the Azerbaijani sector of the Caspian Sea

    28 July - 13:13

  • item

    Oil Fund unveils data about its income for 1st half of 2021

    The Azerbaijan State Oil Fund (SOFAZ) has published revenues on fields Azeri-Chirag-Guneshli (ACG) and Shah Deniz located in the Azerbaijani sector of the Caspian Sea.

    28 July - 12:10

  • item

    Oil prices are rising, and Brent is at $74.79 a barrel

    Prices for oil are increasing in Wednesday’s trading amid the data about decline in U.S. inventories last week

    28 July - 10:37

  • item

    TAP has the highest daily transport capacity

    27 July - 12:22

  • item

    Oil gets more expensive, and Brent is at $74.86 a barrel

    Oil prices are increasing in Tuesday’s trading. The market is supported by the prospects of active demand in the U.S.

    27 July - 11:20

  • item

    Oil gets cheaper, and Brent is at $73.33 per barrel

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

    26 July - 12:12

  • item

    Oil prices decline after rising the day before, and Brent is at $73.57 a barrel

    Oil of standard grades is getting cheaper in Friday’s trading after steady rise following the previous session

    23 July - 10:37

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