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  • Fuel and Energy
  • item

    Oil grows in cost after strong fall, and Brent is at $66.78 a barrel

    Prices for oil of standard grades are increasing slightly in the course of Thursday’s trading after a strong drop the day before amid the data about the growth of stocks in the U.S.

    20 May - 10:33

  • item

    Azerbaijan has lowered production of petroleum products

    19 May - 17:57

  • item

    Oil prices fall, and Brent is at $67.97 a barrel

    Prices for oil of standard grades are declining in Wednesday’s trading amid the data of the American Petroleum Institute about the growth of stocks in the U.S.

    19 May - 10:47

  • item

    Azerbaijan increases gasoline imports

    Over Jan-Mar 2021 Azerbaijan imported 31,992.1 tons of automobile gasoline (AI-92, AI-95 and AI-98) for $19.7 million.

    18 May - 17:56

  • item

    Azerbaijan decreased oil exports for Jan-Apr

    Azerbaijan exported 10,737,847 tons of crude oil for $4.35 bn for Jan-Apr 2021.

    18 May - 17:12

  • item

    Iran to conduct drilling operations on border with Azerbaijan

    The National Iranian Oil Company (NIOC) is preparing to drill in the Mugan Plain, located in the north of Iran

    18 May - 16:05

  • item

    To date, over 2 bn cu m of gas carried via TAP

    18 May - 13:08

  • item

    Oil rises in price, and Brent is at $69.66 a barrel

    Cost of oil of standard grades is increasing in Tuesday’s trading

    18 May - 11:27

  • item

    Gas prices at Europe's largest online sales center have risen

    At TTF, Europe's largest online gas sales center, prices reached $342/1,000 cu m, the highest since 26 September 2018

    17 May - 15:47

  • item

    Electricity, gas and steam production lowered

    Extraction of commercial natural gas has increased in Azerbaijan.

    17 May - 15:30

  • item

    Commercial natural gas extraction increased

    Azerbaijan has increased natural gas extraction by 9.3%

    17 May - 14:53

  • item

    SOCAR is issuing new bonds – the date has been declared

    Considering wide range of requests and appeals addressed by investors for a very long time, SOCAR, international energy company of the Azerbaijan Republic, is going to issuing new bonds for the local market on 20th of September , 2021.

    17 May - 12:06

  • item

    Oil changes slightly in price, and Brent is at $68.68 a barrel

    Oil prices of the benchmark grades are weakly and diversely changing at the auction on Monday, after the rise following the past week

    17 May - 11:14

  • item

    Petkim's profit exceeds 5 bn liras for Jan-Mar

    Petkim's production capacity activity has reached 92%, while many petrochemical companies have reduced or even stopped production due to shortage of raw materials

    7 May - 15:40

  • item

    Oil grows in value, and Brent is at $68.52 a barrel

    Prices for oil of benchmark grades are increasing in Friday’s trading after falling the day before

    7 May - 09:29

  • item

    Green energy zone to be created on liberated areas

    6 May - 17:56

  • item

    Oil grows in price, and Brent is at $69.17 a barrel

    Prices for oil of standard grades increasing modestly in Thursday’s trading after different changes the day before

    6 May - 10:52

  • item

    Price of electricity from Masdar and AcwaPower becomes known

    Masdar and AcwaPower have agreed with the Azerbaijani government on the sale price of electricity they will produce on the territory of Azerbaijan

    5 May - 16:46

  • item

    SOCAR Turkey’s three enterprises received a zero waste certificate

    5 May - 16:42

  • item

    Gas transportation via TAP pipeline has increased much

    In April 2021 Azerbaijani gas was carried to Europe via Trans-Adriatic Pipeline in the amount of 6,477 gigawatt-hours in energy equivalent

    5 May - 12:41

  • item

    Cost of oil has grown, and Brent is traded above $69 a barrel

    Prices for oil of standard grades are increasing in Wednesday’s trading, anticipating an increase in the demand and an easing of coronavirus restrictions in the U.S. and Europe

    5 May - 11:16

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