Oil cheapens after a rise the day before, and Brent is at $39.01 a barrel

Oil prices are declining in Thursday`s trading after a significant jump in the previous session.

Azerbaijan`s Oil Fund has declared income from ACG field

Cost of oil rises slightly, and Brent is at $39.01 a barrel

Oil prices are increasing in Tuesday`s trading after a jump the day before amid the signals that the OPEC+ countries may cancel the production cut lifting, scheduled for early 2021.

Oil cheapens after last month`s drop, and Brent is at $36.72 per barrel

Oil prices continue falling in Monday`s trading after last month’s decline

WTI grade falls, while Brent rises in price

Benchmark oil prices have shown the mixed dynamics in Friday`s trading after falling the day before to the lowest values since May

State may reduce support for SOCAR in this case

International rating agency S&P Global Ratings (S&P) confirmed SOCAR`s rating at "BB-", and lowered the rating Outlook from "Stable" to "Negative"

Oil gets more expensive after a strong fall the day before, and Brent is at $39.15 per barrel

Oil prices are growing in Thursday`s trading after decrease by over 5% the day before

Azerenerji`s ratings can be downgraded

Azerenerji`s credit rating has been re-approved at the level of BB/B

Oil drops in price after rising the day before, and Brent is $40.49 per barrel

Oil prices are falling in Wednesday`s trading amid the data about the growth of oil stocks in the U.S.

New general director was appointed to SOCAR-AQS LLC

Oil prices rise after decline the day before, and Brent is at $40.76 per barrel

Oil is increasing in price in Tuesday`s trading after the decrease of prices to minimum over the last 3 weeks amid the news of oil production growth in Libya

Oil cheapens, and Brent is at $41.06 per barrel

Oil prices are declining in Monday`s trading because of the prospects of deterioration in the oil demand due to the growing incidence of Covid-19 in the world

Oil price falls, and Brent is at $42.33 a barrel

The benchmark oil prices are declining in Friday`s trading and may end the week in a small minus.

Azerbaijan’s president: Official opening of TAP is a matter of a few weeks

Work within the TAP project is on schedule and has already been completed. The official opening of TAP may be a matter of weeks, not months. Everything is ready on the gas pipeline. This historic pipeline from Baku to Europe has already been completed.

Oil keeps on falling in price, and Brent is at $41.53 a barrel

Substations to be built in cities liberated from occupation

Azerenerji is finishing engineering works on the construction of new 110 kW system substations and 110 kV high-voltage transmission lines in the districts that have already been liberated and will be liberated from occupation

SOCAR president: SOCAR has opened thousands of jobs in Georgia

SOCAR has started investing in the Georgian economy since 2006, and has created thousands of new jobs so far

SOCAR ranks 6th on gasoline import in Ukraine

SOCAR Energy Ukraine, a subsidiary of SOCAR in Ukraine, imported 5,900 tons of motor gasoline to this country for September 2020

Oil prices fall amid data about growth of U.S. oil stocks, and Brent is at $42.87 a barrel

In Wednesday`s trading the prices for benchmark oil brands are declining amid the American Petroleum Institute`s data about the growth of oil stocks in the U.S.

Energy Minister: Jobs to be created due to these projects

Environmental and social impact assessment studies are underway on the territory where the solar power plant will be constructed, the Azerbaijani energy minister announced

Renewable power plants to be built in three districts

Renewable energy power plants are to be constructed in the Absheron, Khizi and Garadag districts, ABC.AZ reports, citing Energy Minister Parviz Shahbazov.