Commercial natural gas extraction increased

Azerbaijan has increased natural gas extraction by 9.3%

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.

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

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

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

Green energy zone to be created on liberated areas

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

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

SOCAR Turkey’s three enterprises received a zero waste certificate

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

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

Azerbaijani gas supplies via TAP pipeline to Italy doubled

Oil rises in cost, Brent is at $68.90 per barrel

Benchmark oil prices are increasing steadily in Tuesday's trading amid optimism about recovery in the fuel demand

SOFAZ's income from ACG decreased by 27%

Over Jan-Apr 2021 the revenues of the State Oil Fund of Azerbaijan (SOFAZ) from oilfield block Azeri-Chirag-Guneshli amounted to $1.437 million.

Azerkabel suffered a loss of over AZN 11,000 last year

Azerkabel completed 2020 with loss of AZN 11,609

Oil falls in value, and Brent is at $67.39 a barrel

Cost of oil is decreasing in Tuesday’s trading after rising the day before

Azerbaijan Energy Regulatory Agency’s profit falls sharply

The profits of the Azerbaijan Energy Regulatory Agency (AERA) under the Ministry of Energy fell sharply

A green energy zone to be created in liberated territories – President allocated money to Energy Ministry

President Ilham Aliyev has signed an order on the measures aimed to create green energy zone in the territories liberated from the occupation

Oil falls in price, and Brent is at $66.42 a barrel

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

President has signed an order on construction of a wind farm

The president has signed an order on the construction of a wind farm

Cost of oil declines, and Brent is at $68.14 a barrel

Prices for oil of benchmark grades are decreasing in Friday’s trading, after rising the day before up to the highest levels over the past 1/5 month