Production of over 21 million tons of oil from Karabakh field is planned

Today, it is planned to produce more than 21 million tons of oil from Karabakh field

Completion of work on Absheron field is scheduled for 2023

It is planned to finish the work on the Absheron field in 2023

SOCAR and Equinor create a JV

SOCAR and Equinor are likely to establish a joint venture

BOS Shelf: Largest underwater structure in history of oil & gas production installed in Caspian Sea

Gazprom’s earnings from gas export halved

Gazprom’s income from gas exports for Jan-Jun 2020 decreased by 51.2% to $11.3 bn versus the 2019 same term

Oil price rises amid hopes of oil demand restoring, and Brent is at $45.20 a barrel

Benchmark oil prices continued growing in Tuesday’s trading after Saudi Aramco’s CEO Amin Nasser stated about expected recovery in demand in the markets.

President Ilham Aliyev: Shah Deniz is main source for us

The Southern Gas Corridor is our historic achievement, and there is little time left before its completion

President: ‘Karabakh’ is first oilfield discovered in Azerbaijan during the period of independence

In the 1990s, as a result of implementing the oil strategy, Heydar Aliyev signed a revenue sharing agreement. In the 1990s, three wells were drilled in this field

President took part in ceremony of launching the main jacket of Karabakh field into sea

Today, President Ilham Aliyev has taken part in the ceremony of launching the jacket of the Karabakh field into the sea at the Heydar Aliyev Baku Deepwater Jacket Factory

Oil prices rise on Monday, and Brent is at $44.87 a barrel

Benchmark oil prices are growing in Monday`s trading

SOCAR to support this pipeline – a relevant agreement signed

Oil price falls further after decline the day before, and Brent is at $44.94 a barrel

Prices for oil of standard grades continue to decline on Friday

SOCAR to provide fuel for planes at Bodrum airport

SOCAR Aviation has commissioned a gas station at the Milas-Bodrum airport

Oil keeps on rising price, and Brent is at $45.54 a barrel

Prices for oil of standard grades continued rising in Thursday`s trading after the rise the day amid the data from the US Department of Energy about the decline in country`s inventories

BP`s rep has revealed plans on Azerbaijan – Details

We`ll continue our oil and gas activities in Azerbaijan in a safe, reliable and sustainable way, creating revenues for the country and shareholders

Direction of BP`s role changes? – Statement

BP will no longer be a company focused only on the oil and gas sector

Oil price is forecast at $35 - Minister`s announcement

Oil price falls, and Brent is at $44.36 a barrel

Oil price falls after growth the day before, and Brent is at $43.82 a barrel

Prices for oil of standard grades are declining in Tuesday`s trading after their rise on Monday

Oil falls slightly in price after rising the day before, and Brent is at $43.68 a barrel

Situation in sphere of public services to be regulated – Amendments made to relevant law

The Ministry of Energy of Azerbaijan as held discussions with the participation of Energy Minister Parviz Shakhbazov about amendments and additions to the Bill on the regulation in the field of energy & public utilities