SOCAR Marine becomes leader in international marine fuel market

Since 2013 SOCAR Marine, operating in the international marine fuel sector, has become the leader of the sector with 600,000 tons of sales in 2019

Oil prices grow after a strong fall, Azeri Light drops by 11%

Prices for oil of standard grades are rising during Tuesday`s trading after their strong fall the day before

Oil prices rise, and Azeri Light grows by 2.44%

Oil of standard grades increased in price on the last day of the past week and started to decline again in today`s trading

Fitch Ratings confirms long-term rating of eurobonds of Southern Gas Corridor CJSC in foreign currency

International rating agency Fitch Ratings has confirmed the long-term rating of eurobonds of Southern Gas Corridor CJSC in foreign currency at BB+

President orders to allocate funds for additional gasification measures

President Ilham Aliyev has signed an order on additional measures for gasification of the Absheron, Khizi, Siyazan and Shabran districts

Coronavirus hysteria in world goes on, knocking down prices in market

Azeri Light falls by 10%

Price of Brent oil falls more than by 7% and WTI by 6.4%

In today`s trading the oil prices accelerated their decline because of growing fears that the demand for oil is expected to fall

President has signed a decree on gasification of some districts

President Ilham Aliyev has signed a decree on additional measures concerning gasification of populated localities in the Agdash and Goychay districts

Oil prices drop, and Azeri Light falls by 1.18%

Oil prices continue their decline after falling the day before

SOCAR`s new petrochemical complex in Turkey to be commissioned in 2024

A new SOCAR petrochemical complex to be constructed in Turkey will be put into operation in 2024

SOCAR and McKinsey to make a development plan – work is underway

SOCAR president Rovnag Abdullayev discussed with Uzbekneftegaz’s chairman of board Mehriddin Abdullayev the questions of exchange of experience

Oil prices rise

Prices for oil of benchmark grades played back about half of the drop that occurred on Monday

Novak: Oil price recovery may take several months

Recovery of oil prices will take several months

The largest decline in oil prices occurred yesterday for last 30 years

On 9 March the sharpest decline in oil prices over the past 30 years was recorded at world exchanges

In February Azerbaijan produced 750,600 bpd daily

Fatih Birol: Low oil price not to last forever

The decline in oil prices will continue and that will create a big problem for exporting countries

Global demand for oil to decline this year

The monthly oil market report of the International Energy Agency forecasts about the decrease of the daily oil demand by 730,000 barrels this year

Oil prices go up after a record drop the day before

Oil prices are rising on Tuesday after a strong fall on Monday, Brent futures increased by 8% in trading

Iran`s Oil Minister: If Russia doesn`t cut oil production, no agreement to be reached

If official Moscow does not apply restrictions on oil production, there will be no agreement

SOCAR continues gasification in Georgia

As part of SOCAR`s gasification work in Georgia, more than 10,000 gas consumers get access to natural gas every year

Oil price keeps on falling, Brent is traded below $50 per barrel

Prices for oil continue declining after a day earlier they ended trading at the lowest level for more than two years