SOCAR evacuated oil workers return to offshore platforms

The State Oil Company of Azerbaijan announced about normalization of weather conditions and stabilization of the situation on offshore platforms

OPEC unveils oil production forecast on Azerbaijan for 2019

International experts have published the forecast on oil production in Azerbaijan for the current year

Oil has decreased in price a little

The price of a barrel of Azerbaijani oil grade Azeri Light has dropped by $0.14

Azerbaijani oil has grown in price

The price of a barrel of Azerbaijani oil grade Azeri Light has increased by $1.23

Azerbaijan’s head has opened SOCAR carbamide plant in Sumgait

SOCAR Carbamide plant built on the territory of Sumgait Chemical Industrial Park has been commissioned today

Azerbaijani oil has fallen in price

The price of a barrel of Azerbaijani oil grade Azeri Light has declined by $0.59

Oil prices keep on their decline

The price of a barrel of Azerbaijani oil grade Azeri Light has decreased by $0.47

Suhail al-Mazrui: OPEC+ to cover in Baku impact of production cut deal on market

The OPEC+ Joint Ministerial Monitoring Committee is going to raise the matter of impact of the production cut deal on the oil market in Baku this February

Oil has fallen in price

The price of a barrel of Azerbaijani oil grade Azeri Light has dropped by $0.77

Azerbaijani oil has increased in price

The price of a barrel of Azerbaijani oil grade Azeri Light has grown by $0.86

Lukashenko tasks Cabinet to work out issue of oil supplies through Baltic ports

President Alexander Lukashenko of Belarus has tasked the government to work out the issue of alternative options for oil supplies to the republic through the Baltic ports.

Oil prices have gone up

The price of a barrel of Azerbaijani oil grade Azeri Light has increased by $2.86

Daily oil production in Azerbaijan in 2018 reached 796,200 barrels

The daily oil production in Azerbaijan for December reached 790,000 bpd, including 721,000 bpd of crude and 69,000 bpd of condensate

WB cuts its forecast on average oil price for 2019-20

The World Bank has lowered its forecast on the average price for oil for the next two years

Cost of Azerbaijani oil has declined

The price of a barrel of Azerbaijani oil grade Azeri Light has decreased by $0.06

Prices for oil grow

Cost of a barrel of Azerbaijani oil grade Azeri Light has increased by $1.42

Gas extraction from Shah Deniz field in Azerbaijan sector of Caspian reaches 100 bn cu m

Azerbaijan extracted 100 bn cu m of gas from gas condensate field Shah Deniz

Oil prices rise

Cost of a barrel of Azerbaijani oil grade Azeri Light has increased by $1.93

Almost 28,000 apartments in new buildings receive gas first time in Azerbaijan

Azerigaz, a gas supplying sub-company of the State Oil Company of Azerbaijan continues gasification of new buildings

Electricity exports from Azerbaijan has grown almost by 15%

In 2018, generation of electricity in Azerbaijan totaled 22.52 bn kWh

Four services of Energy Ministry become electronic

Four services of Energy Ministry become electronic