BP not to stop its exploration activity in Azerbaijan

Despite the termination of prospecting and exploration projects in a range of countries, British company BP is going to continue exploration in Azerbaijan.

Oil price is stable after rise the day before, and Brent is at $42 a barrel

Prices for oil of standard grades are changing weakly on Thursday after rising the day before

President has signed a decree on State Oil Company

President Ilham Aliyev signed a decree approving the list of licenses and permits that are not required for relevant activities of the State Oil Company

SOCAR paid large amounts of bonuses to managers

Over the past year SOCAR has paid remuneration for AZN 1.404 million to its top managers

Price for petrol Premium AI-95 has grown in Azerbaijan

Since today prices for gasoline AI-95 have increased by 0.10 manats in Azerbaijan

Socar`s share in some subsidiaries has increased

Last year Socar increased its participation in some of its subsidiaries

Socar received AZN 51.1 bn from sale of crude oil last year

Socar has released its consolidated financial statements for 2019

SOCAR earned about AZN 85 bn for 2019

SOCAR has published its consolidated financial statements for 2019

Oil cheapens after rising the day before, Brent is at $41.50 a barrel

Prices for oil of standard grades are declining in Tuesday`s trading after their rise the day before

A union created in China in connection with purchase of oil

China`s four largest oil companies are discussing plans to form a group for joint oil purchases

Germany may impose sanctions against U.S. – in connection with gas pipeline

If official Washington takes new measures against Nord Stream 2, Germany is ready for sanctions against the U.S.

Oil prices keep on drop after last week’s decline, and Brent fall to $40.15 a barrel

Prices for oil of standard grades are falling in Monday’s trading amid the data about a new wave of COVID-19 disease growth in the world

This thermal power plant re-commissioned after repairs

Oil falls in price amid growth of stocks in U.S., and Brent drops to $39.98 a barrel

Oil prices are falling on Thursday amid an increase in the number of new cases of coronavirus infection in several countries, as well as growth in oil reserves in the U.S. for the third week running

Oil refining in Azerbaijan decreased more than by 61 tons

The volume of oil refining in Azerbaijan has been announced.