Data on SOFAZ's income on two fields unveiled

The State Oil Fund of Azerbaijan (SOFAZ) has released revenues on Azeri-Chirag-Guneshli (ACG) and Shah Deniz fields

Petkim exceeded forecasts – its profit has grown

The net profit of Petkim, a large partner of SOCAR, amounted to 1.07 bn Turkish liras in 2020

Oil value grows, and Brent is at $62.90 a barrel

Prices for oil of standard grades are rising in Wednesday’s trading, despite data from the American Petroleum Institute released on Tuesday night, showing an increase in U.S. inventories last week

SOCAR to cooperate with an American company

The Turkish ‘daughter’ of the State Oil Company of Azerbaijan (SOCAR), SOCAR Turkey, will work together with the American company to turn its operations into a hybrid using IBM cloud technologies

Oil falls in cost, and Brent is at $62.74 a barrel

Prices for standard grades of oil are falling in Tuesday’s trading amid the strengthening of the US dollar

Oil rises in price, and Brent is at $65.41 a barrel

The prices for oil are increasing in Monday’s trading, in anticipation of new OPEC+ decisions on the level of oil production from April 2021

Oil falls in cost, and Brent is at $66.25 a barrel

Oil prices are decreasing in Friday’s trading, ending the fourth month in a row with the rise

President approved a law in connection with Dostlug field

President Ilham Aliyev has signed a law approving the Memorandum of Understanding in connection with Dostlug field

Forecast: Cost of oil can rise up to $100

In the next few years the price of Brent crude oil may rise up to $100 per barrel

Oil grows in price, and Brent is at $67.32 a barrel

Prices for oil of standard grades are increasing in Thursday trading amid the expectations of higher fuel demand