SOCAR published a report for Q1 - more than AZN 1.4 million tons of oil refined

The oil refining complex of the Azerbaijan State Oil Company (SOCAR) has processed more than 1.4 million tons of oil and more than 1.1 bn cu m of natural gas

Oil keeps on rising in price, and Brent is at $67.33 a barrel

Oil prices are increasing in Friday’s trading due to optimism about the prospects for energy demand

Azerbaijan suspends heating season from today

Starting from today, Azeristiliktedzhizat will stop supplying heat both in Baku and in the districts of the country

Oil prices fluctuate, and Brent is at $66.61 a barrel

Prices of oil of standard grades on Thursday have moved weakly and in different directions after the day before they reached the highest level since mid-March

Electricity generation increased last month

In March 2021, Azerbaijan generated 2.364 bn kWh of electricity

Oil has grown in price, and Brent is at $64.59 a barrel

Prices for oil of standard grades are increasing in Wednesday’ trading, after the release of data from the American Petroleum Institute about decline in U.S. inventories

IMF forecast: Azerbaijan's daily crude oil exports to decline

According to the updated forecasts of the International Monetary Fund, Azerbaijan’s daily crude oil exports this year will amount to 540,000 barrels (6.9% less than in 2020)

Two countries that invest most of all in wind energy

Last year, Turkey got in Top 5 of European countries on investments in wind energy projects

Cost of oil grows, and Brent is at $63.56 a barrel

Oil prices are rising in Tuesday’s trading, in anticipation of signals about the growth of consumer demand

Forecast: Natural gas extraction in Azerbaijan to increase