Azerbaijan
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SOCAR Ships 90,000 Tons of Oil to Belarus
Tuesday, 16th February 2021
The Deputy Head of Azerbaijan’s State Oil Company SOCAR, Ibrahim Ahmadov, said that the company has shipped a batch of 90,000 tons of Azerbaijani oil to Belarus in February.
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ACG Achieves Revenues Worth $3.5 B YoY
Tuesday, 26th January 2021
The State Oil Fund of the Republic of Azerbaijan (SOFAZ) announced that Azeri-Chirag-Gunashli (ACG) oil field has achieved revenues worth $3.5 billion during the period from January 2020 to January 2021,
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BP to Ship Natural Gas from Azerbaijan to Europe
Wednesday, 14th October 2020
British Petroleum (BP) has confirmed plans to start up natural gas exports from Azerbaijan to Europe by the end of 2020.
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Iran Targets Joint Oil Company with Azerbaijan
Wednesday, 2nd May 2018
Iran seeks to form a joint oil company with Azerbaijan, according to Iranian Deputy Oil Minister Amir Hossein Zamaninia.
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Iran, Azerbaijan Edge Closer to Oil Agreement
Thursday, 15th March 2018
There have been positive developments in ongoing oil talks between Iran and Azerbaijan and a deal may be signed in March 2018.
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AMOC to Export 3,000 tons of Mazot
Monday, 3rd July 2017
Egypt's Alexandria Mineral Oils Company (AMOC) reached an agreement with the State Oil Company of Azerbaijan Republic (SOCAR) over exporting 3,000 tons of Mazot during June 2017. -
Egypt, Azerbaijan Signed MoU
Sunday, 6th November 2016
The Egyptian Minister of Petroleum, Tarek El Molla, witness the signing of a memorandum of understanding (MoU) between the Egyptian General Petroleum Corporation (EGPC) and Azerbaijan's Socar Company. -
Iran, Total to Resume Oil Swap with Caspian Sea
Monday, 19th September 2016
Naftiran Intergraded Company Sàrl, Swiss-based subsidiary of the National Iranian Oil Company (NIOC), and France's Total will sign oil swapping deal for around 200,000b/d. -
Iran to Swap Oil with Caspian Sea States
Thursday, 18th August 2016
Iran can swap up to 120,000 b/d of crude oil, which can be enhanced to over 1.5 mb/d in the future, with its northern neighbors at North Oil Terminal. -
Azerbaijan to Deliver Gas to Europe
Sunday, 19th June 2016
Azerbaijan’s Energy Minister, Natig Aliyez, has announced that the country’s natural gas field, Shahdeniz field, situated in the South Caspian Sea, contains sufficient volumes of gas reserves to meet energy demand of Azerbaijan itself and of other neighboring countries.
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 63.71 | +0.78% |
Crude Oil (Brent) Brent | USD/bbl | 67.62 | +0.87% |
NYMEX Natural Gas | USD/MMBtu | 2.85 | -0.87% |
OPEC Basket Price | USD/bbl | 63.73 | +2.79% |
Last Modified February 25, 2021