The Azerbaijan Caspian Shipping Company (ASCO) launched the oil tanker named after Academic Khoshbakht Yusifzade, Trend reports on Sept.20 citing ASCO.

Azerbaijani oil prices notably increased last week, Trend reports on Sept.20.

The oil production at the Azeri-Chirag-Guneshli block of fields, which are the largest oil field in the Azerbaijani sector of the Caspian Sea, hits 4 billion barrels on September 18, BP Azerbaijan reported on September 20.

Azerbaijan marks the 27th anniversary of the Contract of the Century, signed between the country's State Oil Company (SOCAR) and the world's leading oil companies on the joint development of the Azeri, Chirag and deepwater Guneshli fields in the Azerbaijani sector of the Caspian Sea.

Azerbaijan increased natural gas transportation through main gas pipelines by 14.1 percent to 22.6 billion cubic meters during the period of January-August 2021, Azertag has reported.

The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, surged by $2.93 on Sept.15 compared to the previous price, reaching $77.19 per barrel, Trend reports referring to the source from the country's oil and gas market.

Azerbaijan exported 18.7 million tons of oil worth $8.4 billion in January-August 2021, the State Customs Committee has reported.

Prices on RON-95 and RON-98 fuel have increased in Azerbaijan, from 1.45 manat per liter to 1.6 manat (94 cents), and from 1.6 manat per liter to 1.9 manat ($1.11) respectively, Spokesman for the SOCAR PETROLEUM Uzeyir Habibbayli said, Trend reports.

The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, increased by 28 cents on Sept.14 compared to the previous price, settling at $74.26 per barrel, Trend reports referring to the source from the country's oil and gas market.

The working group on energy supply of the Interdepartmental Center under the Coordination Headquarters, created with the aim of centralized solution of issues in Azerbaijan's territories liberated from the Armenian occupation [in the 2020 second Karabakh war], held a new meeting, Trend reports on Sept.14.

Azerbaijani oil prices increased last week, Trend reports on Sept.13.

Azerbaijan's daily oil production, including condensate, amounted to 711,600 barrels in August, the Energy Ministry has reported.

The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, rose by 8 cents on Sept.10 compared to the previous price, settling at $73.41 per barrel, Trend reports referring to the source from the country's oil and gas market.

The daily oil production (including condensate) in Azerbaijan in August 2021 amounted to 711,600 barrels, Trend reports via the Ministry of Energy.

Kyrgyzstan is interested in buying Azerbaijani oil, Kyrgyz Economy and Finance Minister Akylbek Zhaparov said at the 10th Meeting of the Turkic Council’s Economy Ministers in Baku, Trend reports on Sept.10.

The Closing ceremony of the Advanced Regional Energy Security Symposium 2021 – Caucasus was held on September 10 by the Center of Excellence in EU Studies at ADA University in partnership with the NATO Energy Security Center of Excellence, the Naval Postgraduate School, bp Azerbaijan, and State Oil Company of the Republic of Azerbaijan (SOCAR).

The energy infrastructure that Azerbaijan built will make the country a future supplier of hydrogen to the European market, the US Ambassador to Azerbaijan Lee Litzenberger said during the closing ceremony of the Advanced Regional Energy Security Symposium 2021 – the Caucasus, Trend reports.

US Ambassador to Azerbaijan Lee Litzenberger congratulated Azerbaijan on completing the Southern Gas Corridor (SGC), during the closing ceremony of Advanced Regional Energy Security Symposium 2021 – Caucasus, Trend reports.

The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, rose by 64 cents on Sept.8 compared to the previous price, settling at $73.12 per barrel, Trend reports referring to the source from the country's oil and gas market.

The U.S. Energy Information Administration has increased its forecast for Azerbaijan's average daily oil production for 2021-2022.

The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, declined by 19 cents on Sept.7 compared to the previous price, settling at $72.48 per barrel, Trend reports referring to the source from the country's oil and gas market.

Azerbaijan will produce electricity on territories liberated from Armenia's occupation in 2020, by using renewable energy sources, Energy Minister Parviz Shahbazov has stated.

Electricity production on Azerbaijan's liberated lands (from Armenian occupation) will be carried out by using renewable energy sources, Minister of Energy of Azerbaijan Parviz Shahbazov said, Trend reports citing the Ministry.

The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, declined by 86 cents on Sept.6 compared to the previous price, down to $72.67 per barrel, Trend reports referring to the source from the country's oil and gas market.

The Azerbaijani State Oil Fund (SOFAZ) revenues from the country’s major oil and gas fields amounted to $3.6 billion in January-August 2021, SOFAZ has reported.