Vagit Alekperov: it’s too early to talk about reduction of oil production in 2019

It is too early to talk about possible reduction of oil production within OPEC+ in 2019

Azerbaijani oil falls in price

The price of a barrel of Azerbaijani oil grade Azeri Light has declined by $0.04

For Jan-Oct Sofaz income from profit oil and gas sale brought up to $8.3 bn

The income of the State Oil Fund of Azerbaijan (Sofaz) from the sale of profit oil from oilfield block Azeri-Chirag-Gunashli (ACG) and condensate from gas condensate field Shah Deniz for Jan-Oct 2018 reached $8.296 bn.

Azerbaijani oil drops in price

The price of a barrel of Azerbaijani oil grade Azeri Light has decreased by $1.78

Azerbaijani oil rises in price

The price of a barrel of Azerbaijani oil grade Azeri Light has grown by $0.8

Azerbaijani oil drops in price

The price of a barrel of Azerbaijani oil grade Azeri Light has fallen by $3.23

Oil and gas production in Baku has grown

Oil and gas production in Baku has grown

Nobel Oil and Wood enter into joint venture agreement in Azerbaijan

Nobel Oil and Wood enter into joint venture agreement in Azerbaijan

Azerbaijani oil declines in price

Azerbaijani oil declines in price

President Ilham Aliyev funds AZN 48 million for repairs of Azerbaijan’s fuel & energy station

President Ilham Aliyev funds AZN 48 million for repairs of Azerbaijan’s fuel & energy station

Azerbaijani oil increases in price

The price of a barrel of Azerbaijani oil grade Azeri Light has grown by $0.32

Azerbaijani oil rises in price

The price of a barrel of Azerbaijani oil grade Azeri Light has increased by $0.15

Azerbaijani oil increases in price

Cost of a barrel of Azerbaijani oil grade Azeri Light has grown by $0.06

OPEC+ countries fulfilled agreement on oil production reduction in September by 111%

The participants of the OPEC+ agreement on reduction of oil production fulfilled the agreement by 111% in September

Cost of Azerbaijani oil has fallen

The price of a barrel of Azerbaijani oil grade Azeri Light has dropped by $0.40

ADB suggests Azerbaijan to involve private sector in energy sector development

Azerbaijani Energy Minister Parviz Shahbazov has received Wencai Zhang, Vice-President of the Asian Development Bank

Azerbaijani oil declines in price

The price of a barrel of Azerbaijani oil grade Azeri Light has decreased by $2.08

Minister of Energy of Azerbaijan Parviz Shahbazov met with members of AmCham

President Ilham Aliyev opens wind energy park ‘Yeni Yashma’

Today, the opening of wind energy park "Yeni Yashma" with capacity of 50 MW in the Yeni Yashma and Shurabad settlements of Khizi district.

Cost of Azerbaijani oil declines by $1.35 a barrel

The price of a barrel of Azerbaijani oil grade Azeri Light has fallen by $1.35

Azerbaijan increases oil production for past month

The daily oil production in Azerbaijan for September reached 796,000 bpd, including 725,000 bpd of crude and 71,000 bpd of condensate.