Azerbaijani President: Azerbaijan and Serbia have promising prospects for cooperation in energy sector

Azerbaijan and Serbia intend to develop cooperation in the energy sector

High-voltage equipment maker opened in Baku

A plant on production of high-voltage equipment has opened in Surakhan district of Baku.

Price of Azerbaijani oil has grown

The price of a barrel of Azerbaijan's oil Azeri Light on the world market has increased by $0.24

China’s SINOSURE shows an interest to cooperation with SOCAR

China State Export Credit Insurance Corporation (SINOSURE) is interested in cooperation with the State Oil Company of Azerbaijan (SOCAR).

Price of Azerbaijani oil exceeds $81 a barrel

The price of a barrel of Azerbaijan's oil Azeri Light on the world market has increased by $2.21 (2.80%).

2.93 bn barrels of oil carried by BTC as of 1 April

In Q1 of the year BTC Co spent $538 million on the Baku-Tbilisi-Ceyhan (BTC) pipeline

$362 million invested in Contract of Century in Q1 of 2018

About 54 million barrels or 7 million tons of oil in total were produced from Azeri-Chirag-Gunashli oilfield block for Jan-Mar 2018

Price of oil Azeri Light hs declined

The price of a barrel of Azerbaijan's oil Azeri Light on the world market has increased by $0.46

Price of oil Azeri Light exceeds $79

The price of a barrel of Azerbaijan's oil Azeri Light on the world market has increased by $0.67

Price of oil Azeri Light rises

The price of a barrel of Azerbaijan's oil Azeri Light on the world market has increased by $0.81

Oil production in Azerbaijan fell by 0.6%

Oil production in Azerbaijan fell by 0.6%

Price of oil Azeri Light has declined

The price of a barrel of Azerbaijan's oil Azeri Light on the world market has decreased by $0.19

Azerbaijan’s Oil Fund received $2.8 million from profit oil sale from ACG block in 2018

The State Oil Fund of Azerbaijan (SOFAZ) has received $2.823 million from sale of profit oil from oilfield block Azeri-Chirag-Gunashli (ACG) since early 2018

Azerbaijan meets its obligations within OPEC/NOPEC

The daily volume of oil production in Azerbaijan for April 2018 totaled 785,700 barrels, including 755,700 barrels of crude oil and 30,000 of gas condensate

Azerbaijani oil price approaches to $78 a barrel

The price of Azerbaijan's oil Azeri LT CIF on the world market has grown by $2.99

Azerbaijani and Iranian energy ministers discuss project of joint energy corridor with Russia

Azerbaijan's Energy Minister Parviz Shahbazov has completed his visit to Iran.

BHOS and Integrated Drilling Trust sign Cooperation Agreement

A meeting of management of SOCAR’s Integrated Drilling Trust (IDT) and fourth and five-year students of Baku Higher Oil School (BHOS) took place at the Higher School’s campus. At the meeting, BHOS rector Elmar Gasimov and Head of the Integrated Drilling Trust Iskender Shirali signed a Cooperation Agreement.

Azerbaijani oil price has increased

The price of Azerbaijan's oil Azeri LT CIF on the world market has grown by $0.41 (0.56%).

SOCAR to increase number of gas stations up to 29 in Azerbaijan

SOCAR Petroleum plans to bring the number of gas stations in Azerbaijan up to 29 by 2019

7.66 bn kWh of electricity generated for past 4 months

Electricity-supplier operator Azerenerji has published electricity generating volumes for April

Azerbaijani oil price keeps on falling

The price of Azerbaijan's oil Azeri LT CIF on the world market decreased by $1.38