Socar Polymer’s propylene plant to be launched in June

The propylene plant of Socar Polymer, which is now under construction at the Sumgait Chemical Industrial Park, will be put into operation in 2nd quarter of this year

Azerbaijan's Oil Fund received $651.6 million from sale of profit oil from ACG oilfield block for January

The State Oil Fund of Azerbaijan (SOFAZ) received $651.6 million from the sale of profit oil from oilfield block Azeri-Chirag-Gunashli (ACG) in January 2018

Azeri oil price has approached to $71 a barrel

The price of a barrel of Azerbaijani oil Azeri LT CIF increased by $0.57 (0.81%) on the world market

SOCAR and Maire Tecnimont signed a contract for construction of plants at Baku Oil Refinery

The Tecnimont/Kinetics Technology alliance and the Baku Oil Refinery n.a. Heydar Aliyev of the State Oil Company of Azerbaijan (SOCAR) signed a contract for construction of plants within the framework of the project of reconstruction & modernization of the Refinery.

Samir Akhundov has led Energy Issues Regulation Agency of Azerbaijan

Chairman of Board of the Energy Issues Regulation Agency of the Ministry of Energy of Azerbaijan has been appointed

Azerbaijan gets first bonus within new agreement on Azeri-Chirag-Gunashli

The State Oil Fund of Azerbaijan (SOFAZ) received the first bonus payment within the framework of the new agreement on development of Azerbaijan’s oilfield block Azeri-Chirag-Gunashli (ACG)

AZN 100 million to be funded to SOCAR for bringing gasification up to 95%

Azerbaijani President Ilham Aliyev has tasked the State Oil Company (SOCAR) to bring the level of gasification up to 95% in 2018

Price of Azeri oil again exceeds $72 a barrel

The price of a barrel of Azerbaijani oil Azeri LT CIF on the world market grew by $0.77

Price of Azeri oil back again exceeded $71 a barrel

The price of a barrel of Azerbaijani oil Azeri LT CIF on the world market increased by $0.01

President Ilham Aliyev has met with BP CEO Robert Dudley

President Ilham Aliyev of Azerbaijan has held a meeting with Robert Dudley, the CEO of BP, within the World Economic Forum in Davos

Azerbaijani President attended a meeting of leaders of oil & gas industry on policies in Davos

Within the World Economic Forum Baku hosted a session "Meeting of leaders in the politics of the oil & gas industry."

Manufacture of petrol has grown in Azerbaijan

Azerbaijan produced petroleum products for AZN 2.727 bn that is by 7.8% less than in 2016

Azerbaijan’s head met with vice president of European Commission for Energy Union

President of Azerbaijan Ilham Aliyev met in Davos with Vice-President of the European Commission, in charge of Energy Union Maroš Šefčovič

Azeri oil price exceeds $71 a barrel again

The price of a barrel of Azerbaijani oil Azeri LT CIF on the world market increased by $0.48

Azerbaijan’s head met with OPEC Secretary General in Davos

Azerbaijani President Ilham Aliyev met with Secretary General of the Organization of Petroleum Exporter Countries (OPEC) Mohammad Barkindo in Davos

Global Energy Solutions starts its next project for BP Azerbaijan

Global Energy Solutions (Glensol) entered into next project for BP Azerbaijan to provide electrical & instrumentation services in the Azerbaijan-Georgia-Turkey (AGT) region

Energy Ministry to issue permits through ASAN centers

The Azerbaijan's Ministry of Energy simplifies the process of issuing permits

Azeri oil price again exceeds $70 a barrel

The price of a barrel of Azerbaijani oil Azeri LT CIF on the world market increased by $0.97

Azerbaijan intends to start use of Royal Phillips’ technology on energy saving

President Ilham Aliyev of Azerbaijan has met in Davos with Royal Phillips’ CEO Frans van Houten.

SOCAR increased drilling works by more than 1/3 in 2017

The State Oil Company of Azerbaijan (SOCAR) obtained stabilization of oil and gas production due to increase of drilling operations

SOCAR exported over 20 million tons of crude in 2017

The State Oil Company of Azerbaijan (SOCAR) exported 20.7 million tons of crude oil for the past year