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  • Fuel and Energy
  • item

    Azeri oil price declined

    The price of a barrel of Azerbaijani oil Azeri LT CIF on the world market fell by $1.1 or 1.67%.

    5 December - 15:40

  • item

    SOCAR and Petrofac set up a joint venture

    The State Oil Company of Azerbaijan (SOCAR) and Petrofac have established a joint venture to render services on training and education on the basis of modern software for oil-industry workers

    5 December - 12:41

  • item

    BP Internship Program presented at Baku Higher Oil School

    Representatives of BP company in Azerbaijan-Georgia-Turkey Region (AGT) including Completion Engineering Manager AGT Ann Davies

    4 December - 10:03

  • item

    Azerbaijani oil price has declined a little

    The price of a barrel of Azerbaijani oil Azeri LT CIF on the world market decreased by $0.01 or 0.02%

    1 December - 15:37

  • item

    Azerbaijan accedes to decision to extend oil production limit agreement until end of next year

    Azerbaijan supports the extension of the agreement on the limitation of oil production by OPEC/NOPEC countries

    1 December - 11:39

  • item

    Azerbaijani oil price totals $64.5 a barrel

    November 30, Fineko/abc.az. The price of a barrel of Azerbaijani oil Azeri LT CIF on the world market fell by $0.42 or 0.64%.

    30 November - 16:20

  • item

    Azerbaijani oil cost is $64.92 a barrel

    The price of a barrel of Azerbaijani oil Azeri LT CIF on the world market increased by $0.23 or 0.35%.

    29 November - 12:14

  • item

    SOCAR-AQS starts drilling a new well in shallow water Gunashli

    Socar-AQS LLC has started to drill the new well 324 from the offshore platform No 7 in the Shallow-Water Guneshli

    28 November - 16:49

  • item

    Energy Minister to participate OPEC/NOPEC meeting in Vienna

    Azerbaijan will be represented at the ministerial meeting of the OPEC/NOPEC countries in Vienna

    28 November - 16:29

  • item

    Price of oil grade Azeri LT has increased

    Cost of a barrel of Azerbaijani oil Azeri LT CIF on the world market has increased by $0.25 or 0.39%

    28 November - 11:14

  • item

    Azerbaijan’s Energy Minister made speech at 4th summit of Gas Exporting Countries’ Forum

    Energy Minister Parviz Shahbazov participated in the 4th Summit of heads of states and governments of the countries participating in the Gas Exporting Countries’ Forum (GECF), held in Santa Cruz, Bolivia.

    27 November - 11:16

  • item

    Azerbaijan studies Belarus’ experience on renewable energy distribution

    The Ministry of Energy of Azerbaijan is studying the Belarusian experience in the field of distribution of renewable energy sources.

    24 November - 12:53

  • item

    Gazprom resumed natural gas exports to Azerbaijan

    Russian state corporation Gazprom is to resume natural gas supplies to Azerbaijan from 22 November.

    22 November - 17:36

  • item

    Nobel Oil Services launches a series of awareness sessions for third party suppliers

    Nobel Oil Services maintains an effective Ethics and Compliance program, encouraging business partners to behave in accordance with the requirements of compliance and corporate policies.

    22 November - 12:22

  • item

    Azerbaijani oil has gone up

    The price of a barrel of Azerbaijani oil Azeri LT CIF on the world market has increased by $0.61 or 0.96%.

    22 November - 11:14

  • item

    Azerbaijani oil has fallen in price

    Cost of a barrel of Azerbaijani oil Azeri LT CIF on the world market has declined by $0.53 or 0.83%.

    21 November - 10:50

  • item

    BTC Co.’s operating costs for year increased by 16%

    Over Jan-Sept 2017 BTC Co. spent $120 million on the Baku-Tbilisi-Ceyhan (BTC) pipeline.

    20 November - 17:27

  • item

    $1.2 bn invested in Contract of Century since early 2017

    Over 160 million barrels (22 million tons) of oil was produced from oilfield block Azeri-Chirag-Gunashli (ACG) for the past 10 monhs of the year

    20 November - 16:41

  • item

    Azerbaijan begins deliveries of petroleum coke to Tajikistan from December

    The business delegation of state unitary enterprise ‘Tajik Aluminum Company’ has made a three-day visit to the capital of Azerbaijan, Baku

    20 November - 13:06

  • item

    Petrol has gone up in Azerbaijan

    The price of Azerbaijan-imported gasoline AI-95 (Premium) has risen up to AZN 1.25 and AI-98 (Super) up to AZN 1.50.

    18 November - 10:28

  • item

    Azerbaijani oil declines in price

    Cost of a barrel of Azerbaijani oil Azeri LT CIF on the world market has fallen by $0.13 or 0.21%.

    17 November - 10:39

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