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  • Fuel and Energy
  • item

    Baku to host 4th Ministerial Meeting of Southern Gas Corridor Advisory Council

    Tomorrow, Baku will host the 4th Ministerial Meeting of the Southern Gas Corridor Advisory Council.

    14 February - 15:22

  • item

    ESET unveils rating of cyber threat for January on Azerbaijan

    ESET has presented the report on malware activity in Azerbaijan in January 2018, compiled with the help of ESET LiveGrid cloud system.

    14 February - 15:18

  • item

    EIB approved a loan for TAP construction

    The European Investment Bank (EIB) has endorsed a €1.5 bn loan for construction of Trans-Adriatic Pipeline (TAP)

    7 February - 11:59

  • item

    Energy Ministry: Azerbaijan fulfills its obligations within OPEC/NOPEC deal

    Azerbaijan’s daily oil production for January 2018 amounted to 814,600 barrels

    6 February - 16:25

  • item

    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

    6 February - 15:54

  • item

    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

    6 February - 11:34

  • item

    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

    2 February - 12:20

  • item

    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.

    1 February - 17:50

  • item

    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

    1 February - 12:26

  • item

    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)

    30 January - 16:53

  • item

    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

    30 January - 11:11

  • item

    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

    26 January - 11:30

  • item

    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

    25 January - 11:11

  • item

    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

    24 January - 17:14

  • item

    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."

    24 January - 16:51

  • item

    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

    24 January - 16:42

  • item

    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

    24 January - 13:12

  • item

    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

    24 January - 12:05

  • item

    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

    23 January - 16:12

  • item

    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

    23 January - 16:05

  • item

    Energy Ministry to issue permits through ASAN centers

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

    23 January - 16:00

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