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

Azerbaijani President took part in opening of office building of Baku Distribution Network Company

President Ilham Aliyev has participated in the opening of an administrative building of the Baku Distribution Network Company Azerisig in Khatai district of Baku

Azeri oil price has fallen, but still above $70 a barrel

The price of a barrel of Azerbaijani oil Azeri LT CIF on the world market decreased by $0.65

Saudi Aramco to open representative office in Azerbaijan

King of Saudi Arabia, Salman bin Abdulaziz Al Saud received Azerbaijan's Minister of Energy Parviz Shahbazov

Azerbaijan develops feasibility study to determine priority energy sources developed in Azerbaijan

Azerbaijan's Ministry of Energy has completed the process of assessing the potential of alternative and renewable energy

Last year SOCAR produced 6,089,000,000 cubic meters of gas

The State Oil Company of Azerbaijan (SOCAR) produced 6,089,000 cubic meters of gas in 2017

Azerbaijan produced nearly 39,000,000 tons of oil last year

Since the beginning of 2017, the State Oil Company of Azerbaijan (SOCAR) produced 7,427,000 tons of oil

The price of Azerbaijani oil exceeds $71 per barrel again

The price of a barrel of Azeri LT CIF oil on the world market has grown by $0.63

Ministries of Energy and Economy of Azerbaijan and Bulgaria to negotiate launch of Azerbaijani gas supplies

Bulgaria hopes to address the problem of environmental pollution through cooperation with the State Oil Company of Azerbaijan (SOCAR)

Azerbaijan to participate in gasification of Bulgaria

President of Azerbaijan Ilham Aliyev and Bulgarian Prime Minister Boyko Borisov made statements for the press after the official meeting.

Formation of Energy Issues Regulation Agency in Azerbaijan underway

The Property Acceptance Commission under the Ministry of Energy of Azerbaijan has been established for support of activity of the Energy Issues Regulation Agency

Price of a barrel of Azerbaijani oil on world market has risen

The price of a barrel of Azerbaijani oil Azeri LT CIF on the world market has increased by $0.59

Azerbaijan Energy Ministry’s administration optimized

The Ministry of Energy of Azerbaijan has carried out structural changes

4th ministerial meeting within Advisory Council of Southern Gas Corridor to be held in February

The date of the 4th meeting of energy ministers within the Southern Gas Corridor Advisory Council has been defined

Azeri oil price exceeded $71 a barrel

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

Azeri oil price exceeded $70 a barrel again

The price of a barrel of Azerbaijani oil Azeri LT CIF on the world market increased by $0.58

PROKON successfully delivered the project for SOCAR Polymer

PROKON announces the accomplishment of engineering, procurement and construction (EPC) works at Conditioning Facility within PP/HDPE (Polypropylene/High density polyethylene) Project for SOCAR Polymer.

Azerbaijan met its commitment on reduction of oil production as part of OPEC/NOPEC deal in December 2017

Last month Azerbaijan fulfilled the undertaken commitment to reduce oil production as part of the OPEC/NOPEC transaction.