Energy Minister visited Central Azeri Platform

Energy Minister Parviz Shahbazov visited oil platform Central Azeri and got acquainted with its work

Azerigaz registered over 43,000 new gas consumers for Jan-May

Gas supplier sub-company Azerigaz of the State Oil Company of Azerbaijan registered 43,153 new gas consumers

Prices for oil keep on growing

Azerbaijani oil Azeri Light has grown in price by $2.11

Construction of TAP pipeline offshore section in Albania finished

The construction of an underwater section of the pipeline in Albanian waters has been completed as part of Trans-Adriatic Pipeline to carry natural gas to Europe

424 entrepreneurs applied to Azerishig last month

Prices for oil grow

Azerbaijani oil Azeri Light has increased in price by $0.24

Rovnag Abdullayev: SOCAR reaches financial indicators of pre-oil crisis level

In 2017 and 2018 SOCAR managed to bring its financial indicators up to the level of the oil crisis and its profit became financially successful

Energy Minister conducted reception of citizens

Energy Minister Parviz Shahbazov has received citizens with the participation of representatives of the relevant structural units

Price of Azerbaijani oil has fallen

Azerbaijani oil Azeri Light has declined in price by $2.77

Oil keeps on falling

Azerbaijani oil Azeri Light has decreased in price by $2.66

Tekfen and SOCAR sign Memo of Understanding on construction of a new urea plant

SOCAR and IBM created artificial intelligence for well design

SOCAR and IBM announced the creation of a prototype tool based on artificial intelligence technology for well design through joint venture Caspian Innovation Center LLC

Working Group on preparation of 2018 EIT report held its first meeting

Working Group on preparation of 2018 EIT report held its first meeting

178 million tons of oil produced on Neft Dashlari so far

178 million tons of oil were produced on the Neft Dashlari

508 million tons of Azerbaijani oil exported to world markets to date

As of 1 May 2019 the volume of Azerbaijani oil exports to world markets reached 508 million tons

Azerbaijan has produced 280 million tons of profit oil from ACG so far

As of 1 May 2019 Azerbaijan produced 280 million tons of profit oil from field block Azeri-Chirag-Gunashli

Prices for oil slump on Thursday, but keep falling on Friday

Azerbaijani oil Azeri Light has declined in price to $69.75 a barrel

BP to launch exploratory drilling on Shah Deniz in 2020

BP plans to start exploration drilling on Shah Deniz field in 2020 in order to study the potential of deep-seated formations

$36 bn invested in Azeri-Chirag-Gunashli block to date

Gas extraction rise of 20% is expected this year

Over $100 bn invested in oil sector of Azerbaijan