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

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

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%

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

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%.

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%.

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

Energy Minister to participate OPEC/NOPEC meeting in Vienna

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

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%

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.

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.

Gazprom resumed natural gas exports to Azerbaijan

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

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.

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%.

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%.

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.

$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

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

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.

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%.

Azerbaijani oil price has grown

Cost of a barrel of Azerbaijani oil Azeri LT CIF on the world market has increased by $0.41 or 0.65%.