SOCAR, BP launch new program in BHOS

SOCAR’s Baku Higher Oil School and BP launched the “Business education for engineers” course

Export of Azerbaijani gas drops by almost 40%

The State Customs Committee (SCC) of Azerbaijan named the volume and value of natural gas exported in January-February

Azerbaijan doubles export of oil products

In January-February, Azerbaijan exported crude oil worth $1.827 bn

Another AZN 100 mln allocated for gasification of settlements in Azerbaijan

Azerbaijani President Ilham Aliyev signed an order on measures for gasification of settlements

Oil and gas production in Baku for January decreased

In January it was produced 167,800 tons of diesel fuel in Baku

Azerbaijani oil has fallen in price

The price of a barrel of Azerbaijani oil Azeri LT CIF on the world market has declined by $1.38

Azerbaijani oil has fallen in price

The price of a barrel of Azerbaijani oil Azeri LT CIF on the world market has declined by $1.38

Azeri oil price has declined

Cost of Azerbaijani oil barrel Azeri LT CIF in the world market has decreased by $0.88

Azerbaijan’s head took part in ceremony of opening of Mingachevir hydroelectric power station after its reconstruction

Azerbaijani President Ilham Aliyev attended the opening ceremony of Mingachevir hydroelectric power station with capacity of 424 MW after its reconstruction.

Price of Azerbaijani oil at world market has grown by 1.1%

The cost of Azeri oil barrel Azeri LT CIF on the world market increased by $0.77 or 1.13%

A rig launched into sea for drilling at Absheron field

The semi-submersible drilling rig named after Heydar Aliyev was dispatched on 23 February 2018

Azerbaijan’s Energy Minister to take part in laying foundation of Afghan part of TAPI pipe

A groundbreaking ceremony of the Afghan part of gas pipeline Turkmenistan-Afghanistan-Pakistan-India (TAPI) will be held on 23 February

Memorandum of Understanding signed between SOCAR-AQŞ and Bangladesh’s BAPEX

SOCAR-AQŞ CEO Ramin Isayev met with the delegation led by Mohammed Shahidula Hag

2.87 barrels of oil invested in Baku-Tbilisi-Ceynan since 2016

Last year BTC Co spent $162 million in the pipeline Baku-Tbilisi-Ceynan (BTC)

$1.6 bn invested in Contrace of Centyry in 2017

The total ACG production for 2017 was about 215 million barrels or 29 million tons in total

Fitch affirms SOCAR at 'BB+'

Fitch Ratings has affirmed State Oil Company of Azerbaijan (SOCAR) Long-Term Issuer Default Rating (IDR) at 'BB+'.

Azerbaijan’s president has met with First Deputy PM of Georgia

Today, Azerbaijani President Ilham Aliyev has met with First Deputy Prime Minister of Georgia and Minister of Economy & Sustainable Development Dmitry Kumsishvili

Azerbaijan’s head has met with Deputy Minister of Economic Development of Italy

Today, Azerbaijani President Ilham Aliyev has met with Deputy Minister of Economic Development Ivan Scalfarotto of Italy

Gas pipe TANAP to take place in July

The 4th meeting of the Southern Gas Corridor Advisory Council has been held in Baku.

Azerbaijan’s head met with European Commission’s Vice-President for Energy Union

President Ilham Aliyev of Azerbaijan has met with Maroš Šefčovič, Vice-President for Energy Union of the European Commission.

Southern Gas Corridor Advisory Council holds 4th Ministerial Meeting in Baku

Azerbaijani President Ilham Aliyev is taking part in the 4th Ministerial Meeting of the Southern Gas Corridor Advisory Council in Baku