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.

Azeri oil price fell to $69.86 a barrel

The price of a barrel of Azerbaijani oil Azeri LT CIF on the world market declined by $0.06 (0.09%).

Azerbaijan generated 1.9 bn kWh of electricity in December 2017

Last month electricity generated in Azerbaijan amounted to 1.9 bn kWh that is by 300 million kW/h or of 13.64% less than for December 2016

Azerbaijani oil price exceeded $70 a barrel

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

Azerbaijan forms 56% of world's profit oil

To date Azerbaijan has produced 250 million tons of profit oil from the Azeri-Chirag-Guneshli oilfield block

Oil Azeri LT CIF has increased in price

The price of Azerbaijani oil grade Azeri LT CIF on the world market has increased by $1.3

Oil prices keep on increasing

World oil prices continue rising, and the American cost advantage strengthens the position of the US oil industry in the export zone

Azerbaijani oil price stays stable

The price of Azerbaijani oil grade Azeri LT CIF on the world market remained at the same level, having increased slightly by $0.01

Azerbaijani oil price has grown

The price of Azerbaijani oil grade Azeri LT CIF on the world market has increased by $1.81

Azərişıq switches to active regime

Azerbaijan’s electric supply operator Azərişıq will operate in active regime during the New Year’s holidays

Azerbaijani-based company Global Energy Solutions expands its business to Kazakhstan

Azerbaijani-based company Global Energy Solutions (Glensol), one of the leading providers of maintenance and integrity solutions to the oil and gas, power and water, chemical industries expanded its business to Kazakhstan

Azerbaijani oil price declines to $66.37 a barrel

On the world market Azeri crude oil Azeri LT CIF fell by $0.14 (0.21%) on 22 December and remains at this level.

Azerbaijan raises syndicated loan worth $524.5 mln for Shah Deniz project development

Southern Gas Corridor has raised a syndicated loan worth $524.5 mln

The price of Azerbaijani oil drops slightly

Azeri LT CIF oil fell by $ 0.03 (0.05%) in price on the world market

Power supply to be restricted to Masazir settlement today

Interruptions in power supply will be observed in the Masazir settlement of Baku's Absheron district

SOCAR and Total discuss prospects for cooperation in Absheron field development

The State Oil Company of Azerbaijan (SOCAR) and Total Company discussed prospects for cooperation

Azeri Light oil grows in price

Azerbaijan's Azeri LT CIF has grown in price by $0.78 (1.18%) on the world market

SOCAR produced 5,537.7mln cubic meters of gas since early this year

26,086.7 mln cubic meters were produced in Azerbaijan in January-November

Azerbaijan produces over 35.3 mln tonnes of oil since early year

The State Oil Company of Azerbaijan (SOCAR) has produced 6,802,300 tonnes of oil since the beginning of the year

SOCAR and Statoil sign agreements on main principles of perspective cooperation

SOCAR President Rovnag Abdullayev has held a meeting with Statoil's General Vice President Al Cook

Azerbaijani oil drops in price

Price of Azerbaijani oil Azeri LT CIF on the world market dropped by $0.36 (0.54%)