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  • Fuel and Energy
  • item

    Azerbaijan's ACG sold 246 million tons of profit oil

    246 million tons of profit oil produced from Azerbaijani sector of the Caspian Sea oilfield block Azeri, Chirag and deepwater Gunashli was sold at the world market as of 1 October of the year.

    1 November - 11:57

  • item

    Azerbaijani MPs ratified extension of Contract of Century until 2050

    The Azerbaijani parliamentarians have ratified today the Contract for extension of the development of oilfield block Azeri-Chirag-Gunashli until 2050.

    31 October - 13:14

  • item

    Azerbaijani oil has slightly risen in price

    The price of a barrel of Azerbaijani oil Azeri LT CIF on the world market increased by $0.16 or 0.26%.

    31 October - 11:43

  • item

    European Investment Bank to allocate $1.3 bn for TANAP

    The European Investment Bank (EIB) will give a loan for financing Trans-Adriatic Gas Pipeline (TANAP)

    30 October - 16:36

  • item

    TOTAL may participate in development of field Umid and prospective structure Umid-Babek

    Azerbaijan's Energy Minister Parviz Shahbazov has received Vice-President of TOTAL Group of Companies for Southern Europe & the Caspian Region Bernard Clement.

    26 October - 17:39

  • item

    BP held presentation of forecasts until 2035 at Azerbaijan Energy Ministry

    Azerbaijan's Energy Minister Parviz Shahbazov has received a delegation led by BP Regional President for Azerbaijan, Georgia and Turkey Gary Jones.

    26 October - 11:02

  • item

    Azerbaijan-Kazakhstan Commission on Economic Cooperation to hold a meeting until end of 2017

    Azerbaijan's Energy Minister Parviz Shahbazov received the Ambassador of Kazakhstan to the country Beibit Isabayev.

    24 October - 17:32

  • item

    International conference Oil Spills 2017 to be held in Baku

    Conference Oil Spill Control Caspian: Onshore & Offshore - Oil Spills 2017 is to be held on 27-28 November 2017. The event has been traditionally supported be the Ministry of Emergency Situations of Azerbaijan and the State Oil Company of Azerbaijan.

    23 October - 17:20

  • item

    Energy Minister: Azerbaijan ready to endorse a decision to stabilize production

    Azerbaijan regards seriously all the undertaken commitments, including the ones to OPEC.

    20 October - 12:58

  • item

    New Energy Minister Parviz Shahbazov received Turkish Ambassador to Azerbaijan

    Azerbaijan's Energy Minister Parviz Shahbazov has received Ambassador of Turkey to Azerbaijan Erkan Ozoral.

    19 October - 12:06

  • item

    Azerbaijan to introduce a new mechanism of regulation of power sector

    Deputy Energy Minister of Azerbaijan Gulmammad Javadov has received representatives of the U.S. Agency for International Development (USAID).

    16 October - 16:48

  • item

    Nobel Oil was honored with the “Transparent Tax Partner” status

    Nobel Oil was honored with the “Transparent Tax Partner” status by the Ministry of Taxes of the Republic of Azerbaijan for its transparent financial performance.

    16 October - 11:44

  • item

    New Energy Minister introduced to staff of Ministry of Energy of Azerbaijan

    New Energy Minister Parviz Shahbazov has been introduced today to the staff and governmental agencies operating in the energy sector.

    13 October - 16:55

  • item

    Parviz Shahbazov appointed Energy Minister of Azerbaijan

    President Ilham Aliyev has signed a decree on the appointment of the Minister of Energy of Azerbaijan.

    12 October - 17:29

  • item

    SOCAR has no plans to stop operation of Baku-Novorossiysk pipeline

    SOCAR has no plans to suspend operation of Baku-Novorossiysk oil pipeline in the future.

    12 October - 14:19

  • item

    Rovnag Abdullayev: Signing of a new Contract of Century on best-for-Azerbaijan conditions proves country’s economic power

    Argus International Oil Summit Azerbaijan 2017 started its work in Baku today.

    12 October - 11:47

  • item

    Nobel Oil Services’ performance is highly evaluated by Board of Directors

    The Board of Directors highly evaluated the performance of Nobel Oil Services on the third quarter Meeting.

    6 October - 12:15

  • item

    Azerbaijan’s head orders gasification of Lahich village in Ismayilli district

    President Ilham Aliyev of Azerbaijan has signed an order concerning the measures aimed at ensuring the gasification of village Lahich of Ismayilli district of Azerbaijan.

    6 October - 11:41

  • item

    Another 13,249 apartments received gas in Azerbaijan

    National gas supply operator Azerigaz continues taking steps aimed at gasification of multi-storey buildings.

    5 October - 16:25

  • item

    Regular Caspian Technical Conference & Exhibition – SPE to be held in Baku this November

    SPE’s 4th annual Caspian Technical Conference and Exhibition will consider the key oil and gas issues in Baku.

    5 October - 12:57

  • item

    Azerbaijan's Oil Fund received over $126 bn from Contract of Century

    The State Oil Fund of Azerbaijan (SOFAZ) has published the amount of profit from sale of profit oil from oilfield block Azeri-Chirag-Gunashli (ACG).

    4 October - 16:32

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