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The head of Turkish Energy Ministry Berat Albayrak will visit Azerbaijan for a working visit, Turkish Ambassador to Baku to Ercan Ozoral said. According to him, Albayrak will participate in the third …
Azerbaijan and the Czech Republic have established sustainable economic relations, the Minister of Industry and Trade of the Czech Republic Jan Mladek said at the Azerbaijani-Czech business forum in Baku. Mladek noted …
Technip's position is strengthened by a service contract with SOCAR
The World Bank’s board of directors approved loans of $400 million each for Turkey and Azerbaijan, for the Trans-Anatolian Natural Gas Pipeline (TANAP) project. The loans will be supplied through the World Bank's …
The oil output forecast for Azerbaijan for 2017 shows plans to reduce oil production by 35,000-42,000 barrels a day compared to current level; such plans are in …
Indicators of the actual market balance
The Asian Development Bank is planning to provide $1bn to expand the operations of Azerbaijan’s Shah Deniz II gas field
The oil is running out and the need to diversify its streams of economic sustenance is more vital now than ever
The State Oil Company of Azerbaijan (SOCAR) closes an export pipeline running to Iran for repairs. According to the Company, from 9 am to 6 pm on November 29 the SOCAR Gas Export Department will suspend gas supply on the Astara …
Market activity was low because of the U.S. Thanksgiving holiday
BP, as operator of the development of offshore bloc Azeri-Chirag-Guneshli, restarts today one of the main production platforms in the Caspian Sea. BP Azerbaijan reports that the 12-day program on maintenance work on the East Azeri …
The State Oil Fund of Azerbaijan aims to soon lift its cap on investment in stocks to 25%
President of Azerbaijan Ilham Aliyev and President of the Bolivarian Republic of Venezuela Nicolas Maduro have held a meeting in a narrow format. President Aliyev said that President Maduro’s …
Azerbaijani President on various aspects of Azerbaijan's life and achievement of a resolution of the Nagorno-Karabakh conflict
The Ministry of Emergency Situations and the State Oil Company of Azerbaijan (SOCAR) have announced the completion of the extinguishing a fire at the offshore platform 'Gunashli-19' in the Azerbaijani sector of the Caspian Sea on …
Construction of the last part of Trans-Anatolian Pipeline (TANAP) in Turkey will be carried out by 'Limak' (Turkey)-'Punj Lloyd'(India)-'Kalyon Group' (Turkey) consortium of companies. 'Limak' Board of …
Shah Deniz Stage 2 project is of great importance for Azerbaijan, the country’s President Ilham Aliyev said at the Shah Deniz Stage 2 Production and Risers Platform Jacket Sail Away Event. "I congratulate …
The Telegraph tells about some features of the Azerbaijani culture and way of thinking
It is planned to produce first gas from the Absheron gas condensate field in 2019, First Vice-President of the Azerbaijani state oil company SOCAR Khoshbakht Yusifzade said, Trend reports. He made the remarks at the …
The State Oil Company of Azerbaijan Republic (SOCAR) has signed a Memorandum of Understanding on a project for the construction of the future Ionian-Adriatic gas pipeline (IAP) with Croatia, Albania, Bosnia and Herzegovina and …
