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Azerbaijan's President Ilham Aliyev approved the 'Contract of the Century' to extend the development of the Azeri-Chirag-Gunashli (ACG) block of oil and gas fields until 2050, the official website of the …
Azerbaijan’s state oil company SOCAR will produce additional 3650 tons of oil per year as a result of commissioning of a new well at Oil Rocks offshore field, the message on SOCAR’s website says. Eleven tons of oil is …
Azerbaijan has submitted the data on oil output for September to the Joint Technical Commission of the Joint Monitoring Committee in accordance with the Vienna agreement reached by OPEC and non-OPEC countries. In September Azerbaijan …
Azerbaijan’s state oil company SOCAR will produce additional 5500 tons of oil and 657,000 cubic meters of gas annually as a well was commissioned after overhaul in Sangachal Deniz-Duvanni Deniz-Khara-Zira offshore field. The …
Azerbaijan’s state oil company SOCAR will additionally produce around 3.65 thousand tons of oil and 365 thousand cubic meters of gas annually through commissioning of a new well which is being drilled on the Oil Rocks offshore …
The death of the Azerbaijan’s Energy Minister Natig Aliyev, who passed away today at the age of 69, is a great loss for the republic - Natig Aliyev was one of the most effective and professional leaders, whose name is …
The Shah Deniz-2 project has become one of the most complicated in the history of the world oil and gas industry, BP vice president for the Southern Gas Corridor, Joseph Murphy, said at the opening of the CASPIAN OIL & GAS …
The 24th International Caspian Oil and Gas exhibition, Caspian Oil&Gas 2017, and the 7th Caspian International Power and Alternative Energy Exhibition have kicked off in Baku today. Azerbaijan's president Ilham …
İlham Aliyev and his friends have literally protected the inheritance from the founding president of Azerbaijan
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 …
Russia’s Transneft Company has suspended oil transportation from Azerbaijan to Novorossiysk port due to repair works in Makhachkala, Transneft spokesman Igor Demin said. No information was released …
In 2017, SOCAR plans to export about 1.5 million tons of oil through Russia, while in 2016 this figure is expected to reach 1.3 million tons. Azerbaijan’s State Oil Company SOCAR and Russia’s Transneft have agreed on …
Technip's position is strengthened by a service contract with SOCAR
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 …
Oil prices will double as the global oil demand will regularly increase since next year, Azerbaijani Energy Minister Natig Aliyev believes. He said in his article published on Respublika newspaper that …
Azerbaijan invites China to cooperate with local business companies, especially in the field of industry, more actively, the Deputy Economy Minister of Azerbaijan, Niyazi Safarov, said at the meeting of the Azerbaijan-China …
The company notes a historical level of oil production at the Azeri field
The President of the State Oil Company of Azerbaijan, Rovnag Abdullayev, met with Iran's Oil Minister Bijan Namdar Zanganeh today. "Zanganeh said that Iran attaches great importance …
The United States imported 2.1 million barrels of oil from Azerbaijan during the first four months of 2016, APA reportswith reference to the US Department of Energy (DOE). In the same period of 2015, the US did not import oil …
Low oil prices play a positive role in continuing the work to implement economic reforms in Azerbaijan, the Azerbaijan’s Deputy Foreign Minister, Rector of ADA University Hafiz Pashayev, said at a conference titled …
