Standard & Poors approves credit rating for Azerbaijan
Standard & Poors credit rating for Azerbaijan stood at BBB-. Fitchs credit rating for Azerbaijan is BBB-. "The Euro decreased to 1.10 US dollars in July from 1.11 in June of 2015. The euro was only introduced as a currency on the first of ...
Turkish Stream project comes to halt, Turkish media

Turkish Stream project comes to halt, Turkish media

31.07.2015 [14:19]
Ankara has reportedly suspended the Turkish Stream project because of a lack of progress in negotiations, according to the Turkish media. Russia has recently submitted a draft project of the first line of the Turkish Stream to the Turkish government. ...
Oil price on world markets

Oil price on world markets

31.07.2015 [11:26]
The price of oil fell again in the world markets. On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil decreased $0.58 to stand at ...
Russian Energy Minister: Turkish stream construction could be delayed

Russian Energy Minister: Turkish stream construction could be delayed

30.07.2015 [17:04]
Russian Energy Minister Alexander Novak said there was a risk construction of an underwater pipeline to Turkey could be delayed if a related intergovernmental agreement was not signed soon, according to Interfax news agency ...
Greek government to resume talks with SOCAR on the sale of control packet of shares of DESFA

Greek government to resume talks with SOCAR on the sale of control packet of shares of DESFA

30.07.2015 [11:21]
Next week, the Greek government will resume talks with Azerbaijan's state oil company SOCAR on the sale of a controlling interest in Greece's gas transmission system operator DESFA, the productive reconstruction, environment and energy minister of Greece, Panos ...
Azerbaijan to produce "Euro-5" gasoline in 2018

Azerbaijan to produce "Euro-5" gasoline in 2018

30.07.2015 [09:40]
State OIl Company of Azerbaijan (SOCAR) will carry out the production of Ai-92 and Ai-95 gasoline in accordance with environmental standards of "Euro-5" from 2018., the Baku Oil Refinery general engineer Nail Amirov said. "According to the established program, Ai- 92 and Ai-95 gasoline will be processed in standards of "Euro-5", he stressed ...
Oil price on world markets

Oil price on world markets

29.07.2015 [09:59]
The price of oil has continued to fall in the world markets. On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil decreased $0.15 to stand at $47.83. Price of British Brent crude oil at the London ICE (InterContinental Exchange Futures) fell $0.19 to trade at $53.11 ...
Azerbaijani Ministry of Agriculture, German's Haller company discuss prospects for cooperation

Azerbaijani Ministry of Agriculture, German's Haller company discuss prospects for cooperation

28.07.2015 [14:03]
Azerbaijani Minister of Agriculture Heydar Asadov has met CEO at Haller Livestock AG Kai Uwe Haller to discuss prospects for cooperatin in the field of agriculture. Minister Asadov stressed the importance of cooperation with German companies in the field of livestock ...
Azerbaijani Ambassador to Ethiopia meets country’s Minister of Culture and Tourism

Azerbaijani Ambassador to Ethiopia meets country’s Minister of Culture and Tourism

28.07.2015 [10:40]
Ambassador of Azerbaijan to Ethiopia Elman Abdullayev has met the country's Minister of Culture and Tourism Amin Abdulkadir. During the meeting, Mr. Abdullayev spoke about Azerbaijan, as well as the country`s achievements gained in tourism sector ...
SOCAR President meets Georgian Premier

SOCAR President meets Georgian Premier

27.07.2015 [19:36]
President of State Oil Company of Azerbaijan (SOCAR) Rovnag Abdullayev has met Georgian Prime Minister Irakli Garibashvili as part of his visit to the country. They discussed economic relations, investment, joint projects and energy affairs. ...
Iran to host 5th International Conference on Management of Technology

Iran to host 5th International Conference on Management of Technology

27.07.2015 [13:07]
The 5th International Conference on Management of Technology (IRAMOT 2015) will be held in Iran on December 16-17. The conference topics include Strategy Technology Planning, Management of Technology Transfer and Learning, Strategic Technological ...
Kenan Yavuz: A part of Petkim PetroKimya Holding shares will be sold out

Kenan Yavuz: A part of Petkim PetroKimya Holding shares will be sold out

24.07.2015 [20:18]
"A part of Petkim PetroKimya Holding shares will be sold out," said SOCAR Turkey chairman Kenan Yavuz. He said SOCAR was considering selling some of its shares of Turkey's Petkim, but it does not plan to allow its stake in Petkim to fall below the 51 percent level ...
Azerbaijan`s Minister of Agriculture meets Japanese ambassador

Azerbaijan`s Minister of Agriculture meets Japanese ambassador

23.07.2015 [20:55]
Azerbaijani Minister of Agriculture Heydar Asadov has met Japanese Ambassador to the country Tsuguo Takahashi. The meeting aimed to discuss the Note to be signed between the Governments of Azerbaijan and Japan on "Japan's Non-Project ...
Baku to host 3rd annual Azerbaijan and Caspian Sea Oil and Gas Week

Baku to host 3rd annual Azerbaijan and Caspian Sea Oil and Gas Week

23.07.2015 [20:34]
Baku on September 28-30 will host the 3rd annual Azerbaijan and Caspian Sea Oil and Gas Week at the luxurious Four Seasons Hotel in Baku. The event will be organized by Oliver Kinross, an internationally renowned business research organization ...
Azerbaijani FM meets Chairperson of Interstate Aviation Committee

Azerbaijani FM meets Chairperson of Interstate Aviation Committee

23.07.2015 [20:17]
Azerbaijani Minister of Foreign Affairs Elmar Mammadyarov has met chairperson of the Interstate Aviation Committee Tatiana Anodina. Mr. Mammadyarov said an agreement signed between Government of Azerbaijan ...
Richard Hoagland: Azerbaijan plays an important role in New Silk Road project

Richard Hoagland: Azerbaijan plays an important role in New Silk Road project

23.07.2015 [17:46]
US principal deputy assistant secretary of State Richard Hoagland has said Azerbaijan plays an important role in New Silk Road project as he held a press conference in Baku. ...
"Southern gas corridor is the project connecting the countries, bringing benefit to producers, transit parties and consumers", President of Azerbaijan

"Southern gas corridor is the project connecting the countries, bringing benefit to producers, transit parties and consumers", President of Azerbaijan

23.07.2015 [14:17]
"We are good partners with Europe, and the project of the Southern gas corridor the implementation of which was given start in September of the last year in Baku is actively realized now. Azerbaijan became the initiator of this project and actively works with ...
Price for Petkim's shares increased several times, SOCAR president

Price for Petkim's shares increased several times, SOCAR president

23.07.2015 [12:47]
"Petkim's share price has grown several times on the market," said President of SOCAR Rovnag Abdullayev. Mr. Abdullayev said SOCAR bought 10 per cent of Petkim's shares from the state and part of the shares from the market. ...