Oil price on world markets
The price of oil continues to rise in the world markets. On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil increased $1.74 to stand at $60.72. ...
Taner Yildiz: “Turkey will be an important part of natural gas reserves in the Caspian region with TANAP project”

Taner Yildiz: “Turkey will be an important part of natural gas reserves in the Caspian region with TANAP project”

20.05.2015 [17:33]
“Trans-Anatolian gas pipeline - TANAP is a project that will be more remembered in the future. Turkey takes advantage of the favorable geographical position in this Project. TANAP is a very important project for the region, but also related to energy resources”, Energy and ...
Oil price on world markets

Oil price on world markets

20.05.2015 [11:50]
The price of oil has fallen in the world markets. On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil decreased $1.44 to stand at ...
Oil price on world markets

Oil price on world markets

19.05.2015 [12:21]
The price of oil has fallen in the world markets. On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil decreased $0.38 to stand at ...
Oil price on world markets

Oil price on world markets

18.05.2015 [12:53]
Oil prices changed in different directions in the world markets. On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the Light crude oil has increased $0.12 to trade at ...
SOCAR’S representative office to open in Batumi

SOCAR’S representative office to open in Batumi

18.05.2015 [12:47]
The State Oil Company of the Azerbaijan Republic (SOCAR) will open its office in Batumi. A delegation led by SOCAR’s President Rovnag Abdullayev will attend the official opening of the office due to be held on May 18 ...
Richard Morningstar: The Turkish Stream will not affect the TANAP, Shah Deniz-2 projects

Richard Morningstar: The Turkish Stream will not affect the TANAP, Shah Deniz-2 projects

17.05.2015 [18:03]
The Turkish Stream will not affect the Trans-Anatolian Natural Gas Pipeline (TANAP) and Shah Deniz-2 projects, said former US ambassador to Azerbaijan Richard Morningstar, according to the Turkish media. He noted Turkey and Azerbaijan have strong relations ...
Society of Petroleum Engineers announces 2nd Annual Caspian Technical Conference and Exhibition

Society of Petroleum Engineers announces 2nd Annual Caspian Technical Conference and Exhibition

15.05.2015 [19:17]
The Society of Petroleum Engineers (SPE) Annual Caspian Technical Conference and Exhibition will take place 4-6 November in Baku, Azerbaijan. The event, hosted by SOCAR and sponsored by SOCAR, BP, Chevron, ExxonMobil, Nobel Upstream, Schlumberger, Statoil and Total, will be the first technical conference i ...
Oil price on world markets

Oil price on world markets

15.05.2015 [14:20]
The price of oil has fallen in the world markets. On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil decreased $0.79 to stand at ...
SOCAR releases a statement on article published in Washington Post newspaper

SOCAR releases a statement on article published in Washington Post newspaper

15.05.2015 [10:43]
State Oil Company of the Azerbaijan Republic (SOCAR) has released a statement on the article headlined “10 members of Congress took trip secretly funded by foreign government” published in Washington Post newspaper, expressing its dissatisfaction and noting that its ...
Shah Deniz field produced 2.6 bn cm of gas and 0.6 m t of condensate in first quarter of 2015

Shah Deniz field produced 2.6 bn cm of gas and 0.6 m t of condensate in first quarter of 2015

14.05.2015 [18:58]
In the first quarter of 2015, Shah Deniz field produced 2.6 billion standard cubic metres (bcm) of gas and 0.6 million tonnes (about 5 million barrels) of condensate, according to BP Azerbaijan. “The field continued to provide reliable deliveries of gas to markets in Azerbaijan (to SOCAR), Georgia (to GOGC), BTC Company and ...
Sangachal Terminal exports about 79.2 million barrels of oil in 1st quarter of 2015

Sangachal Terminal exports about 79.2 million barrels of oil in 1st quarter of 2015

14.05.2015 [18:46]
BP Azerbaijan has said the Sangachal terminal exported 79.2 million barrels of oil and condensate in the first quarter of 2015. “This included about 69 million barrels through Baku-Tbilisi-Ceyhan (BTC), over 8 million barrels through the Western Route Export Pipeline (WREP), about 1.6 million barrels by rail and about ...
‘Some 93% of workforce involved in construction activities under Shah Deniz Stage 2 Project are Azerbaijani nationals’

‘Some 93% of workforce involved in construction activities under Shah Deniz Stage 2 Project are Azerbaijani nationals’

14.05.2015 [18:45]
“Over 10,000 people are involved in construction activities across all main contracts under Shah Deniz Stage 2 Project, and over 93% of them are Azerbaijani nationals,” BP Azerbaijan has said. “In the first quarter, the Shah Deniz Stage 2 project continued to move ahead with a number of milestones achieved ahead of schedule ...
BP: Work to complete interpretation of seismic dataset for Shafag-Asiman block will require some 18 months

BP: Work to complete interpretation of seismic dataset for Shafag-Asiman block will require some 18 months

14.05.2015 [18:33]
BP Azerbaijan has said work to complete interpretation of seismic dataset for Shafag-Asiman block will require some 18 months. “This work will require some 18 months to complete and will be followed by another year required for planning of the first exploration well.” ...
Oil price on world markets

Oil price on world markets

14.05.2015 [10:31]
Oil prices have changed in different directions in the world markets. On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the Light crude oil has decreased $0.25 to trade at $60.50, as well price of British Brent crude oil at the London ICE ...
Caspian European Club holds business forum with participation of Azerbaijani Energy Minister

Caspian European Club holds business forum with participation of Azerbaijani Energy Minister

14.05.2015 [10:19]
A business forum organized by the Caspian European Club with the participation of Azerbaijani Energy Minister Natig Aliyev has kicked off in Baku. Chief Executive Officer of Caspian European Club Telman Aliyev ...
Aktueller Ölpreis in Dollar je ein Barrel

Aktueller Ölpreis in Dollar je ein Barrel

13.05.2015 [14:20]
Der Ölpreis ist auf den Weltmärkten erneut gestiegen, gibt die Nachrichtenagentur AZERTAC bekannt. Ein Barrel (159 Liter) der Sorte „Light Sweet Crude“ stieg an der New Yorker Rohstoffbörse um 1,5 $ und wurde für 60,75 $ verkauft ...
SOFAZ, EBRD discuss business opportunities and prospects for investment projects

SOFAZ, EBRD discuss business opportunities and prospects for investment projects

12.05.2015 [12:35]
The Executive Director of State Oil Fund of the Republic of Azerbaijan (SOFAZ) Shahmar Movsumov has met a delegation led by President of the European Bank for Reconstruction and Development (EBRD) Sir Suma Chakrabarti to discuss business opportunities and prospects for investment projects between SOFAZ and EBRD. ...
OPEC: Oil prices to stay below $100 for next decade

OPEC: Oil prices to stay below $100 for next decade

12.05.2015 [12:29]
Oil prices will remain below the psychologically important $100-a-barrel mark until at least 2025, according to a draft report by the Organization of the Petroleum Exporting Countries (OPEC) said ...