Oil price on world markets
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 ...
SOFAZ hosts seminar on EITI implementation

SOFAZ hosts seminar on EITI implementation

22.07.2016 [19:03]
A seminar on Extractive Industries Transparency Initiative (EITI) reporting has today been conducted in the State Oil Fund of the Republic of Azerbaijan (SOFAZ) ...
Oil price on world markets

Oil price on world markets

22.07.2016 [11:16]
The price of oil fell in the world markets. On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil decreased $0.76 to stand ...
Angolan Company is interested in cooperation with SOCAR

Angolan Company is interested in cooperation with SOCAR

21.07.2016 [18:08]
Angola’s oil and gas company is interested in cooperation with the State Oil Company of Azerbaijan (SOCAR), said director general of the Sonangol Hidrocarbonetos İnternational Frederico Domingos in a meeting with President of SOCAR Rovnag Abdullayev ...
Mexican Ambassador to Azerbaijan meets SOFAZ Executive Director

Mexican Ambassador to Azerbaijan meets SOFAZ Executive Director

21.07.2016 [15:31]
Ambassador of Mexico to the Republic of Azerbaijan Rodrigo Labardini accompanied by Head of the Competitive Technical Intelligence Unit of the Mexican Institute of Petroleum (IMP) Victor Ortiz has met with Executive Director of the State Oil Fund of Azerbaijan ...
Oil price on world markets

Oil price on world markets

21.07.2016 [11:11]
The price of oil rose again in the world markets. On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil increased $0.56 to stand ...
Siemens to supply compressor trains for Trans Adriatic Pipeline

Siemens to supply compressor trains for Trans Adriatic Pipeline

20.07.2016 [19:47]
Siemens has won an order from the Trans Adriatic Pipeline consortium for six 15-megawatt SGT-400-driven turbo compressor trains. The Trans Adriatic Pipeline (TAP) will open up the so-called Southern Gas Corridor for Europe. Installation is scheduled ...
SOCAR to continue its projects in Turkey

SOCAR to continue its projects in Turkey

20.07.2016 [19:02]
“As always we trust the Turkish government, people’s will, economy and stability implicitly,” President of Azerbaijan`s state oil firm, SOCAR, Rovnag Abdullayev has told Anadolu Agency ...
Azerbaijan-Vietnam Intergovernmental Commission to meet for the first time in October

Azerbaijan-Vietnam Intergovernmental Commission to meet for the first time in October

20.07.2016 [17:34]
“The first meeting of the Azerbaijan-Vietnam Intergovernmental Commission on economic, trade, scientific and technical cooperation has been scheduled for October 2016 in Vietnam,” said Energy Minister Natig Aliyev as he met with Azerbaijani Ambassador in Hanoi Anar Imanov ...
Oil price on world markets

Oil price on world markets

20.07.2016 [11:12]
The price of oil changed in the world markets. On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil decreased $0.44 to stand ...
US State Department’s special envoy on energy: Even though there are no American companies in TAP project, we have still made this a US government priority

US State Department’s special envoy on energy: Even though there are no American companies in TAP project, we have still made this a US government priority

19.07.2016 [17:23]
“There’s been an American involvement in TAP because the US government has championed this project from Azerbaijan, through Turkey and Greece and Albania and inside Italy. I’ve spent much more time on this one project than any other project I’ve ever ...
SOCAR, Transgaz sign MoU

SOCAR, Transgaz sign MoU

19.07.2016 [17:09]
SOCAR and Transgaz of Romania have signed a Memorandum of Understanding as SOCAR President Rovnag Abdullayev met a Romanian delegation. The agreement aims to strengthen cooperation on gas transportation and increase ...
Polish Undersecretary of State for Economic Development to visit Azerbaijan

Polish Undersecretary of State for Economic Development to visit Azerbaijan

19.07.2016 [14:24]
“Polish Undersecretary of State in the Ministry of Economic Development Radosław Domagalski-Łabędzki plans to visit Azerbaijan accompanied by a delegation of the Polish Entrepreneurs Foundation on September 26-27,” said Polish Ambassador in ...
Oil price on world markets

Oil price on world markets

19.07.2016 [11:04]
The price of oil continue falling in the world markets. On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil decreased $0.82 to stand ...
Oil price on world markets

Oil price on world markets

18.07.2016 [10:42]
The price of oil dropped again in the world markets. On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil decreased $0.29 to stand ...
EU to invest €263 million in energy infrastructure

EU to invest €263 million in energy infrastructure

17.07.2016 [11:48]
European Commission (EC) announced Friday that member states agreed on commission’s proposal to invest €263 million in key trans-European energy infrastructure projects. In total, nine projects were selected under the Connecting Europe Facility (CEF) ...
Oil prices rise on world markets

Oil prices rise on world markets

16.07.2016 [13:41]
Oil prices have again risen on the world markets. On NYMEX (New York Mercantile Exchange) cost of the US Light crude oil increased $1.02 to stand at $46.24. Price of the Brent ...
SOFAZ gains $2.5 million of profit from development project of Shah Deniz field

SOFAZ gains $2.5 million of profit from development project of Shah Deniz field

15.07.2016 [19:04]
Azerbaijan’s State Oil Fund (SOFAZ) gained $2,506 billion of profit from 2007 to July 1, 2016 by implementing the development project of the giant Shah Deniz gas condensate field in the Caspian Sea. According to the Department of Public Relations of SOFAZ, it earned some ...
Oil price on world markets

Oil price on world markets

15.07.2016 [11:05]
The price of oil changed again in the world markets. On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil decreased $0.12 to stand ...