SOCAR president received BP Group Chief Executive
President of the State Oil Company of Azerbaijan Republic Rovnag Abdullayev met with visiting delegation headed by BP Group ...

TAP Invites Companies to pre-qualify for line pipes and bends

18.12.2014 [15:32]
Trans Adriatic Pipeline AG (TAP) has launched its pre-qualification process for onshore line pipes and bends. The scope for this contract has been divided into six lots which will be delivered to marshalling yards in Kavala and Thessaloniki in Greece and Durres in Albania ...
Oil price on world markets

Oil price on world markets

18.12.2014 [12:01]
Oil prices have changed different directions in the world markets. On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil has increased $0.54 to ...
Oil price on world markets

Oil price on world markets

17.12.2014 [12:51]
Oil prices fall in world markets. On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil has increased $0.02 to trade at $55.93, as well price of British Brent crude oil at the London ICE (InterContinental ...
Oil price on world markets

Oil price on world markets

16.12.2014 [11:28]
Oil prices continue to drop in the world markets. On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil has decreased $1.9 to trade at ...
SOCAR opens 31st Petrol station in Romania

SOCAR opens 31st Petrol station in Romania

16.12.2014 [10:34]
State Oil Company of Azerbaijan (SOCAR) continues to expand its network of filling stations in Romania. "SOCAR" brand new petrol station was opened in the northern region of Romania, Bistrita town located in the border area with Ukraine, on ...

Azerbaijan increases oil export to Poland

15.12.2014 [20:00]
Oil exports from Azerbaijan to Poland increases year after year. This was stated by Minister of Energy Natig Aliyev at the Azerbaijan-Poland business forum held in Baku today. ...

UAE said the refusal of OPEC to cut production even at the price of $ 40 per barrel

15.12.2014 [14:23]
Oil calculator: what will happen to the ruble in the fall in oil prices to $ 50 Special project Speaking at a conference in Dubai, Al Mazrui commented on the proposal of Venezuela to convene an extraordinary OPEC meeting to ...
Russian Gazprombank allocates $420 mln loan to SOCAR

Russian Gazprombank allocates $420 mln loan to SOCAR

13.12.2014 [17:24]
President of the State Oil Company of Azerbaijan Rovnag Abdullayev held a meeting with the delegation led by Chairman of Management Board of Russian Gazprombank Andrey Akimov in the head office of SOCAR. Abdullayev spoke about achievements gained by SOCAR during recent years, gave detailed ...
Azerbaijan, Germany reached agreement on long-term development of nanotechnology

Azerbaijan, Germany reached agreement on long-term development of nanotechnology

12.12.2014 [14:25]
Aachen University of Germany and the "Oil and gas research project" Institute of Azerbaijan State Oil Company of Azerbaijan, SOCAR, have reached an agreement on long-term development of nanotechnologies. The sides discussed research, application and ...

"South" gas corridor paves the way for Europe's energy security

12.12.2014 [13:55]
High-level meeting entitled "South" Corridor - the opening of Europe's energy security” was held in Brussels. The event discussed ...
 Fluctuation in the price of oil on world markets

Fluctuation in the price of oil on world markets

12.12.2014 [12:12]
The price of oil has changed in different directions on world markets. On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil has decreased $0.99 to ...
SOCAR strengthening in fuel market of Odessa region

SOCAR strengthening in fuel market of Odessa region

11.12.2014 [15:03]
"SOCAR" brand new petrol station was opened in the industrial district of Odessa region, press-service of the State Oil Company said. It is the 11th in Odessa, and the 43rd gas filling station opened by SOCAR in Ukraine ...
Oil price on world markets

Oil price on world markets

11.12.2014 [11:39]
Oil prices continue to drop in the world markets. On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil has decreased $2.88 to ...
Oil price changes in world markets

Oil price changes in world markets

10.12.2014 [15:52]
Oil prices have changed in the world markets. The Department of Marketing and Economic Operations of the State Oil Company of Azerbaijan (SOCAR) informed that the price of a barrel ...
In November SOCAR’s payments to the state budget totaled 142 million AZN

In November SOCAR’s payments to the state budget totaled 142 million AZN

09.12.2014 [15:20]
According to Azerbaijani State Oil Company (SOCAR), in November 2014 SOCAR transferred to the state budget 142,373,000 AZN. During January-November 2014, SOCAR has transferred to the state budget 1,706,921,000 AZN. SOCAR’s payments to the state budget ...
Oil price on world markets

Oil price on world markets

09.12.2014 [12:30]
Oil prices continue to drop in the world markets. On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil has decreased $2.79 to trade at ...
Turkish stretch of TANAP to be laid in the first quarter of coming year

Turkish stretch of TANAP to be laid in the first quarter of coming year

08.12.2014 [18:42]
Works on the Trans-Anatolian Natural Gas Pipeline (TANAP) project are in success. The project has completed tenders for the supply of pipe lines. The announcement of the construction tenders is nearly completed, President of the State Oil Company of Azerbaijan (SOCAR) ...
BTC pipeline carried 1.7 million tons of Azerbaijan oil in November

BTC pipeline carried 1.7 million tons of Azerbaijan oil in November

06.12.2014 [13:18]
1.719.684 tons of Azeri oil have been carried out via Baku-Tbilisi-Ceyhan (BTC) pipeline in November SOCAR reported. ...