• S&P Global Ratings has affirmed the long- and short-term foreign and local currency sovereign credit ratings on Azerbaijan at “BB+/B”. The outlook on the long-term ratings is stable. ...
  • The Trans Adriatic Pipeline (TAP), which envisages transportation of Azerbaijani gas to Europe, was 91 percent completed as of late December 2019, the TAP AG consortium building the natural gas pipeline said. “At the end of December 2019, the TAP project ...
  • SOCAR and LUKOIL have inked a Memorandum of Understanding on the Nakhchivan prospective structure in the Azerbaijani sector of the Caspian Sea, as well as on the exploration block covering the Caspian-Guba and Goshadash prospective structures in the shallow waters of the sea ...
  • The 50th World Economic Forum under the theme “Stakeholders for a Cohesive and Sustainable World” will start today in Davos, Switzerland. The forum will bring together more than 3,000 political figures, academicians, businessmen and representatives of the non-governmental ...
  • “Saipem's Castoro 6 will shortly arrive in San Foca,” the Trans Adriatic Pipeline (TAP) AG company said in its Twitter account. “The pipe-laying vessel - 152m long and 70.5m wide - will lay pipes across TAP's 105km offshore section in the Adriatic Sea, from Italy to ...

® Bakcell yet again receives National CSR Award

27.01.2020 [19:53]
Bakcell became the winner of “National CSR Award 2019” for its activities in the corporate social responsibility (CSR) area during the year 2019. The “National CSR Award 2019” was presented to Bakcell for its “Communication through Arts” project, implemented ...

Standard & Poor's affirms Azerbaijan`s credit rating at “BB+/B”

27.01.2020 [16:55]
S&P Global Ratings has affirmed the long- and short-term foreign and local currency sovereign credit ratings on Azerbaijan at “BB+/B”. The outlook on the long-term ratings is stable. ...

TAP pipeline project 91 percent completed

27.01.2020 [13:51]
The Trans Adriatic Pipeline (TAP), which envisages transportation of Azerbaijani gas to Europe, was 91 percent completed as of late December 2019, the TAP AG consortium building the natural gas pipeline said. “At the end of December 2019, the TAP project ...

Oil prices fall on world markets

27.01.2020 [12:11]
Oil prices have decreased on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil fell $1.30 to trade at $59.39, while the price of Light crude oil at the NYMEX (New York Mercantile Exchange) decreased $1.23 to stand at $52.96. ...

Oil prices fall on world markets

25.01.2020 [11:02]
Oil prices have decreased on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil fell $1.35 to trade at $60.69, while the price of Light crude oil at the NYMEX ...

Azeri Light crude sells for $65.71

24.01.2020 [12:24]
Azerbaijani oil price has decreased on the world markets. The price of a barrel of Azeri Light crude oil fell $1.23 to stand at $65.71 ...

Oil prices rise on world markets

24.01.2020 [11:56]
Oil prices have increased on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil rose $0.18 to trade at $62.22, while the price of Light crude oil at the NYMEX ...

Azerbaijan, International Finance Corporation mull energy cooperation

24.01.2020 [08:57]
Azerbaijan’s Energy Minister Parviz Shahbazov has met with a delegation led by International Finance Corporation (IFC) Regional Manager for the South Caucasus and Russia Jan Van Bilsen. Jan van Bilsen highlighted issues such as the attraction of investments to the private sector, increasing the role of ...

® Azercell’s 4G network recognized as the highest quality in the country

23.01.2020 [20:27]
2019 has passed for Azercell Telecom as a year of large-scale initiatives on network modernization and improvement, as well as expansion of customer experience. During the period from November, 2018 to the end of 2019 Azercell has expanded its 4G network’s geographical coverage all over the country by 366% ...

® Bakcell, INNOLAND introduce young developers to potential investors

23.01.2020 [20:16]
The AppLab project of Bakcell together with INNOLAND Incubation and Acceleration Center held a “Demo Day” for the participants of their joint incubation program. The purpose of the “Demo Day” was to introduce the startups who need access to financing to the potential investors ...

SOCAR, LUKOIL sign MoU

23.01.2020 [19:25]
SOCAR and LUKOIL have inked a Memorandum of Understanding on the Nakhchivan prospective structure in the Azerbaijani sector of the Caspian Sea, as well as on the exploration block covering the Caspian-Guba and Goshadash prospective structures in the shallow waters of the sea ...

Azerbaijani agricultural products exhibited in Dubai

23.01.2020 [13:54]
"Azerbaijan Agricultural Products: Exhibition and Degustation” event organized by “Agro Procurement and Supply” OJSC under the Ministry of Agriculture and Azerbaijan Trade Representative Office in the United Arab Emirates with the support of the Embassy of Azerbaijan in UAE ...

Oil prices fall on world markets

23.01.2020 [12:09]
Oil prices have decreased on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil fell $1.08 to trade at $62.13, while the price of ...

Azeri Light crude sells for $66.94

23.01.2020 [10:59]
Azerbaijani oil price has decreased on the world markets. The price of a barrel of Azeri Light crude oil fell $1.3 to stand at $66.94. ...

World Economic Forum panel discussions highlight Baku International Sea Trade Port’s importance

22.01.2020 [23:33]
Director-General of Baku International Sea Trade Port CJSC Taleh Ziyadov has highlighted the important role of the Baku Port in the East-West transport corridor (Middle Corridor) as he addressed the panel discussions on "Caspian transport corridors in the light of global change” as part ...

Oil prices fall on world markets

22.01.2020 [18:02]
Oil prices have decreased on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil fell $0.22 to trade at $64.37, while the price of ...

Azerbaijan`s State Statistics Committee, Dutch Central Bureau of Statistics ink MoU

22.01.2020 [17:39]
The State Statistics Committee of the Republic of Azerbaijan and the Dutch Central Bureau of Statistics have signed the Memorandum of Understanding on cooperation in the field of statistics. The document was signed by Chairman of Azerbaijan`s State Statistics ...

Azerbaijan, UAE discuss prospects for agricultural cooperation

22.01.2020 [16:40]
An Azerbaijani delegation led by Chairman of the Board of Agro Procurement and Supply OJSC under the Ministry of Agriculture Leyla Mammadova has met with Director of International Offices at Dubai Chamber of Commerce & Industry Omar Abdulaziz Khan as part of their working visit to Dubai, the UAE ...

Azeri Light crude sells for $68.24

22.01.2020 [12:29]
Azerbaijani oil price has decreased on the world markets. The price of a barrel of Azeri Light crude oil fell $0.08 to stand at $68.24 ...