Azeri Light crude sells for $66

26.10.2019 [13:07]
Azerbaijani oil price has increased on the world markets. The price of a barrel of Azeri Light crude oil rose $0.34 to stand at $66 ...

Oil prices jump on world markets

26.10.2019 [11:52]
Oil prices have increased on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil rose $0.35 to trade at $62.02, while the price of ...

SOFAZ revenue and expenditure statement for January-September 2019

25.10.2019 [18:21]
Budget revenues of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) for the period of January-September, 2019 reached 14 715.2 million manats, while budget expenditures constituted 7 680.4 million manats. Revenue of 12 074.9 mln. manats was received from implementation of oil and gas agreements ...

AZPROMO invites entrepreneurs to join MUNI WORLD 2020 in Israel

25.10.2019 [15:54]
Azerbaijan Export and Investment Promotion Foundation (AZPROMO) has invited local entrepreneurs to attend MUNI WORLD 2020 Global Brainstorming on Smart Cities and Urban Security to be held in Tel ...

® Azercell becomes winner in nomination of “Innovation Event of the Year”

25.10.2019 [14:39]
The success of Azercell Telecom, the digital solutions provider and the leading mobile operator of the country is in the spotlight. The “Eurasia Innovation Day” event and “Innovation Awards Gala” ceremony, organized by the Ministry ...

Azerbaijan Innovation Award winners announced

24.10.2019 [20:47]
The awards ceremony Innovation Awards Gala was organized at Heydar Aliyev Center by the Ministry of Transport, Communications and High Technologies jointly with company Huawei. Speaking at the awards ceremony organized as part of InnoWeek ...

Eurasia Innovation Day held as part of InnoWeek

24.10.2019 [20:24]
An event entitled Eurasia Innovation Day has been held at Heydar Aliyev Center as part of InnoWeek - Innovation Week. The event was jointly organized by the Ministry of Transport, Communications and High Technologies and Huawei company ...

SOCAR, Romgaz sign MoU

24.10.2019 [17:58]
The State Oil Company of the Republic of Azerbaijan (SOCAR) and S.N.G.N. Romgaz S.A. have signed a Memorandum of Understanding under which the two companies will jointly cooperate in upstream oil and gas projects. The purpose of this ...

Azerbaijan ranks 34th in Doing Business 2020 report

24.10.2019 [15:25]
Azerbaijan has been ranked 34th with 76.7 points among 190 countries in the World Bank`s Doing Business 2020 report. “Azerbaijan made it easier to do business in four areas measured by Doing Business: registering property, getting credit ...

Azeri Light crude sells for $64.35

24.10.2019 [11:49]
Azerbaijani oil price has increased on the world markets. The price of a barrel of Azeri Light crude oil rose $0.10 to stand at $64.35 ...

Oil prices fall on world markets

24.10.2019 [11:26]
Oil prices have decreased on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil fell $0.21 to trade at $60.96, while the price of Light crude oil at the NYMEX ...

® Nar launches “Canlı Kitab” social project

23.10.2019 [19:36]
Always providing support to people with physical disabilities in the projects of social importance, Nar has started a project “Canlı Kitab” in cooperation with the radio channel “Radio Antenn” 101 FM. As part of the project ...

SOFAZ Executive Director meets with AmCham Azerbaijan members

23.10.2019 [15:32]
The American Chamber of Commerce in Azerbaijan (AmCham Azerbaijan) hosted another members’ luncheon. The honorable guest speaker of this month was Executive Director of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) ...

Azeri Light oil price exceeds $64

23.10.2019 [12:21]
Azerbaijani oil price has increased on the world markets. The price of a barrel of Azeri Light crude oil rose $1.49 to stand at $64.25 ...

Oil prices fall on world markets

23.10.2019 [11:37]
Oil prices have decreased on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil fell $0.19 to trade at $59.51, while the price of ...

International Tbilisi Silk Road Forum highlights Azerbaijan's economic potential

23.10.2019 [10:22]
A documentary highlighting Azerbaijan`s economic potential and its developments prospects has been broadcast during third the international Silk Road Forum held under the motto “Partnership for Global Impact” in Tbilisi, Georgia ...

Azerbaijan transports about 1,8 billion cubic meters of natural gas through TANAP this year

22.10.2019 [18:39]
Azerbaijan transported some 1,8 billion cubic meters of natural gas via the Trans-Anatolian Natural Gas Pipeline Project (TANAP) this year. According to SOCAR, the TANAP transported 1 billion 798 million cubic meters of natural gas in the nine months of 2019. ...

TANAP receives The Stevie Awards

22.10.2019 [16:05]
The Trans Anatolian Natural Gas Pipeline (TANAP) has received the US-based 2019 International Business Awards (The Stevie Awards) in the category of Corporate Social Responsibility Program of the Year - in Europe. TANAP General Manager Saltuk Duzyol was presented the award at the ceremony held in Vienna ...

Baku to host International Energy Charter Forum

22.10.2019 [15:09]
The International Energy Charter Forum on the theme of “Enabling Energy Transformation through Technology and Policy Innovations” will be held in Baku on October 24. The forum will be attended by top ranking officials from ...