Representatives of Ministry of Digital Development & Transport attending ITU World Summit on Information Society

02.06.2022 [18:24]
The final part of the ITU’s (International Telecommunication Union) World Summit on the Information Society (WSIS-2022) is taking place in Geneva. Azerbaijan is represented at the summit by the representatives of the Ministry of Digital Development and Transport and the E-GOV Development ...

Expansion of Southern Gas Corridor discussed as part of Baku Energy Forum

02.06.2022 [18:24]
Azerbaijan’s Energy Minister Parviz Shahbazov has held a number of meetings on the sidelines of the Baku Energy Week. At the meeting with Director of Energy Policy at DG ENER Cristina Lobillo Borrero, the issues on the agenda of the energy dialogue between Azerbaijan ...

Azercosmos starts to cooperate with Spanish high-tech company

02.06.2022 [13:50]
Azercosmos under Azerbaijan’s Ministry of Digital Development and Transport has signed a Protocol of Intent with GTD Ingenieria de Sistemas, Spain’s aerospace, defense and security company.The document lays the foundation for cooperation in mutually beneficial space projects ...

Azerbaijan’s Energy Minister: We will sign a new contract on energy projects in Shusha

02.06.2022 [13:35]
"We will sign a new contract on energy projects in Shusha,” said Azerbaijan’s Minister of Energy Parviz Shahbazov as he addressed the Baku Energy Forum. “This is an adequate reaction of investors to the call for the use of the rich renewable energy potential of the liberated territories in the green energy zone concept with zero emissions ...

® Baku Steel Company participates in International Caspian Oil & Gas Exhibition

02.06.2022 [12:53]
Baku Steel Company CJSC is participating in the 27th International Caspian Oil & Gas Exhibition held at the Baku Expo Center as part of the Baku Energy Week from June 1 to 3.The company has a large stand at the exhibition. Samples of the company's high-quality square and round billets ...

Azerbaijan, Italy discuss expansion of bilateral economic and trade relations

02.06.2022 [12:15]
Azerbaijan`s Minister of Economy Mikayil Jabbarov has met with Italy’s Undersecretary of State at the Ministry of Ecological Transition Vannia Gava. During the meeting, the sides discussed expansion of the bilateral economic ...

Baku Energy Forum kicks off
More than 400 delegates from 20 countries attend the forum VIDEO

02.06.2022 [12:05]
The Baku Energy Forum has kicked off on the sidelines of the Baku Energy Week in the Azerbaijani capital. The two-day event will focus on global energy prospects, financing the transition to green energy, gas supplies, a map of exploration, production opportunities in the Caspian region ...

Oil prices drop on world markets

02.06.2022 [11:21]
Oil prices have decreased on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil fell $1.96 to trade at $114.33, while the price of the Light crude oil at the NYMEX (New York Mercantile Exchange) decreased $2.07 to stand at $113.19 ...

Azerbaijani oil sells for more than $125

02.06.2022 [10:49]
Azerbaijani oil price has decreased on the world markets. The price of barrel of Azeri Light crude oil fell $1.55 to trade at $125.93 ...

Azerbaijan`s Minister of Economy: Value added in refining industry increased by 12.2%

01.06.2022 [21:37]
“As a result of promoting the activities of business entities and enterprises in our country, the growth rate of production in various fields has significantly accelerated,” Azerbaijan`s Minister of Economy Mikayil Jabbarov said on Twitter. “In the refining industry, which is one of the priority areas in the development of the non-oil sector ...

Azerbaijan discusses development of energy cooperation with Italy and Kazakhstan

01.06.2022 [21:26]
As part of the Baku Energy Week, Azerbaijan`s Energy Minister Parviz Shahbazov has met with Undersecretary of State at the Ministry of Ecological Transition of the Italian Republic Vannia Gava and Energy Minister of the Republic of Kazakhstan Bolat Akchulakov.At the meeting with Undersecretary of State Vania Gava ...

‘Volume of funds directed to fixed capital in non-oil and gas sector increased’

01.06.2022 [18:49]
“The volume of funds directed to fixed capital in the non-oil and gas sector for 4 months of this year increased by 17.9% compared to the same period last year,” said Azerbaijan`s Minister of Economy Mikayil Jabbarov ...

Azerbaijan, Serbia sign agreement on energy cooperation within Baku Energy Week

01.06.2022 [18:01]
Azerbaijan`s Minister of Energy Parviz Shahbazov has held a number of meetings on the sidelines of the Baku Energy Week. At the meeting with Virgil-Daniel Popescu, Minister of Energy of Romania, discussions were held on the supply of natural gas and oil from Azerbaijan, as well as on the Black Sea ...

Baku hosting leading exhibitions of transport sector of Caspian region

01.06.2022 [16:02]
From June 1 to June 3, the Baku Expo Center will host the leading exhibitions of the transport sector of the Caspian region: the 19th Caspian International Exhibition "Transport, Transit and Logistics" Translogistica Caspian and the 10th Anniversary Caspian International Exhibition "Road Infrastructure and Public Transport" ...

Azerbaijan’s Economy Minister meets with head of EIB Regional Representation

01.06.2022 [14:12]
Azerbaijan’s Minister of Economy Mikayil Jabbarov has met with Head of the European Investment Bank's (EIB) Regional Representation for the South Caucasus Maciej Czura, Minister Jabbarov posted on his Twitter account. "During the meeting ...

Azerbaijani oil price rises on world markets

01.06.2022 [14:12]
Azerbaijani oil price has increased on the world markets. The price of a barrel of Azeri Light crude oil rose $0.68 to trade at $127.48 ...

Oil prices jump on world markets

01.06.2022 [11:58]
Oil prices have increased on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil rose $1.17 to trade at $122, 84 while the price of the Light crude oil at the NYMEX (New York ...

Azerbaijan`s Energy Minister meets with Deputy Assistant Secretary for Bureau of Energy Resources at US Department of State

31.05.2022 [20:38]
Azerbaijan`s Energy Minister Parviz Shahbazov has met with Deputy Assistant Secretary for Bureau of Energy Resources at the US Department of State Laura Lochman, who is on a visit to Azerbaijan within the Baku Energy Week ...