OPEC oil production declined again in November

13.12.2017 [21:36]
OPEC's oil production fell last month, just before the group met in Vienna to extend its output cuts through the end of next year. The 14 member nations of the Organization of Petroleum Exporting Countries pumped 32.4 million barrels a day in November ...

First meeting of newly elected Members of Board of Caspian European Club held

13.12.2017 [20:12]
The first meeting of the newly elected Members of the Board of the Caspian European Club has been held in Baku. At the meeting First Deputy Chairman of the Caspian European Club and Caspian American Club Telman Aliyev introduced newly elected Chief Executive Officer of the Caspian European Club Mustafa Abbasbeyli ...

World Bank Group will stop financing upstream oil and gas after 2019

13.12.2017 [17:26]
The World Bank Group will cease to finance upstream oil and gas after 2019, it was announced Tuesday, according to CNBC. The global financial institution said at the One Planet Summit in Paris that its decision would "align its support to countries to ...

Heydar Aliyev International Airport served 25 percent more passengers

13.12.2017 [17:01]
In January-November 2017, Heydar Aliyev International Airport served 3.75 million passengers. This indicator grew by more than 25 percent compared to the same period last year. During this period Azerbaijan Airlines (AZAL) carried 2.1 million ...

Bakcell stand selected as most original stand of “BakuTel-2017”

13.12.2017 [16:19]
Bakcell, The First Mobile Operator and Leading Mobile Internet Provider of Azerbaijan, has been awarded for taking an active part at the 23rd Azerbaijan International Telecommunications and Information Technologies Exhibition and Conference “BakuTel ...

Governor of Imereti region to attend business forum and CEO Lunch Tbilisi

13.12.2017 [16:13]
Governor of Georgian Imereti region Givi Chichinadze will attend as an honored guest the Azerbaijan-Georgia Business Forum and the third CEO Lunch Tbilisi event to be hosted by the Caspian European Club on December 15 in Georgia ...

Azeri Light crude sells for $66.58

13.12.2017 [11:03]
Oil prices have changed in different directions in the world markets. The price of a barrel of Azeri Light crude oil decreased $0.35 to stand at $66.58. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil increased $0.63 to ...

Governor of Astrakhan region to visit Baku

12.12.2017 [23:41]
Governor of Russia`s Astrakhan region Alexander Zhilkin will visit Baku next week. According to website of the administration of Astrakhan region, Zhilkin will put forward a number of proposals on works to be done in 2018. He said Azerbaijani investors were first foreign business representatives to invest ...

British Airways Mumbai - London flight makes emergency landing in Azerbaijan

12.12.2017 [11:28]
A Mumbai-London British Airways flight Boeing-777 declared an emergency over Iranian airspace and was rerouted to land at the Heydar Aliyev International Airport in Baku, on December 11. The apparent reason, by a passenger who seems to be on the ...

Azerbaijani oil price exceeds $67

12.12.2017 [10:47]
Oil prices have risen on the world markets. Price of Azeri Light crude oil continues to rise on world markets. The price of a barrel of Azeri Light crude oil increased $1.14 to stand at $66.93 on the world markets ...

Kvemo Kartli state governor to attend Azerbaijani-Georgian business forum 

11.12.2017 [17:37]
State Governor of Kvemo Kartli region Grigol Nemsadze will attend the Azerbaijani-Georgian business forum to be held by the Caspian European Club, and the third CEO Lunch Tbilisi. Both events will be held on December 15 in Georgia ...

Oil prices increase on world markets

09.12.2017 [21:24]
Oil prices have risen on the world markets. On London ICE (Intercontinental Exchange Futures) cost of the Brent crude oil increased $1.27 to stand at $63.40. The price of ...

Chairman of Azerbaijan Chamber of Auditors joins international symposium in Turkey

09.12.2017 [12:04]
Chairman of Azerbaijan Chamber of Auditors Vahid Novruzov is attending the 12th international audit symposium in Antalya, Turkey. The symposium aims to promote high-quality and useful audit research, as well as to include research that deals with both ...

Aviation Wire: Azerbaijan to launch regular cargo flight to Japan

08.12.2017 [18:59]
Azerbaijan`s Silk Way West Airlines will launch direct cargo flights to the Kansai International Airport of Japan starting from December 29, according to the Japanese Aviation Wire website. The flight will be carried out by Silk Way`s Boeing 747-400 or Boeing 747-8F once a week on Fridays ...

Bakcell presents successful projects of Azerbaijani developers at Bakutel-2017

08.12.2017 [16:37]
Bakcell, The First Mobile Operator and Leading Mobile Internet Provider of Azerbaijan demonstrates the projects created by talented young Azerbaijani developers. The Applab corner of Bakcell’s “Bakutel-2017” stand features a mobile application ...

Azerspace-2 to be launched next year, deputy minister

08.12.2017 [16:35]
“Azerbaijan’s second communication satellite Azerspace-2 will be put into orbit at the beginning of the next year,” said Deputy Minister of Transport, Communications and High Technologies Elmir Velizade ...

Azerbaijan to attend Internet Governance Forum in Geneva

08.12.2017 [12:05]
“Azerbaijan will send a large delegation to the Internet Governance Forum this year,” said Deputy Minister of Transport, Communications and High Technologies Elmir Velizade ...

Azerbaijan, Pakistan discuss prospects for cooperation in the field of cottonseed oil production

08.12.2017 [11:48]
“Azerbaijan and Pakistan have good opportunities for conducting exchange of experience and establishing cooperation in the sphere of cottonseed oil production,” Minister of National Food Security & Research of Pakistan Sikandar Hayat Khan Bosan has ...

Azeri Light crude sells for $64.42

08.12.2017 [11:45]
The price of a barrel of Azeri Light crude oil increased $0.50 to stand at $64.42. On the London ICE (Intercontinental Exchange Futures) cost of the Brent crude oil increased $0.07 to trade at $62.20, while the ...