UAE said the refusal of OPEC to cut production even at the price of $ 40 per barrel
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 ...
Azerbaijan-Polish business forum held Baku
Within the visit of the delegation led by Deputy Prime Minister, Economy Minister of Poland Republic Janusz Piechociński an Azerbaijan-Poland Business forum is carried out in Baku. The event organized by Azerbaijan Export and Investment Promotion Foundation (AZPROMO) ...
Following issue of Caspian Energy journal released
The following issue of the Caspian Energy journal, dedicated to the preliminary results of development of the energy sector through 2014 and forecasts for 2015, has been released. Published in this issue of the Caspian Energy journal were exclusive interviews of Rex ...
Russian Gazprombank allocates $420 mln loan to SOCAR
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 ...
Azerbaijani Ambassador to Czech Republic meets with representatives of Metrostav Company
Azerbaijani Ambassador to the Czech Republic Farid Shafiyev met with representatives of the country's popular Metrostav ...
Azerbaijan, Germany reached agreement on long-term development of nanotechnology
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
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
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" 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 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 ...
Event dedicated to the business environment and investment opportunities of Azerbaijan held in Washington
An event on the business environment and investment opportunities of Azerbaijan was held by the non-profit organization "Diplomacy Matters Institute", with the support of US Delegation of Azerbaijan Export and Investment Promotion Foundation (AZPROMO), on December 9, in Washington ...
Azerbaijan, Qatar sign MoU on cooperation in ICT
As earlier reported, a delegation led by Azerbaijani Minister of Communications and High Technologies Ali Abbasov participate at the “ITU Telecom World-2014” held in Doha, Qatar. Within the exhibition, Azerbaijan and Qatar signed a memorandum on cooperation in the field of information ...
Oil price changes in world markets
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 ...
Deputy Prime Minister of Poland Janusz Piechociński to visit Baku
On December 14, Deputy Prime Minister, Minister of Economy, co-chair of the Azerbaijani-Polish intergovernmental commission on economic cooperation, Janusz Piechociński will visit Azerbaijan to participate at the 6th meeting of the Azerbaijani-Polish intergovernmental commission on economic cooperation ...
In November SOCAR’s payments to the state budget totaled 142 million AZN
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 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 ...
Standard Poor’s affirms rating of PASHA Bank
International rating agency Standard Poor’s has affirmed again the rating of one of the largest banks of Azerbaijan - PASHA Bank: long- ...
Azerbaijan, China sign grant agreement
A grant agreement between the Government of the People’s Republic of China and the Government of the Republic of Azerbaijan was signed. Under the signed document, the Chinese government will allocate a grant in the amount of 30 mln Chinese yuan ...