Oil prices drop on world markets

15.09.2020 [11:27]
Oil prices have decreased on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude ...

Azerbaijan Innovation Agency elected IASP member

15.09.2020 [09:42]
The Innovation Agency of Azerbaijan has become the first organization in the region to be elected as a member of the International Association of Science Parks and Areas of Innovation (IASP). The agency said its mission as an IASP member was to establish ...

Turkish trade minister: We are seeking to build free economic cooperation with Azerbaijan

14.09.2020 [22:47]
"We are seeking to sign an agreement on free economic cooperation with Azerbaijan,” said Turkish Trade Minister Ruhsar Pekcan as she met with Speaker of Azerbaijani Milli Majlis. “Azerbaijan is a friendly and brotherly country for us. Our relations are developing extensively and dynamically ...

Global oil production increases in August 2020

14.09.2020 [19:09]
Global liquids production in August increased by 1.32 million barrels per day (bpd) to an average of 89.88 million bpd, the Organization of Petroleum Exporting Countries (OPEC) said in its report on Monday, according to Anadolu Agency ...

OPEC ready to regulate global oil market for another 60 years, says Secretary General

14.09.2020 [17:27]
The Organization of the Petroleum Exporting Countries (OPEC) celebrates its 60th anniversary on Monday and plans to retain the role of stabilizer on the global oil market for another at least six decades, Secretary General Mohammad Barkindo said in his speech ...

President Ilham Aliyev: We must, as far as possible, meet the domestic demand with local products

14.09.2020 [15:00]
“We must, as far as possible, meet the domestic demand with local products. The city of Sumgayit, in particular, the Chemical Industry Park, plays an important role in this,” said President Ilham Aliyev at the inauguration of the Vocational Education Center under the Sumgayit Chemical Industry Park Limited Liability Company ...

® Azercell named “The Company of the Year” at international level

14.09.2020 [12:42]
Azercell Telecom LLC, proved leader of national telco sector with its new brand identity, has taken its achievements and success from the national to the international level. Thus, the mobile operator won the title of ...

Oil prices jump on world markets

14.09.2020 [10:37]
Oil prices have increased on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil rose $0.12 to trade at $39.95, while the price of Light crude oil at the NYMEX (New York Mercantile Exchange) increased $0.21 to stand at $37.54. ...

Oil traders snap up tankers in sign second-wave glut is near

12.09.2020 [14:12]
Some of the world’s biggest oil traders are gearing up for a possible resurgence of a coronavirus-induced glut of crude and fuels, snapping up giant tankers for months-long charters so that they can be ready to store excess barrels if necessary, according to ...

Azerbaijani oil price drops on world markets

12.09.2020 [11:41]
Azerbaijani oil price has decreased on the world markets. The price of a barrel of Azeri Light crude oil fell $0.39 to stand at $40.50. ...

1st Baku Online International Forum set to motivate entrepreneurs amid COVID-19 pandemic

12.09.2020 [11:04]
The “1st Online International Forum of Entrepreneurs – Baku 2020”, to be held September 22-23, will focus on motivating entrepreneurs during the COVID-19 and post-pandemic periods. Supported by the Agency for Development of Small and ...

Oil prices on world markets

12.09.2020 [10:30]
On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil decreased $0.23 to trade at $39.83, while the price of Light crude at the NYMEX (New York Mercantile Exchange) rose $0.03 to stand at $37.33 on world markets ...

AZAL introduces online queuing system for Moscow-Baku flights

11.09.2020 [13:26]
Starting today, the National Air Carrier of Azerbaijan (AZAL) starts using an online queuing system for the purchasing of air tickets on the Baku-Moscow-Baku route to return Azerbaijanis to their homeland, press ...

EIA revises up Brent oil forecast by $0.48 for 2020

11.09.2020 [12:28]
The US Energy Information Administration (EIA) has revised up its Brent crude oil price forecast for 2020 by $0.48 per barrel, according to its monthly Short-Term Energy Outlook (STEO) report for September released ...

Azerbaijani oil price drop on world markets

11.09.2020 [12:03]
Azerbaijani oil price has decreased on the world markets. The price of a barrel of Azeri Light crude oil fell $0.37 to stand at $40.89 ...

First meeting of Economic Council held VIDEO

11.09.2020 [11:47]
The first meeting of the Economic Council, established by the decree of the President of the Republic of Azerbaijan has been held. The meeting was chaired by Azerbaijani Prime ...

Oil prices on world markets

11.09.2020 [10:57]
On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil decreased $0.06 to trade at $40, while the price of Light crude oil at the NYMEX (New York Mercantile Exchange) rose $0.01 ...

BP prepares draft Environmental and Socio-economic Impact Assessment document for Shallow Water Absheron Peninsula exploration drilling project

10.09.2020 [20:07]
BP, as the operator of the agreement on the exploration, development and production sharing for the Shallow Water Area around the Absheron Peninsula in the Azerbaijan sector of the Caspian Sea (SWAP) announces that as part of its work programme the draft Environmental and Socio-economic Impact Assessment (ESIA) document for SWAP ...

Clean energy tech needs to rise to meet climate goals

10.09.2020 [14:27]
A major effort to develop and deploy clean energy technologies worldwide is urgently needed to meet international energy and climate goals, according to a recent International Energy Agency (IEA) report on Thursday, Anadolu ...