On the sidelines of the 12th Annual Investment Meeting in Abu Dhabi, Chairman of the Board of Small and Medium Business Development Agency of Azerbaijan (KOBIA) Orkhan Mammadov has met with Abdoulaye Baldé, Director General of the Senegalese National Agency for the Promotion ...

The Azerbaijani oil price has increased in the world markets. The price of a barrel of Azeri Light crude oil rose $0.04 to trade at $78.3 ...

The world markets have seen a decline in oil prices. The Brent crude oil price on the London ICE (InterContinental Exchange Futures) fell $0.48 to trade at $76.96, while the price of the Light crude oil at the NYMEX (New York Mercantile Exchange) ...

“Azercell Telecom” LLC launched the "Idea Incubation Program" in collaboration with ADA University Foundation (Azerbaijan) and ADA University. The purpose of the project is to contribute to the improvement of the ICT and innovation ecosystem in the Republic of Azerbaijan, its sustainability and competitiveness in the field ...

Oil prices have jumped in the world markets. The London ICE (InterContinental Exchange Futures) saw the Brent crude oil rise $0.47 to trade at $75.77, while the price of the Light crude oil at the NYMEX (New York Mercantile Exchange) ...

At the end of the first quarter of 2023, the number of bp’s Azerbaijani national employees was 2,307 including fixed-term employees, bp told AZERTAC. “Since mid-2018, 90% of bp Azerbaijan’s professional staff has been nationals ...

“Postage stamps marking the 100th anniversary of National Leader Heydar Aliyev will be issued in Azerbaijan and seven foreign countries,” said Minister of Digital Development and Transport Rashad Nabiyev as he addressed a conference themed “Heydar Aliyev and independent ...

In the first quarter of 2023, the SCP spent around $20 million in operating expenditure and more than $2 million in capital expenditure in total, bp reported on 2023 first quarter results. “The SCP has been operational since late 2006, transporting Shah Deniz gas to Azerbaijan ...

"Tokhumchulug ve Tingchilik” company, created for the purpose of production, import and sale of seeds of agricultural plants, will participate in the "Caspian Agro 2023" exhibition to be held in May. The central office of the company, which was established in 2019 ...

The Azerbaijani oil price has increased in the world markets. The price of a barrel of Azeri Light crude oil rose $2.61 to trade at $78.26 ...

Chairman of Azerbaijan’s State Customs Committee, Customs Service Lieutenant General Shahin Baghirov has met with a delegation led by Parliamentary Vice-Minister for Foreign Affairs of Japan Yoshikawa Yuumi ...

In the first quarter of 2023, Shah Deniz spent around $678 million in operating expenditure and around $194 million in capital expenditure, the majority of which was associated with the Shah Deniz 2 project, bp Azerbaijan said. “During the quarter, the Shah Deniz field continued to provide gas to markets in Azerbaijan (to Azerkontrakt) ...

Oil prices have jumped in the world markets. The London ICE (InterContinental Exchange Futures) saw the Brent crude oil rise $2.8 to trade at $75.3, while the price of the Light ...

Rising demand for natural gas in Asia and the Middle East is set to offset a decline in other regions this year, helping to keep the global market tight, Al Arabiya reported referring to International Energy Agency. China’s consumption is forecast to jump by more than 6 percent ...

Azerbaijan's Minister of Economy Mikayil Jabbarov has met with Hungarian Minister of Economic Development Márton Nagy to discuss the strengthening of economic partnership between the two countries. The sides exchanged views on the favorable business environment created for foreign companies in Azerbaijan ...

The 2nd International conference and exhibition “International transport and transit corridors: interconnection and development” (ITTC 2023) has wrapped up in Ashgabat, Turkmenistan.On the sidelines of the conference, “ADY Container” LLC, a subsidiary of “Azerbaijan Railways” CJSC and "Turkmenistan Transport and Logistics Center" SC signed a Memorandum ...

During the first quarter of 2023, the daily average export throughput of the South Caucasus Pipeline (SCP) was 61.6 million cubic metres. In the first quarter of 2022, this indicator was 56.2 million cubic meters ...

"Nar" is the official communication partner of the "Baku Open 2023" international chess tournament organized on the occasion of the 100th anniversary of National Leader Heydar Aliyev. The tournament, jointly organized by the Ministry of Youth and Sports and the Azerbaijan Chess Federation ...