The German giant EWE AG company is preparing to withdraw from the energy market of Turkey and to sell its share in gas distribution companies Bursagaz AS and Kayserigaz AS, Turkey’s “haber7.com” reported ...

The Southern Gas Corridor has received a waiver from US sanctions against Iran's energy customers, an expected win for the project, designed to transport 16 Bcm/year of Caspian natural gas to Turkey and southern Europe, according to S&P Global ...

Azerbaijani oil price has increased on the world markets. The price of a barrel of Azeri Light crude oil rose $0.20 to stand at $75.35 ...

The construction works on the second phase of the Trans Anatolian Natural Gas Pipeline (TANAP), aiming to transport Azerbaijani gas to Turkey and further to Europe, has been completed by 85%, Anadolu Agency quoted Director General of SOCAR Turkey Energy A.S Zaur Gahramanov ...

Azerbaijani oil price has increased on the world markets. The price of a barrel of Azeri Light crude oil rose $0.63 to stand at $75.15 ...

“At the end of 2017 the processing and interpretation of the 3D data acquired from the Shallow Water Absheron Peninsula (SWAP) contract area was finalized. A Notice of Prospectivity was signed with SOCAR, signifying BP’s commitment to drill ...

BP has said the Shah Deniz 2 project is being delivered safely, on schedule and within budget. “After achieving significant commissioning and completion milestones across the whole gas value chain during the first half of the ...

“In the first half, the Sangachal terminal exported more than 141 million barrels of oil and condensate, including third party volumes. Of this, more than 124 million barrels were exported through Baku-Tbilisi-Ceyhan (BTC), more than 16 million barrels ...

The European Commission (EC) has allocated a grant worth 5 million euros for the Trans Anatolian Natural Gas Pipeline (TANAP) project, which is part of the Southern Gas Corridor, envisaging transportation of Azerbaijani gas to Europe, said a message from ...

“Azerbaijan is ready to share its energy experience with the countries of the African Union,” said Azerbaijan’s Minister of Energy Parviz Shahbazov as he met with a delegation led by Commissioner for Infrastructure, Energy, ICT, and tourism at the African ...

Azerbaijan`s SOCAR AQS LLC and KCA Deutag, one of the world`s leading drilling and engineering contractors, will sign a joint venture (JV) contract, according to the SOCAR AQS LLC. The signing ceremony will be held on July 26 in Baku. The contract ...

According to the foreign media, India's state-run refineries bought 9.8 million tons of Iranian oil in financial 2017-18 compared to 13.04 million tons a year earlier, a nearly 25 percent decline ...

The port of Kulevi oil terminal of SOCAR`s asset in Georgia, so far, has received and departed more than 2,200 vessels. Kulevi Port began operating in May 2008. Since then, the port has received and departed more than 2,200 vessels ...

Turkey became the second largest liquefied natural gas (LNG) importer country in Europe in 2017, according to the latest report of the International Gas Union (IGU) released in July, Anadolu Agency reported ...

“The Trans Adriatic Pipeline (TAP) will ensure diversification of gas supply sources for Italy, the European Union`s biggest gas importer,” said Azerbaijan’s Minister of Energy Parviz Shahbazov as he met with a delegation led by Italy`s Under-Secretary of ...

“The Italian company Maire Tecnimont, along with SOCAR Polymer, is also interested in cooperating with other partners in Azerbaijan and continue this cooperation for years ahead”, Chairman of the Maire Tecnimont Group, Fabrizio di Amato, stated at ...

“Azerbaijan used the model of project financing for the first time using the example of a polypropylene plant within the framework of the SOCAR Polymer project. The decision was made in order to reduce risks”, SOCAR president Rovnag Abdullayev ...

“SOCAR Polymer is an extremely important project,” said Italian President Sergio Mattarella as he addressed the inauguration of a polypropylene plant constructed in Sumgayit Chemical Industrial Park under SOCAR Polymer project ...