Price of a barrel of Azeri Light crude oil increased $1.54 to stand at $76.15. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil decreased $0.14 to trade at $73.64, while the ...

Azerbaijan to be represented at OPEC+ ministerial monitoring committee meeting

19.04.2018 [11:19]
Azerbaijan will be represented at the meeting of the OPEC+ ministerial monitoring committee, due on April 20, in Jeddah, Saudi Arabia, the Azerbaijan Energy Ministry said. Azerbaijan will be represented by Deputy Energy Minister Samir Valiyev at the meeting ...

Secretary General: OPEC looks forward to exploring possible avenues to enhance collaboration with Azerbaijan

19.04.2018 [11:01]
Secretary General of the Organization of the Petroleum Exporting Countries (OPEC) Mohammad Sanusi Barkindo has expressed the organization`s interest in expanding cooperation with Azerbaijan. In his congratulatory message addressed to President Ilham Aliyev ...

Azeri Light crude sells for more than $74

19.04.2018 [10:59]
Price of a barrel of Azeri Light crude oil increased $1.55 to stand at $74.61. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil rose $0.43 to trade at $73.91, while the price of Light crude at the ...

‘We have changed energy map of Europe and Eurasia’, President Aliyev

19.04.2018 [10:27]
“We have changed the energy map of Europe and Eurasia”, said President Ilham Aliyev during his inauguration ceremony on April 18. “Of course, the oil and gas sector accounts for the major part of our economy. Naturally, a special attention has been paid to this sphere over the last 15 years ...

Oil prices on world markets

18.04.2018 [11:38]
Price of a barrel of Azeri Light crude oil decreased $0.20 to stand at $73.06. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil increased $0.59 to trade at $72.17, while the price of Light crude ...

BHOS to host international forum

17.04.2018 [16:13]
Baku Higher Oil School (BHOS) and Confidence Capital (UK) will jointly conduct SOCAR 3rd International Caspian and Central Asia Downstream Forum on Trading, Logistics, Refining, Petrochemicals on April 23-26 in Baku. It is dedicated to the 95th ...

Oil prices decrease on world markets

16.04.2018 [10:44]
On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil decreased $0.73 to trade at $71.85, while the price of Light crude at the NYMEX (New York Mercantile Exchange) fell $0.59 to stand at $66.80 on world markets ...

Oil prices increase on world markets

14.04.2018 [10:57]
Oil prices have jumped up on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil rose $0.56 to trade at $72.58, while the price of ...

Working Group on preparation of consolidated 2017 EIT report holds its first meeting

13.04.2018 [20:49]
A Working Group on preparation of consolidated 2017 Extractive Industries Transparency (EIT) report (consisting of representatives of EIT Commission, civil society and extractive companies operating in Azerbaijan) has today held its first ...

Oil prices decrease on world markets

13.04.2018 [12:01]
Price of a barrel of Azeri Light crude oil decreased $1.11 to stand at $73.37. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil fell $0.16 to trade at $71.86, while the price of ...

Azerbaijani oil price reaches $75

12.04.2018 [11:05]
Price of a barrel of Azeri Light crude oil increased $1.90 to stand at $74.48. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil rose $0.05 to trade at $72.11, while the price of ...

Azeri Light oil price increases on world markets

10.04.2018 [10:49]
Price of a barrel of Azeri Light crude oil increased $1.21 to stand at $70.34. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil rose $0.41 to trade at $69.06, while the price of ...

Caspian Oil & Gas Exhibition and Conference marks 25th anniversary

09.04.2018 [18:21]
The International Caspian Oil & Gas Exhibition and Conference, the largest energy event in the Caspian region, marks its 25th anniversary this year. An important part of the event’s business programme is the International Caspian Oil & Gas Conference which will be held from the 30th to the 31st of May at Fairmont Baku Hotel ...

Oil prices increase on world markets

09.04.2018 [10:59]
On London ICE (Intercontinental Exchange Futures) cost of the Brent crude oil increased $0.30 to stand at $67.41. The price of the US Light crude oil at the NYMEX (New York Mercantile Exchange) rose $0.25 to trade at $62.31 ...

Azeri Light oil sells for more than $69

07.04.2018 [17:23]
Azerbaijani oil price has increased on the world markets. The price of a barrel of Azeri Light crude oil rose $0.81 to stand at $69.13 ...

Oil prices on world markets

05.04.2018 [12:18]
Price of a barrel of Azeri Light crude oil decreased $0.41 to stand at $69.45. On London ICE (Intercontinental Exchange Futures) cost of the Brent crude oil increased $0.28 to trade at $68.30 while the price ...

IADC conducts workshop at Baku Higher Oil School

04.04.2018 [17:02]
Baku Higher Oil School (BHOS) held a workshop, which was entitled “The Status and Future of Drilling Rig Automation” and arranged by International Association of Drilling Contractors (IADC). It was conducted by Director of Business and Technology ...

oil prices increase on world markets

03.04.2018 [12:18]
On London ICE (Intercontinental Exchange Futures) cost of the Brent crude oil increased $0.23 to trade at $67.87 while the price of the Light crude oil at the NYMEX (New York Mercantile Exchange) rose $0.17 to stand at $63.18 ...