Azeri Light crude sells for $121.86

25.04.2012 [11:59]
Oil prices have again jumped up in the world markets, with a barrel of Azeri Light crude trading for $121.86. On the New York Merchantile Exchange NYMEX cost of the US Light crude oil rose $ 0.44 ...

Oil prices fall in world markets

24.04.2012 [21:27]
On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil has fallen $0.77 to stand at $103.11. Price of British Brent crude oil at the London ICE (InterContinental Exchange Futures) has ...

Azeri Light crude sells for $122,49

23.04.2012 [22:33]
Oil prices have again jumped up in the world markets. On the New York Merchantile Exchange NYMEX cost of the US Light crude oil increased $1.29 to stand at $103.88 ...

Oil prices jump in world markets

21.04.2012 [11:26]
Oil prices have again changed in the world markets, with a barrel of Azeri Light crude trading for $121.73. On the New York Merchantile Exchange NYMEX cost of ...

“Ukraine keen on to increase relations on energy sector with Azerbaijan”

20.04.2012 [22:19]
President of the State Oil Company of Azerbaijan Republic (SOCAR) Rovnag Abdullayev today met Deputy Foreign Minister of Ukraine Viktor Mayko in the head office of SOCAR. ...

SOFAZ host meeting with representatives of Investment Corporation of Dubai

20.04.2012 [19:20]
Executive Director of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) Shahmar Movsumov, met with the representatives of the Investment Corporation of Dubai. Mr. Movsumov briefed the guests on the Fund’s activity, management of its assets ...

Azerbaijan transports 5,9 billion cubic meters of gas through trunk pipelines

20.04.2012 [18:26]
Azerbaijan transported a total of 5,9 billion cubic meters of gas through the trunk pipelines during the first quarter of 2012, according to the State ...

Delegation of Dubai Investment Corporation visits SOFAZ

20.04.2012 [16:59]
Executive director of Azerbaijan State Oil Fund (SOFAZ) Shahmar Movsumov met delegation of the Dubai investment corporation. Mr. Movsumov updated the guests on SOFAZ`s activity, the Sovereign Wealth Funds ...

Azeri Light crude sells for $121.73

20.04.2012 [11:41]
Oil prices have again changed in the world markets, with a barrel of Azeri Light crude trading for $121.73. On the New York Merchantile Exchange NYMEX cost of the ...

SOFAZ makes revenue and expenditure statement for January-March 2012

19.04.2012 [14:55]
The budget revenues of Azerbaijan State Oil Fund (SOFAZ) for the period of January-March, 2012 reached 3 586.9 million manats, while budget expenditures constituted 1 919.9 mln manats. Revenue of 3 352.4 mln manats was received from implementation of oil and gas agreements, including 3 349.4 mln manats from the sale ...

Gas production increased by 14.6 percent for first guarter of 2012

19.04.2012 [11:44]
The gas production increased by 14.6 percent, while oil production decreased by 5.7 percent in Azerbaijan for January-March, State Statistics Committee said. The crude oil constituted 11.3 million tons, while marketable ...

Azeri Light crude sells for $119.75

19.04.2012 [11:34]
Oil prices have changed in the world markets, with a barrel of Azeri Light crude trading for $119.75. On the New York Mercantile Exchange NYMEX cost of the ...

SOCAR, ExxonMobil Company expand ties

18.04.2012 [17:33]
President of Azerbaijan State Oil Company, SOCAR, Rovnag Abdullayev has met with the delegation led by the ExxonMobil Company`s project manager Michael White on Tuesday. During the meeting, SOCAR president hailed cooperation between the companies ...

Shah Deniz Stage 2 project launched

18.04.2012 [15:53]
Head of Azerbaijan State Oil Company (SOCAR) Rovnag Abdullayev met BP executive director Robert Dudley. Mr. Abdullayev hailed effective partner relations between the SOCAR and BP. He stressed successful realization of oil and gas projects in ...

Azeri Light crude sells for $121.60

18.04.2012 [11:40]
Oil prices have again jumped up in the world markets, with a barrel of Azeri Light crude trading for $121.60. On the New York Merchantile Exchange NYMEX cost of the US Light crude oil increased $1,27 to stand at $104.20 ...

President of SOCAR meets BP Chief Executive Officer

17.04.2012 [22:14]
President of the State Oil Company of Azerbaijan Republic (SOCAR) Rovnag Abdullayev met Robert Dudley, Group Chief Executive of BP, the Operator of Shah Deniz ...

Shah Deniz 2 gas project starts officially

17.04.2012 [21:50]
The consortium developing Azerbaijan`s giant Shah Deniz gas field has announced the start of Front End Engineering and Design for the second stage of the project. The announcement of the important milestone was not accompanied by an announcement of the chosen route to export Shah Deniz 2 gas from the Turkish border to Europe. The three bidders still in the running to export Shah Deniz 2 gas will now have to wait ...

Azeri Light crude sells for $121.94

17.04.2012 [14:00]
Oil prices have again changed in the world markets, with a barrel of Azeri Light crude decreasing $2.32 trading for $121.94. On the New York Merchantile Exchange NYMEX, cost ...

Azeri Light crude sells for $124.26

16.04.2012 [12:18]
Oil prices have again changed in the world markets, with a barrel of Azeri Light crude increasing 16 cent trading for $124.26. On the New York Merchantile Exchange NYMEX, cost ...