Oil prices continue to grow in World markets

09.06.2011 [15:26]
Oil prices have continued to grow in the world markets with a barrel of Azeri Light crude trading for $ 121, 93. On the New York Merchantile Exchange NYMEX cost of the US Light crude oil rose $1.65 to stand ...

Southern Corridor project becoming a reality, U.S. Ambassador Matthew Bryza

08.06.2011 [15:43]
“Today`s discussions prove that Southern corridor project is becoming a reality thanks to both sides` efforts”, ambassador of the United States Matthew Bryza stated at the evening reception ...

Azeri industry and energy minister meets GECF Secretary General

08.06.2011 [15:22]
Azeri minister of industry and energy Natiq Aliyev has met Secretary General of Gas Exporting Countries Forum (GECF) Leonid Bokhanovsky. They discussed problems of gas market and ...

18th Caspian Oil & Gas Conference Incorporating Refining & Petrochemicals kicks off in Baku

08.06.2011 [14:50]
18th Caspian Oil & Gas Conference Incorporating Refining & Petrochemicals has today kicked off in Azerbaijan`s capital bringing together 500 ...

Azerbaijan-US relations develop in all spheres, particularly in energy one, Morningstar

08.06.2011 [13:10]
Special Envoy of the US Secretary of State for Eurasian Energy Richard Morningstar has said relations between Azerbaijan and the United States are developing in all spheres, particularly in energy one ...

Norway`s Crown Prince: Azerbaijan rationally uses its oil reserves

08.06.2011 [12:33]
Haakon, Crown Prince of Norway, has said Azerbaijan rationally uses it oil reserves. Speaking to a pres conference on the outcomes of his two-day visit to Baku, he noted: “A sharp fall in ...

EU to ‘strengthen’ energy cooperation with Azerbaijan

08.06.2011 [11:28]
European Union commissioner for energy expressed the organization`s readiness to strengthen efforts towards developing the energy cooperation with Azerbaijan ...

Azerbaijan`s President: Oil revenues are distributed fairly among the country`s citizens

07.06.2011 [22:47]
President of Azerbaijan Ilham Aliyev has said oil revenues are distributed fairly among the country`s citizens. Speaking to the opening of the 18th International Caspian Oil and Gas ...

Norway`s Crown Prince praises establishment of Azerbaijan state oil fund

07.06.2011 [22:25]
Haakon, Crown Prince of Norway, has praised the establishment by Azerbaijan of a state oil fund. Speaking to the 18th International Caspian Oil and Gas ...

Norway ‘interested’ in energy cooperation with Azerbaijan

07.06.2011 [22:06]
Norway`s minister of petroleum and energy Ola Borten Moe has expressed his country`s interest in energy cooperation with Azerbaijan ...

Azeri Light crude sells for $119.05

07.06.2011 [20:48]
Oil prices have again dropped in the world markets, with a barrel of Azeri Light crude trading for $119.05. On the New York Merchantile Exchange NYMEX cost of the US Light crude oil went down $1.21 to stand at ...

First International Power and Alternative Energy Exhibition opens in Baku

07.06.2011 [15:47]
Caspian Power 2011, the 1st Caspian International Power and Alternative Energy Exhibition will take place on 7-10 here. Caspian Power is the only specialised event in the Caspian region that demonstrates the achievements of the power ...

2 million 827 thousand tons of Azerbaijani oil transported via BTC in May

07.06.2011 [13:24]
2 million 826 thousand 607 tons of crude oil were transported via the Baku-Tbilisi-Ceyhan main export pipeline in May. In general, 14 million 213 thousand 273 tons ...

Caspian Oil & Gas Exhibition to be joined by new companies

07.06.2011 [12:31]
The 18th International Caspian Oil & Gas Exhibition & Conference Incorporating Refining and Petrochemicals to take place on 7th to 10th June, 2011 in Baku, is ...

German newspaper features energy potential of Azerbaijan

07.06.2011 [12:28]
Germany`s Frankfurter Allgemeine Zeitung has published an article titled „Building bridge for Caspian natural gas“ by Gabriele Deruakh, featuring outcomes of the global energy conference, which was ...

SOCAR opens 73rd gas station in Georgia

06.06.2011 [21:15]
Azerbaijan’s state oil firm, SOCAR, has put into operation another gas station in Georgia, bringing the total number of its facilities in the country to 73. SOCAR Georgia Petroleum said the company would ...

Managing director of Nabucco Gas Pipeline International GmbH to arrive in Baku

05.06.2011 [12:33]
Managing director of the Nabucco Gas Pipeline International GmbH, Reinhard Mitschek will arrive in Azerbaijan ...

Two-day conference to be held in Baku as part of Caspian Oil & Gas Exhibition

05.06.2011 [12:20]
A two-day conference will be held on June 8 in Baku as part of the 18th International Caspian Oil & Gas Exhibition & Conference Incorporating Refining and Petrochemicals ...

Azeri Light crude sells for $119

04.06.2011 [13:46]
Oil prices have again jumped up in the world markets, with a barrel of Azeri Light crude trading for $119. On the New York Merchantile ...