Azeri Light crude sells for $118.13

03.06.2011 [16:16]
Oil prices have again jumped up in the world markets, with a barrel of Azeri Light crude trading for $118.13. On the New York Merchantile Exchange ...

Baku to host 8th International Caspian Oil & Gas Exhibition and Conference Incorporating Refining & Petrochemicals

03.06.2011 [10:42]
Baku Expo Centre will host the biggest oil and gas event in the Caspian region – Caspian Oil & Gas 2011, the 18th International Caspian Oil & Gas Exhibition ...

EU commissioner for energy to arrive in Azerbaijan

01.06.2011 [11:05]
EU commissioner for energy Günther Oettinger will arrive in Azerbaijan, on June 6, chief of EU office in Baku, ambassador Roland Kobia said during his press conference ...

Azeri Light crude sells for $118.89

27.05.2011 [12:37]
Oil prices have again jumped up in the world markets, with a barrel of Azeri Light crude trading for $118.89. On the New York Merchantile Exchange NYMEX cost ...

Azeri Light crude sells for $118.47

26.05.2011 [12:17]
Oil prices have again jumped up in the world markets, with a barrel of Azeri Light crude trading for $118.47. On the New York ...

Turkmenistan hosts 2nd International gas congress and international exhibition

25.05.2011 [17:04]
The second International gas congress and international exhibition has started today in Turkmenistan. Representatives of 160 international ...

Run-up for construction of oil refinery underway in Turkey

25.05.2011 [14:16]
“Run-up for the construction of oil refinery in Turkey is underway”, President of SOCAR Rovnag Abdullayev told journalists. “The initial projects are ready”, Abdullayev added. The launching ...

Oil prices fall in world markets

24.05.2011 [12:08]
On the New York Stock Exchange NYMEX (New York Merchantile Exchange) cost of the US Light crude oil has fallen $2.20 to stand at $97.90 ...

SAM to attend CIS oil-gas annual summit

23.05.2011 [18:08]
On May 25-27, the annual (XI) oil-gas summit of the CIS countries will take place in Paris, the Strategic Research Center (SAM) under the President ...

Azeri Light crude sells for $114.75

23.05.2011 [16:18]
Oil prices have again jumped up in the world markets, with a barrel of Azeri Light crude trading for $114.75. On the New York Merchantile ...

Drilling operations under way in Shahdeniz field

23.05.2011 [14:32]
Shah Deniz full field development (FFD) is a giant project that is designed to bring gas from Azerbaijan to Europe and Turkey increasing gas supply and energy ...

Ukraine launches Azerbaijani oil pumping

22.05.2011 [15:14]
Ukrtransnafta has launched pumping Azeri Light oil through the Odessa-Brody pipeline in the designed averse direction for the refineries in the West Ukraine ...

Six COP wells planned to be delivered in 2011

21.05.2011 [21:20]
According to the BP-Azerbaijan, The Chirag Oil Project (COP) pre-drilling program programme which commenced in April 2010 has continued this year ...

Azeri Light crude sells for $117

21.05.2011 [13:42]
Oil prices have again jumped up in the world markets, with a barrel of Azeri Light crude trading for $117. On the New York Merchantile ...

SOCAR and Austrian OMV company sign MOU

21.05.2011 [12:39]
Chief of Azerbaijan State Oil Company (SOCAR) Rovnag Abdullayev and executive director of the Austrian OMV Company Gerhard Roysun have ...

Oil prices fall in world markets

20.05.2011 [16:38]
On the New York Stock Exchange NYMEX (New York Merchantile Exchange) cost of the US Light crude oil has fallen $1.17 to stand at $98.93 ...

Producer wells being drilled from East Azeri and Deepwater Guneshli platforms

19.05.2011 [21:28]
During the first quarter of 2011, from the East Azeri platform, BP-Azerbaijan completed drilling activities on D-19 producer well which was started in September ...

Shahdeniz project expends $47.9m in 2011

19.05.2011 [20:58]
In the first quarter of 2011 Shah Deniz project spent $ 47.9 million in operating expenditure and $125.8 million in capital expenditure ...

Oil price increases in world market

19.05.2011 [15:24]
Oil traded near the highest in more than a week in New York after a government report showed an unexpected drop in U.S. crude ...