Chief Executive of the State Oil Fund of Azerbaijan (SOFAZ) Shahmar Movsumov has given a conference for journalists, representing states-allies of the European Union Neighbor Policy program. The briefing was organized by the European Journalism Center on November ...

Baku will host an energy summit on November 13. The 2-day event will focus on Odessa-Brody oil pipeline. US Deputy Assistant Secretary of State for European and Eurasian Affairs Matthew Bryza ...

BP-Azerbaijan company has restored oil export through Baku-Supsa pipeline, said Tamam Bayatli, manager at the company`s public relations department. Oil flow through the pipe was halted last ...

Russia`s LUKoil Overseas Ltd started the drilling of the second exploration well on the prospective block D-222 (Yalama), located in Azerbaijan section of the Caspian ...

The Oil and Gas Potential Conference 2008 started in Baku, November 5. The Conference is organized by Azerbaijani Ministry of Industry and Energy, State Oil Company, Azerbaijan State Oil Academy, Scientific-Research ...

Azerbaijani delegation will attend the 2nd International Conference on oil products markets in Central Asia in Almaty, on November 13-14. Representatives of the oil companies ...

Azerbaijan`s State Oil Company (SOCAR) has opened its representative office in Ukraine. Elchin Mammadov leads the office. SOCAR will implement various projects in Ukraine, such as construction of petroleum refinery and transportation of crude oil from ...

The Department of Marketing and Economic Operations of SOCAR has exported 33,850 tons of gasoline, 228,439 tons of diesel, 23,312 tons of aviation fuel and 58,141 tons of fuel oil in October. Within the ten months of the current year the ...

New Zealand`s Sumoto Energy Group Limited became a winner of SOCAR`s tender for export of one million barrels of Azeri Light crude oil through Ceyhan port on December 1- 5. SOCAR announced a tender on October 29 ...

Executive Director of the State Oil Fund of Azerbaijan (SOFAZ) Shahmar Movsumov attended the next Executive Board`s meeting of the Extractive Industries Transparency ...

President of Azerbaijan`s state oil firm, SOCAR, Rovnag Abdullayev met with US Deputy Secretary of Commerce John Sullivan. During the conversation, Abdullayev praised the United States` assisting Azerbaijan ...

The amount of crude transported so far from the Heydar Aliyev Ceyhan oil terminal to the world markets is 495 million barrels, AzerTAc correspondent reports from Turkey. According to BOTAŞ İnternational Limited, a company operating the Baku-Tbilisi-Ceyhan ...

Azerbaijan State Oil Company`s (SOCAR) representative office to be soon opened in Austria, head of the office Gulmirza Javadov told AzerTAc correspondent. Aim of the office is to represent ...

The second block of the Umid-1 platform will be installed onto the underwater jacket in the Caspian Sea next month, according to SOCAR. Umid Platform will be brought online in early 2009 ...

Norwegian StatoilHydro company has held a seminar on industrial waste management for SOCAR experts. The seminar featured presentations on several themes, including “Industrial waste management rules and methods: The World Bank and ...

Oil refineries increased production by 6% in January-September in comparison with that on the same period last year, according to the State Statistics Committee. Motor gasoline production surged by 9.5%, oil asphalt 16%, and diesel 16.6%, while mazut ...

Switzerland`s Taurus Petroleum Limited became a winner of SOCAR`s tender for the export of 1 million barrels of Azeri Light crude oil through Ceyhan port on ...

The SOCAR exported 1,724, 068 tons of oil products during January-September, 2008, including 276,763 tons of motor gasoline, 898,820 tons of diesel oil, 165,829 tons of aviation petrol, 382,656 tons of ...

On October 21, Marketing and Operations Department of SOCAR issued a tender for the export of 600 thousand barrels of Azeri Light crude oil through Supsa port on November 11-12, 2008. The winners ...