President of Azerbaijan`s State Oil Company (SOCAR) Rovnag Abdullayev met with chief executive of BP`s Exploration & Production business Andy Inglis and BP`s President in Azerbaijan Bill Schrader ...

The State Oil Company of Azerbaijan (SOCAR) has put into operation its Black Sea “Kuleri” oil terminal in Georgia this year. The company also opened its offices in Romania, Turkey and Georgia ...

The total amount of Azerbaijan’s oil revenues will make up $200 billion, said a representative of the International Monetary Fund during a meeting on oil revenues in Baku ...

The State Oil Company of Azerbaijan said about 103 million tones of oil have been transported so far via the Baku-Tbilisi-Ceyhan oil Pipeline. The Company said the Baku-Tbilisi-Erzurum gas ...

The State Oil Company of Azerbaijan said the oil production will be 42-43 million tones this year. The volume of gas to be produced in the country is expected to be 50 million tones in 2008, the Company said. ...

President of Azerbaijan State Oil Company (SOCAR) Rovnag Abdullayev met April 12 with the delegation led by Deputy Director of the Austrian Oil Company “OMV” Gerhard Royse, the Company’s said. ...

Through January and March of this year, operating companies and joint ventures produced 292.44 thousand tones of oil and 31.93 million cubic meters of gas, that is below ...

President of Azerbaijan’s State Oil Company (SOCAR) Rovnag Abdullayev met with Indian Minister of State for Commerce, Jairam Ramesh, and Managing Director of ONGC Videsh Ltd (OVL), R.S. Butola ...

A 25% increase of oil production in the non-OPEC countries will fall to the share of the Caspian region, international experts said. Heavyweight international companies show an increasing interest in Azerbaijan given commissioning of the Baku-Tbilisi-Ceyhan oil ...

Except for joint and operating companies, 17,050 meters of drilling operations were carried out in March, of which 15,933 meters are related to development and 1117 meters to exploration, State Oil Company of Azerbaijan said. In total, SOCAR carried out 47,419 meters of ...

According to the State Oil Company of Azerbaijan, 6,565,600 tons of oil were refined in March, of which 4,368,800 tons were refined by the Heydar Aliyev Baku Oil Refinery, and 2,196,800 tons by Aznefyag oil refinery. Gasoline, kerosene, diesel, oil asphalt, ...

Gas production was 2238,76 million cubic meters in January-March in Azerbaijan , thus, beating the target by 101.5%. It is by 33.76 million cubic meters more than that of the same period last year, according to the State Oil Company of Azerbaijan Republic. ...

Oil production reached 2,190,900 tons in January-March, thus, beating the target by 101%. It is 20,900 tons more than that of the same period last year. ...

The 100 millionth barrel of oil has been transported via the Heydar Aliyev Baku-Tbilisi-Ceyhan pipeline to the Turkish port of Ceyhan, where it was loaded onto a tanker. The oil was loaded onto the Siprins tanker, which became ...

The State Oil Company of Azerbaijan Republic is going to open its office in Romania. It will help deliver Azerbaijani oil to the European markets. Romania is a friendly country to Azerbaijan and has a huge oil production and refining experience ...

The State Oil Company of Azerbaijan exported 119,563 tons of crude in March from Russia’s Novorossiysk seaport. Oil export has made up 183,431 tons since the beginning of the year ...

Azerbaijan’s State Oil Company (SOCAR) said British company Glencore Energy UK Ltd has won its tender to buy 450,000 barrels of Azerbaijani crude oil (REBCO) ...

President of the State Oil Company of Azerbaijan Republic Rovnag Abdullayev met with heads of largest oil and gas companies of Poland. Polish businessmen said Polish and Azerbaijani oilmen share a long history of bilateral cooperation ...

German Company 'Select Energy GmbH' won tender on export of one mln barrels of the crude oil 'Azeri Light', which is to be dispatched from Ceyhan port, April 15-17, marketing ...