Economy
Oil prices fall in world markets
23.04.2014 [22:50]
Oil prices have fallen in the world markets, with the US Light crude sinking to $101.75 a barrel and British Brent crude hitting $109.27. A barrel of Azeri Light crude oil decreased $0.32 to stand at $111.85, the Department of
 
The Contract of the Century ‘introduced’ Azerbaijan to the world as a reliable partner
23.04.2014 [20:25]
“The Contract of the Century has introduced Azerbaijan to the world as a reliable partner,” said vice president of the country`s state oil firm, SOCAR, Khoshbakht Yusifzade. “Signed as a result of national leader Heydar Aliyev`s oil strategy in 1994, the Contract of
 
Infosys Europe revenue crosses $2 billion for first time
23.04.2014 [19:48]
Country's second largest IT firm Infosys has crossed the $ two billion revenue mark in Europe for the first time, driven by strong demand for consulting and system integration (CSI) services. The Bangalore-based firm, which reported revenues of $ 8.24 billion for the year ended
 
BTC loads 2500th tanker at Ceyhan
23.04.2014 [17:50]
The Baku-Tbilisi-Ceyhan Company (BTC Co.), operated by BP, is pleased to advise that the 2500th tanker loaded with BTC oil sailed away yesterday from the Ceyhan terminal in Turkey. The tanker called the Vinga arrived at the Ceyhan Marine Terminal on 15 April and
 
Baku to host meeting of CIS Electric Power Council
23.04.2014 [13:42]
The 45th meeting of the CIS Electric Power Council will be held in Baku on Friday. The event will bring together delegates from Azerbaijan, Russia, Belarus, Kazakhstan
 
U.S. ‘ready’ to cooperate with Azerbaijan in alternative energy production
23.04.2014 [10:51]
U.S. ambassador in Baku Richard Morningstar has expressed his country`s readiness to cooperate with Azerbaijan in producing alternative energy. The ambassador said the Absheron peninsula had favorable conditions for developing wind
 
Energy Minister: Azerbaijan`s gas production makes 30bn cm
23.04.2014 [10:46]
Azerbaijani energy minister Natig Aliyev has said the country`s gas production reached 30 billion cubic meters. “This will help us both meet our domestic demand and supply our gas to foreign
 
1st International Caspian Energy Forum–2014 starts in Baku
23.04.2014 [10:40]
The 1st International Caspian Energy Forum–2014 has kicked off in Baku. Organized by the Caspian Energy International Media Group, the forum brings together 300 delegates from 50 countries. The forum is supported by Azerbaijan`s Cabinet of Ministers, Parliament, Ministry of Energy, State Oil Company, State Committee
 
American Chamber of Commerce in Azerbaijan welcomes US Congressional Delegation
22.04.2014 [20:59]
The Board of Directors of American Chamber of Commerce in Azerbaijan (AmCham) met with high level US Congressional Delegation. The meeting discussed how to strengthen the US-Azerbaijan relations. One of the issues that
 
Oil price changes in world markets
22.04.2014 [12:45]
The price of oil has increased in the world markets. On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil increased $0.07 to stand at $104.37. Price of British Brent crude oil at the London ICE (InterContinental Exchange Futures) has
 
Azerbaijani Minister of Economy and Industry meets Vice Chairman of Dubai Chamber of Commerce and Industry
22.04.2014 [12:41]
Azerbaijani Minister of Economy and Industry Shahin Mustafayev has met Vice Chairman of Dubai Chamber of Commerce and Industry Hisham Abdullah Al Shirawi. They discussed the current state of relations and prospects for cooperation between
 
Azerbaijan-Cambodia business forum held in Baku
22.04.2014 [12:16]
An Azerbaijan-Cambodia business forum has been held in Baku. Organized by Azerbaijan`s Economy and Industry Ministry in partnership with AZPROMO, the forum brought together officials and more than 50 businessmen from the fields of
 
Azerbaijani Minister of Communications and High Technologies meets Pakistani ambassador
21.04.2014 [21:57]
Azerbaijani Minister of Communications and High Technologies Ali Abbasov has met Pakistani ambassador to the country Khalid Usman Qaiser. Abbasov highlighted relations between the two countries, as well as development of
 
Italian and Azerbaijani IT firms clinch cooperation deal
21.04.2014 [19:28]
Azerbaijan`s Neuron Technologies IT firm has signed a memorandum of understanding and cooperation agreement with Italy`s Exprivia company. The documents were signed by Ismayil Alakbarov of Neuron Technology and Favuzzi
 
Massive unemployment cause British youth to change into priests
21.04.2014 [17:09]
Despite the fact work dedicated to God turn harder and harder year on year in Britain with parishes and the church treasury shrinking, young people increasingly make a choice in favour of working for the church. Anglican and Catholic The Church is bringing up a whole generation of young clerics, quite satisfied with a meager
 
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