Oil-Gas
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
 
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
 
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
 
Oil price changes in world markets
18.04.2014 [11:38]
The price of oil has changed in the world markets. On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil increased $0.54 to stand at $104.03. Price of British Brent crude oil at the London ICE (InterContinental Exchange Futures) has
 
Oil prices fall in world markets
17.04.2014 [13:28]
The price of oil has continued to fall in the world markets. On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil has increased $0.01 to stand at $103.76. Price of British Brent crude oil at the London ICE (InterContinental Exchange Futures) has increased $0.24 to trade at $109.60
 
Azerbaijani delegation holds several meetings in Romania
16.04.2014 [18:19]
An Azerbaijani delegation led by Energy Minister Natig Aliyev and SOCAR President Rovnag Abdullayev has visited Bucharest, Romania. The delegation included Vice President of the SOCAR Elshad Nasirov, Adviser to the SOCAR President Murad Heydarov, Deputy Vice President Vitaly Beylerbayov, and
 
Oil and gas production increases in Azerbaijan
15.04.2014 [21:29]
Azerbaijan produced 10.56 million tons of oil in the first quarter of 2014 which is 255,000 tons more than the same period in 2013, said Azerbaijan`s Minister of Energy Natig Aliyev. "The country produced about 7.68 billion cubic meters of gas in January-March, which is
 
Oil and Gas Journal publishes article about Heydar Aliyev Baku Oil Refinery
15.04.2014 [14:41]
The US based Oil and Gas Journal has published an article headlined “SOCAR restarts units at Baku refinery”. The article says: “State Oil Co. of Azerbaijan Republic (SOCAR) has resumed operations at two units within its 239,000-b/d Heydar Aliyev (formerly New Baku) refinery in Baku,
 
President Ilham Aliyev: TANAP is the project of the 21st century
15.04.2014 [14:13]
“The work in the oil-gas sector is going on successfully. The industry attracts growing investment both from domestic sources and foreign partners. The new platforms we build, the wells we dig raise our energy potential,” President of Azerbaijan Ilham Aliyev has told a meeting of the Cabinet of Ministers
 
SOCAR opens new filling stations in Ukraine
15.04.2014 [13:20]
The State Oil Company of Azerbaijan (SOCAR) has opened new filling stations in Khmelnitsky and Poltava regions of Ukraine. The stations will realize petroleum products, produced at leading processing plants of Poland, Lithuania and Belarus, and meeting Euro - 4 and Euro - 5 standards. The station provides
 
Negotiations on financing project for construction of refinery in Turkey completed
12.04.2014 [20:17]
The State Oil Company of Azerbaijan (SOCAR) has completed the negotiations with banks regarding the participation in financing the project for construction of a new Star refinery in Turkey, President of SOCAR Rovnag Abdullayev told
 
German E.ON company opens Baku office
11.04.2014 [18:08]
German E.ON company has opened its office in Baku. The session of SOCAR and E.ON Coordination Committee took place in Baku. At the session SOCAR President Rovnag Abdullayev has positively assessed cooperation
 
Oil prices fall in world markets
11.04.2014 [12:06]
The price of oil has continued to fall in the world markets. On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil has decreased $0.20 to stand at $103.40. Price of British Brent crude oil at the London ICE (InterContinental Exchange Futures) has decreased $0.52 to trade at $107.46
 
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