The State Oil Company of Azerbaijan (SOCAR) intends to begin natural gas production at Azerbaijan's Absheron field in the Caspian Sea in late 2019 or early 2020. SOCAR official Vitaliy Beglyarbekov said …
An Italian court has revoked an order that had halted work to remove olive trees from the pathway of the Trans Adriatic Pipeline (TAP), a lawyer involved in the case said. Opposition from the local town council and the regional …
European Commission is ready to support Azerbaijan in further development of the energy sector, the EU Commissioner for Energy Maros Sefcovic said in a video message to the participants of the 4th Caspian Energy Forum in …
Azerbaijan expects a clear position from the EU on Nagorno-Karabakh conflict’s settlement in accordance with international law
Moody's: Kazakhstan more resilient than Azerbaijan in adjustment to lower oil prices
The BP company expects the ‘Contract of the Century’ for the further development of the Azeri-Chirag-Gunashli (ACG) block of oil and gas fields in the Azerbaijani sector of the Caspian Sea, to be signed in the middle of 2017, …
It is expected more than 10 bn m3 of gas to be produced from Shah Deniz-1 in 2017
The head of Turkish Energy Ministry Berat Albayrak will visit Azerbaijan for a working visit, Turkish Ambassador to Baku to Ercan Ozoral said. According to him, Albayrak will participate in the third …
Azerbaijan and the Czech Republic have established sustainable economic relations, the Minister of Industry and Trade of the Czech Republic Jan Mladek said at the Azerbaijani-Czech business forum in Baku. Mladek noted …
Technip's position is strengthened by a service contract with SOCAR
The World Bank’s board of directors approved loans of $400 million each for Turkey and Azerbaijan, for the Trans-Anatolian Natural Gas Pipeline (TANAP) project. The loans will be supplied through the World Bank's …
The oil output forecast for Azerbaijan for 2017 shows plans to reduce oil production by 35,000-42,000 barrels a day compared to current level; such plans are in …
The Asian Development Bank is planning to provide $1bn to expand the operations of Azerbaijan’s Shah Deniz II gas field
The oil is running out and the need to diversify its streams of economic sustenance is more vital now than ever
The State Oil Company of Azerbaijan (SOCAR) closes an export pipeline running to Iran for repairs. According to the Company, from 9 am to 6 pm on November 29 the SOCAR Gas Export Department will suspend gas supply on the Astara …
Market activity was low because of the U.S. Thanksgiving holiday
BP, as operator of the development of offshore bloc Azeri-Chirag-Guneshli, restarts today one of the main production platforms in the Caspian Sea. BP Azerbaijan reports that the 12-day program on maintenance work on the East Azeri …
The State Oil Fund of Azerbaijan aims to soon lift its cap on investment in stocks to 25%
President of Azerbaijan Ilham Aliyev and President of the Bolivarian Republic of Venezuela Nicolas Maduro have held a meeting in a narrow format. President Aliyev said that President Maduro’s …
