Azerbaijan Energy Minister discussed with his Saudi Arabia counterpart matter of production restriction

Energy Minister Parviz Shahbazov of Azerbaijan and Minister of Energy, Industry & Natural Resources Khalid Abdulaziz Al Falih of Saudi Arabia conducted negotiations in Vienna

Tehran will not cut production under OPEC prior to the lifting of sanctions

Iran, under US sanctions, will not participate in the coordinated production cuts within OPEC format+

OPEC+ ministers agree on need to reduce oil production

The OPEC+ ministers agreed yesterday at a meeting of the Monitoring Committee on the need to reduce oil production, including Russia

Azerbaijan supports reduction of oil production within OPEC+

Azerbaijan supports the reduction of oil production within OPEC+

Price of Azerbaijani oil has risen

Cost of a barrel of Azerbaijani oil grade Azeri Light has grown by $0.63

UAE energy Minister: cooperation within OPEC+ will continue

United Arab Emirates will maintain cooperation within OPEC+

Azerbaijan and UAE discussed the current state of the global oil market

Minister of energy of Azerbaijan Parviz Shahbazov met with President of OPEC conference, Minister of energy of UAE Suhail Mohammed Faraj al-Mazrui.

Price of Azerbaijani oil has risen

Cost of a barrel of Azerbaijani oil grade Azeri Light has grown by $0.63

Energy Minister to take part in 5th OPEC+ Ministerial Meeting

Azerbaijani Energy Minister Parviz Shahbazov will pay a working visit to Vienna on 4-7 December

Prices for oil have grown

Cost of a barrel of Azerbaijani oil grade Azeri Light has increased by $2.10

Qatar withdraws from OPEC

Withdrawal from the Organization of Petroleum Exporting Countries (OPEC) has been stated in Doha, Qatar

Cost of Azerbaijani oil has declined

The price of a barrel of Azerbaijani oil grade Azeri Light has dropped by $1.26

Oil and gas production grows in Baku

Oil and gas production grows in Baku

Azerbaijani oil price grows

Cost of a barrel of Azerbaijani oil grade Azeri Light has increased by $0.36

Azerbaijan’s Energy Ministry and BP agree to start cooperation on alternative energy sources

Azerbaijani Energy Minister Parviz Shahbazov has received BP Regional President for Azerbaijan, Georgia & Turkey Gary Jones