PROKON successfully delivered the project for SOCAR Polymer

PROKON announces the accomplishment of engineering, procurement and construction (EPC) works at Conditioning Facility within PP/HDPE (Polypropylene/High density polyethylene) Project for SOCAR Polymer.

Azerbaijan met its commitment on reduction of oil production as part of OPEC/NOPEC deal in December 2017

Last month Azerbaijan fulfilled the undertaken commitment to reduce oil production as part of the OPEC/NOPEC transaction.

Azeri oil price fell to $69.86 a barrel

The price of a barrel of Azerbaijani oil Azeri LT CIF on the world market declined by $0.06 (0.09%).

Azerbaijan generated 1.9 bn kWh of electricity in December 2017

Last month electricity generated in Azerbaijan amounted to 1.9 bn kWh that is by 300 million kW/h or of 13.64% less than for December 2016

Azerbaijani oil price exceeded $70 a barrel

The price of a barrel of Azerbaijani oil Azeri LT CIF on the world market increased by $0.65

Azerbaijan forms 56% of world's profit oil

To date Azerbaijan has produced 250 million tons of profit oil from the Azeri-Chirag-Guneshli oilfield block

Oil Azeri LT CIF has increased in price

The price of Azerbaijani oil grade Azeri LT CIF on the world market has increased by $1.3

Oil prices keep on increasing

World oil prices continue rising, and the American cost advantage strengthens the position of the US oil industry in the export zone

Azerbaijani oil price stays stable

The price of Azerbaijani oil grade Azeri LT CIF on the world market remained at the same level, having increased slightly by $0.01

Azerbaijani oil price has grown

The price of Azerbaijani oil grade Azeri LT CIF on the world market has increased by $1.81

Azərişıq switches to active regime

Azerbaijan’s electric supply operator Azərişıq will operate in active regime during the New Year’s holidays

Azerbaijani-based company Global Energy Solutions expands its business to Kazakhstan

Azerbaijani-based company Global Energy Solutions (Glensol), one of the leading providers of maintenance and integrity solutions to the oil and gas, power and water, chemical industries expanded its business to Kazakhstan

Azerbaijani oil price declines to $66.37 a barrel

On the world market Azeri crude oil Azeri LT CIF fell by $0.14 (0.21%) on 22 December and remains at this level.

Azerbaijan raises syndicated loan worth $524.5 mln for Shah Deniz project development

Southern Gas Corridor has raised a syndicated loan worth $524.5 mln

The price of Azerbaijani oil drops slightly

Azeri LT CIF oil fell by $ 0.03 (0.05%) in price on the world market