Price of Azerbaijani oil has fallen

Azerbaijani oil Azeri Light has declined in price by $2.77

Oil keeps on falling

Azerbaijani oil Azeri Light has decreased in price by $2.66

Tekfen and SOCAR sign Memo of Understanding on construction of a new urea plant

SOCAR and IBM created artificial intelligence for well design

SOCAR and IBM announced the creation of a prototype tool based on artificial intelligence technology for well design through joint venture Caspian Innovation Center LLC

Working Group on preparation of 2018 EIT report held its first meeting

Working Group on preparation of 2018 EIT report held its first meeting

178 million tons of oil produced on Neft Dashlari so far

178 million tons of oil were produced on the Neft Dashlari

508 million tons of Azerbaijani oil exported to world markets to date

As of 1 May 2019 the volume of Azerbaijani oil exports to world markets reached 508 million tons

Azerbaijan has produced 280 million tons of profit oil from ACG so far

As of 1 May 2019 Azerbaijan produced 280 million tons of profit oil from field block Azeri-Chirag-Gunashli

Prices for oil slump on Thursday, but keep falling on Friday

Azerbaijani oil Azeri Light has declined in price to $69.75 a barrel

BP to launch exploratory drilling on Shah Deniz in 2020

BP plans to start exploration drilling on Shah Deniz field in 2020 in order to study the potential of deep-seated formations

$36 bn invested in Azeri-Chirag-Gunashli block to date

Gas extraction rise of 20% is expected this year

Over $100 bn invested in oil sector of Azerbaijan

Gas extraction to exceed 40 bn cu m a year in Azerbaijan in 2020

1.8 bn cu m of gas carried to Turkey via TANAP gas pipeline

Energy Minister Parviz Shahbazov stated at the 26th international conference "Oil & Gas of the Caspian Sea" that to date 1.8 bn cu m of Azerbaijani natural gas was sent to Turkey via TANAP pipeline, put into operation last year