Iraq, Kazakhstan, Nigeria and UAE enter in OPEC+ Monitoring Committee

The 13th Ministerial Meeting of the OPEC+ countries is being held in Baku

New rules for connection to power supply networks introduced

New rules for connection to power supply networks introduced

Decision to extend OPEC+ deal may be made in June

A decision to extend the OPEC+ deal may be taken in June

Energy Minister: OPEC+ fulfills oil production cut obligation by 90%

The OPEC+ countries have fulfilled their obligations on oil production cuts by 90%

Energy Minister: Azerbaijan to keep on supporting OPEC initiatives

Today, the 13th Ministerial Meeting of the OPEC Joint Monitoring Committee is taking place in Baku

PM: Azerbaijan to earn $850 million annually from Star plant in Turkey

Prime Minister Novruz Mammadov of Azerbaijan has reported today to the parliamentarians on the results of Cabinet Ministers` activity for 2018

Azeri Light has grown in price

Azerbaijani oil grade Azeri Azeri LT CIF has increased in price by $0.23

SOCAR revenues grew 20-fold for last 10 years

SOCAR revenues grew 20-fold for last 10 years

Prices for oil have increased

Azerbaijani oil grade Azeri Azeri LT CIF has grown in price by $0.65

Prices for oil rise

Azerbaijani oil grade Azeri Azeri LT CIF has increased in price by $0.42

Iran and Russia discussed prospect of their countries` power grid connection

Iranian Energy Minister Reza Ardakanian discussed by phone with his Russian counterpart Alexander Novak the prospect of connecting the power grids of the two countries through the territory of Azerbaijan, Georgia or Armenia.

Gazprombank fixes limit of $3 bn for financing SOCAR projects

14 countries confirm their participation in OPEC+ Monitoring Committee’s meeting in Baku

The 27th meeting of the Joint Technical Commission and the 13th meeting of the OPEC+ Monitoring Committee will be held in Baku on 17-18 March

Azerbaijani oil has grown in price

Azerbaijani oil grade Azeri Azeri LT CIF has increased in price by $1.66

Azerbaijan’s oil production reached 806,000 bpd in February

The daily volume of oil production in Azerbaijan for February 2019 totaled 806,000 barrels