EIB approved a loan for TAP construction

The European Investment Bank (EIB) has endorsed a €1.5 bn loan for construction of Trans-Adriatic Pipeline (TAP)

Energy Ministry: Azerbaijan fulfills its obligations within OPEC/NOPEC deal

Azerbaijan’s daily oil production for January 2018 amounted to 814,600 barrels

Socar Polymer’s propylene plant to be launched in June

The propylene plant of Socar Polymer, which is now under construction at the Sumgait Chemical Industrial Park, will be put into operation in 2nd quarter of this year

Azerbaijan's Oil Fund received $651.6 million from sale of profit oil from ACG oilfield block for January

The State Oil Fund of Azerbaijan (SOFAZ) received $651.6 million from the sale of profit oil from oilfield block Azeri-Chirag-Gunashli (ACG) in January 2018

Azeri oil price has approached to $71 a barrel

The price of a barrel of Azerbaijani oil Azeri LT CIF increased by $0.57 (0.81%) on the world market

SOCAR and Maire Tecnimont signed a contract for construction of plants at Baku Oil Refinery

The Tecnimont/Kinetics Technology alliance and the Baku Oil Refinery n.a. Heydar Aliyev of the State Oil Company of Azerbaijan (SOCAR) signed a contract for construction of plants within the framework of the project of reconstruction & modernization of the Refinery.

Samir Akhundov has led Energy Issues Regulation Agency of Azerbaijan

Chairman of Board of the Energy Issues Regulation Agency of the Ministry of Energy of Azerbaijan has been appointed

Azerbaijan gets first bonus within new agreement on Azeri-Chirag-Gunashli

The State Oil Fund of Azerbaijan (SOFAZ) received the first bonus payment within the framework of the new agreement on development of Azerbaijan’s oilfield block Azeri-Chirag-Gunashli (ACG)

AZN 100 million to be funded to SOCAR for bringing gasification up to 95%

Azerbaijani President Ilham Aliyev has tasked the State Oil Company (SOCAR) to bring the level of gasification up to 95% in 2018

Price of Azeri oil again exceeds $72 a barrel

The price of a barrel of Azerbaijani oil Azeri LT CIF on the world market grew by $0.77

Price of Azeri oil back again exceeded $71 a barrel

The price of a barrel of Azerbaijani oil Azeri LT CIF on the world market increased by $0.01

President Ilham Aliyev has met with BP CEO Robert Dudley

President Ilham Aliyev of Azerbaijan has held a meeting with Robert Dudley, the CEO of BP, within the World Economic Forum in Davos

Azerbaijani President attended a meeting of leaders of oil & gas industry on policies in Davos

Within the World Economic Forum Baku hosted a session "Meeting of leaders in the politics of the oil & gas industry."

Manufacture of petrol has grown in Azerbaijan

Azerbaijan produced petroleum products for AZN 2.727 bn that is by 7.8% less than in 2016

Azerbaijan’s head met with vice president of European Commission for Energy Union

President of Azerbaijan Ilham Aliyev met in Davos with Vice-President of the European Commission, in charge of Energy Union Maroš Šefčovič