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Trend: The procurement process for the Trans Adriatic Pipeline (TAP) operations and maintenance contracts has already commenced, with the majority of long lead contracts...

Price of Azerbaijani brand Azeri LT CIF crude oil put for sale on world markets, went down by $ 0,25 or 0,43%. Report informs, price...

The extension of the contract on development of Azeri-Chirag-Gunashli block of oil fields in the Azerbaijani sector of the Caspian Sea will further solidify...

Iranian sees Azerbaijan as a hub to reach larger regional markets, Tehran’s envoy to Baku said. “Most of firms attending today’s exhibition see Azerbaijan as...

Azerbaijan’s state oil company SOCAR and Norway’s Statoil discussed the prospects of joint development of a number of fields. The issue was key topic at...

“Registration of attendees for the forthcoming Caspian Energy Transport Forum, which will be held on September 20 with the support of the Ministry of Transport,...

“The extension of the Joint Development and Production Sharing Agreement is of historic importance and demonstrates that Azerbaijan continues to establish itself as a...

Serious changes may soon take place on the world oil market. Report informs citing the Vestifinance.ru, futures contract for oil will be launched very soon in...

Rovnag Abdullayev, President of the State Oil Company of Azerbaijan Republic (SOCAR) has today met with Executive Vice-President for Development & Production International at...

Today (14 September 2017) South Korean Trade delegation visited Baku Shipyard. The delegation was informed about yard’s operations and new projects. At the meeting were...