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Details of Baku-Tbilisi-Kars railway project to be mulled

Details of visit of the Turkish Customs and Trade Minister Bülent Tüfenkci to Baku starting on July 18 have become known. Report informs referring to the...

SOCAR completes reconstruction of platform in Caspian Sea

The Azerbaijani state oil company SOCAR has completed work on the reconstruction of platform #11 on the Gunashli field in the Caspian Sea. The project...

Turkey to get $15B more from Azerbaijan’s huge energy projects –...

 Trend Turkey has received $8 billion from such Azerbaijani projects as Baku-Tbilisi-Ceyhan (BTC) Pipeline, the Trans-Anatolian Natural Gas (TANAP) Pipeline and the Shah Deniz projects...

Quality of local gasoline to improve in Azerbaijan

The quality of the gasoline output will improve significantly after the upgrade of oil refining industry of Azerbaijan. The gasoline, produced in Azerbaijan, meets Euro-2 standards,...

OPEC oil price up

 Trend The price of OPEC’s basket of 13 crude brands stood at $46.40 per barrel on July 14, as compared to $45.66 per barrel on July...

Oil prices rise on world markets

AZERTAC On NYMEX (New York Mercantile Exchange) cost of the US Light crude oil increased $0.15 to stand at $46.07. Price of the Brent crude...

Russia plans to develop cruise tourism in Caspian Sea

Cruise tourism is one of the steadily growing segments of the tourism sector and can make a significant contribution to a destination’s economy. Generating an...

Carbamide plant’s contractor completes 95% of mechanical-installation works

"Procon" LLC (subsidiary of "Nobel Oil Services" company engaged in construction and project management) has carried out 95% of the mechanical-installation works within the...

Turkmenistan continues exploring Uzynada gas field

Trend A new gas field – Uzynada – has recently appeared on the geological map of Turkmenistan, the Neutral Turkmenistan newspaper reports. Currently, two more deep...

SOCAR: Change in gasoline prices to accelerate modernization of oil refining...

The change in AI-92 gasoline prices will support Azerbaijan’s state oil company SOCAR in accelerating the modernization of the oil refining industry, SOCAR Vice...

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