The French Almost Found Lender for Gas Project Absheron
The European Investment Bank (EIB) is interested in the project to develop a large gas condensate field Absheron in the...
The European Investment Bank (EIB) is interested in the project to develop a large gas condensate field Absheron in the...
The State Oil Fund of Azerbaijan (SOFAZ) in January 2017 sold foreign currency totalling $ 285 million from foreign exchange...
SOCAR shipped 1 million 398.44 thousand tons of Azeri oil via Ceyhan, Turkey in January 2017, the press service of...
SOCAR will produce about 300 mcm of gas and about 55 thousand tons of condensate per year due to commissioning...
SOCAR will produce 73 thousand tons of oil and 16.5 mcm of gas annually by drilling 10 new production wells...
Oil production in Azerbaijan in 2016 decreased compared to 2015 by 9.1% to 2 billion 772.7 million manat. This is...
Azerbaijan is planning to produce more gas and less oil this year, energy minister Natiq Aliyev has toldNGW. The country...
World Bank and the the government of Azerbaijan January 16 signed a $400mn loan agreement funding the TransAnatolian gas pipeline...
Azerbaijan and the World Bank (WB) have signed a loan agreement on the Trans Anatolian Natural Gas Pipeline (TANAP) project,...
Europe’s Trans Anatolian natural gas pipeline in Turkey has hit a major milestone. It passed the halfway mark to completion...
Malta’s first LNG cargo, supplied by Azerbaijan's state Socar, was delivered January 11 aboard the tanker Galea. Socar shipped the...
Money keeps coming for the Southern Gas Corridor as it has enjoyed cast-iron support politically – so far, at least....
The drilling departments of SOCAR increased drilling volumes in 2016 compared with the same period in 2015 by 0.8% -...
The State Oil Fund of Azerbaijan (SOFAZ) is interested in the acquisition of high-quality real estate assets in European, Asia-Pacific...
The ad hoc working group, tasked to develop a convention on the Caspian Sea’s legal status, plans to hold its...
France’s Technip S.A. plans to complete work on design engineering as part of the construction of oil and gas processing...
In 2016 SOCAR exported via pipelines 20 million 386 thousand 628 tons of oil. Compared to 2015 the export volume...
PJSC Ukrtatnafta is preparing to take on the processing at the Kremenchug refinery of the first batch of Azerbaijani Azeri...
The Oil and Gas Extracting Department (OGED) Oil Rocks (the structure of Production Association Azneft SOCAR) for the first time...
Despite the turbulence in the commodity markets in 2016, the year ended on a high note for the London-based integrated...
Turkey's first floating natural gas storage and regasification unit (FSRU), which will compress an additional 20 million cubic meters of...
Azerbaijan’s State Oil Company SOCAR and Russia’s Transneft have agreed on volumes of oil transportation via the Baku-Novorossiysk pipeline for...
There are undiscovered oil fields in the Cuban part of a shelf in the Gulf of Mexico, and Azerbaijani companies...
Azerbaijan’s state oil company SOCAR will additionally produce over 5,100 tons of oil annually due to the commissioning of a...
The State Oil Company of Azerbaijan Republic (SOCAR) plans to continue to expand abroad. The company has invested 4.487 bln...
The total volume of investments of the Turkish Petroleum Corporation (TPAO) in Azerbaijan exceeded $10 billion, the TPAO CEO Besim...
The World Bank’s Board of Executive Directors today approved a $400 million loan for Turkey and a $400 million loan...
The meeting of the Multi-stakeholder Group (MSG) on implementation of the Extractive Industries Transparency Initiative (EITI) in Azerbaijan was held...
Yesterday at 5 a.m. as a result of an accident at the oil gathering station №3 of the Oil and...
Ten people went missing as a result of an accident at the oil-gathering station #3 of the department on oil...
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