Economy

OPEC and non-OPEC oil production cuts won't harm BP

27.01.2017 | Readed: 1410

“The OPEC and non-OPEC oil production cuts won't harm the BP,” BP CEO Robert Dudley told reporters on Wednesday. “The OPEC output cut deal wouldn't be a problem for the BP, who has operations......

Azerbaijan plays role of most profitable and reliable logistics centre in Caspian Sea region

24.01.2017 | Readed: 1422

Azerbaijan plays role of the most profitable and reliable logistical centre in the Caspian Sea region, has said former Culture and Tourism Minister of Turkey, Chief Advisor to the President Erdogan Yalchin......

Azerbaijani companies attend International Green Week 2017 fair in Berlin

23.01.2017 | Readed: 1410

Some 19 Azerbaijani companies have attended the International Green Week 2017 fair of the food, agriculture and gardening industries in Berlin, Germany. Azerbaijan is represented in the event by a......

About 21 mln USD to be invested in Pirallahi Industrial Park plant

17.01.2017 | Readed: 1329

In the first stage, 20.6 million USD will be invested in the Pirallahi Industrial Park’s Construction, Azerbaijani Minister of Economy Shahin Mustafayev said. The plant will be built on an area of......

President Ilham Aliyev: Azerbaijan's economic priorities for 2017

14.01.2017 | Readed: 1398

The official website of the World Economic Forum has published an article by Azerbaijani President Ilham Aliyev headlined "Azerbaijan's economic priorities for......

SOCAR Polymer to be commissioned in 2018

13.01.2017 | Readed: 1425

SOCAR Polymer is planned to be fully operational in......

Al Jazeera’s another report highlights tourism opportunities in Azerbaijan

12.01.2017 | Readed: 1392

Al Jazeera has prepared another TV spotlight about tourism opportunities in Azerbaijan. It highlights that Azerbaijan is at crossroads of the East and the West, as well as the place of confluence of......

Passenger traffic of Heydar Aliyev International Airport reached record high in 2016

07.01.2017 | Readed: 1367

Heydar Aliyev International Airport served 3.26 million passengers in 2016, which is a record in Azerbaijan's civil aviation......

Over 1.5 million Azerbaijanis travelled to Georgia in 2016

06.01.2017 | Readed: 1351

A total of 1,523,075 Azerbaijani citizens travelled to Georgia in 2016, according to the Georgian National Tourism Administration. It is 129,818 persons or 9.3 per cent more than in 2015, official statistics suggests. Azerbaijan is the leader for the......

AIIB allocates $600 mln for TANAP

22.12.2016 | Readed: 1364

The Asian Infrastructure Investment Bank (AIIB) has approved a $600 million loan for Trans-Anatolian Natural Gas Pipeline (TANAP), according to Beijing headquarters of the bank. AIIB Vice-President......

National low-cost carrier BUTA AIRWAYS to be established in Azerbaijan

15.12.2016 | Readed: 1401

The Board of CJSC Azerbaijan Airlines (AZAL) has decided to establish Azerbaijan's own low-cost......

Azeri Light crude sells for $56.83

13.12.2016 | Readed: 1353

Oil prices continue to rise on the world markets. On NYMEX (New York Mercantile Exchange) cost of the US Light crude oil increased $1.33 to stand at $52.83. Price of the Brent crude oil at the London ICE (Intercontinental......

AZAL's air ticket rates will not increase

09.12.2016 | Readed: 1399

The recent increase in aviation fuel prices by the Tariff Council does not affect the current air ticket rates of Azerbaijan Airlines (AZAL) national flag carrier. Like all airlines, AZAL's air ticket prices are formed on a......

Heydar Aliyev International Airport served three million passengers during 11 months of 2016

08.12.2016 | Readed: 1308

Heydar Aliyev International Airport served over 231,000 passengers in November this year, which is 23 percent higher than the same period of last year. Over 11 months of 2016 the Baku airport served......

Non-oil sector budget revenues forecast to be AZN 8.3bn in Azerbaijan`s 2017 state budget

07.12.2016 | Readed: 1413

Azerbaijani Minister of Finance Samir Sharifov has said the non-oil sector revenues will account for 8.3 billion manats in the country`s 2017 state budget. This makes 51.2 per cent......

Over 2 mln tons of Azerbaijani oil exported via BTC pipeline in November

07.12.2016 | Readed: 1328

2,72,571 tons of Azerbaijani oil was transported via Baku-Tbilisi-Ceyhan-BTC main export pipeline in November......

Azeri Light crude sells for $48.92

28.11.2016 | Readed: 1470

The price of a barrel of Azeri Light crude oil decreased $1.25 to stand at $48.92 on the world markets.

AZERTAC

...

AZAL's new campaign on flights to Tel Aviv

25.11.2016 | Readed: 1479

Azerbaijan Airlines (AZAL) announced a new campaign for flights on the route from Baku to Tel Aviv. When buying from December 1 to 20, air ticket for the flights on Baku-Tel-Aviv-Baku route in the period from January 10 to......

Azeri Light crude sells for $49.69

23.11.2016 | Readed: 1400

The price of a barrel of Azeri Light crude oil increased $0.05 to trade at $49.69 on the world markets. On NYMEX (New York Mercantile Exchange) cost of the US light crude oil decreased $0.21 to stand at $48.03. Price of the......

SOCAR launches 35th filling station in Romania

21.11.2016 | Readed: 1419

SOCAR has opened its 2nd filling station in Ilfov, Romania. The opening ceremony was attended by SOCAR Vice-president for economic issues Suleyman Gasimov, representatives of Azerbaijani Embassy in Romania, Turkish......

Oil prices rise on world market

17.11.2016 | Readed: 1382

Oil prices continue rose on the world markets. On NYMEX (New York Mercantile Exchange) cost of the US Light crude oil increased $2.49 to stand at $45.81. Price of the Brent crude oil at the London ICE (Intercontinental......

Azeri Light crude sells for $44.78

14.11.2016 | Readed: 1385

Azeri Light crude oil price has fallen on the world markets.

The price of a barrel of Azeri Light crude oil decreased $1.38 to stand at $44.78

AZERTAC

...

SOCAR plans to own 10% of Romanian energy market

12.11.2016 | Readed: 1310

On November 9-10, Bucharest hosted the Romania Oil & Gas Conference and Exhibition 2016, organized by Petroleum Industry Review and Petroleum Club of Romania, the State Oil Company of Azerbaijan Republic (SOCAR)......

"Bank Silk Way" launches new website

10.11.2016 | Readed: 1341

"Bank Silk Way" has launched a fully renewed new corporate website www.banksilkway.az. The new site, according to the bank's corporate standards, is remarkable for contemporary design, different structure and ease of use. During development of the site daily needs......

Silk Way launches charter cargo flight to Prague

04.11.2016 | Readed: 1313

Azerbaijani Silk Way airline has launched the first cargo delivery by a charter flight to Prague. The company plans to carry out permanent flights for transportation of cargo to Europe, especially Czech Republic in......

Natiq Aliyev to represent Azerbaijan in OPEC and Non-OPEC countries’ summit

28.10.2016 | Readed: 1437

Azerbaijani Energy Minister Natig Aliyev will attend the summit of energy ministers of OPEC and non-OPEC countries that will be held on October 29 in Vienna. As is reported, Russia, Kazakhstan, Bahrain, Bolivia, Brazil,......

Oil prices fall on world markets

27.10.2016 | Readed: 1324

Oil prices fell again on the world markets. On the New York Stock Exchange NYMEX (New York Mercantile Exchange), the cost of the US Light crude oil decreased $0.78 to stand at $49.18. The price of Brent crude fell $0.81 to......

Doing Business 2017 ranks Azerbaijan among 29 countries that implemented three or more reforms

26.10.2016 | Readed: 1375

Doing Business 2017 report has ranked Azerbaijan among 29 countries that implemented three or more reforms. The country`s overall standing in the report is 65. The reports says Azerbaijan facilitated international trade......

AZAL bans use of Samsung Galaxy Note7 on its flights

22.10.2016 | Readed: 1314

Samsung Galaxy Note 7 smartphone devices were banned from Azerbaijan Airlines (AZAL) both in hand luggage and checked baggage. The decision was made following a similar ban made by the US aviation authorities, as well as......

International Renewable Energy Conference kicks off in Baku

21.10.2016 | Readed: 1304

International Renewable Energy Conference has today started in Baku as part of the 7th International Forum on Energy for Sustainable Development. Deputy Chairman of the State Agency on Alternative and Renewable Energy......

Azerbaijan Airlines increasing regular flights to London

12.10.2016 | Readed: 1328

Azerbaijan Airlines CJSC (AZAL) is increasing the number of regular flights from Baku to London, in accordance with the winter schedule. Currently, AZAL is carrying out five flights per week from the Heydar Aliyev International Airport to the major international......

SOCAR Turkey Energy AS and Rosneft sign agreement

11.10.2016 | Readed: 1336

Rosneft and Socar Turkey Energy signed an agreement on supplies of oil and oil products at the World Energy Congress. “The parties will examine cooperation potential within the scope of new Star Refinery with the capacity......

2.1 million tons of Azerbaijani oil transported via BTC in August 2016

08.10.2016 | Readed: 1233

2 million 55 thousand 791 tons of Azerbaijani oil was transported via Baku-Tbilisi-Ceyhan-BTC main export pipeline in September 2016. According to the press service of SOCAR, 22 million 43 thousand 322 tons of oil was......

Iranian Mahan Air to launch flights to Baku

08.10.2016 | Readed: 1153

Iranian Mahan Air airline will launch regular flights on Tehran-Baku-Tehran route from October 31. Azerbaijan State Civil Aviation Administration issued the relevant permission after receiving a request from the airline to perform flights three times a week. Flights are......

Oil price on world markets

04.10.2016 | Readed: 1122

The price of oil changed in the world markets. On the New York Stock Exchange NYMEX (" New York Mercantile Exchange") cost of the US light crude oil increased $ 0.41 to stand at $ 48.24. Price of the brand crude oil at the......

Nobel laureate praises economic reforms in Azerbaijan

03.10.2016 | Readed: 740

Edward Prescott, who received Nobel Memorial Prize in Economics in 2004, has hailed the economic reforms in Azerbaijan. He visited the Center for Economic Reforms Analysis and......

Azerbaijan, Uruguay discuss economic cooperation

01.10.2016 | Readed: 709

Executive Director of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) Shahmar Movsumov has met with a delegation led by President of the Chamber of Representatives of the......

Asan İmza at French Smart Security Week

29.09.2016 | Readed: 739

Azerbaijani mobile ID & signature technology “Asan İmza” continues drawing attraction of the global e-ID and trust services community – this time “Asan İmza” was presented at Smart Security Week 2016 – one of the prestigious events dedicated to......

Silk Way Helicopter Services, Russian Helicopters intend to establish joint service center in Azerbaijan

28.09.2016 | Readed: 675

Silk Way Helicopter Services (SWHS MMC) commercial helicopter company and Russian helicopter holding Russian Helicopters signed a letter of intent within the ADEX 2016 International Defence Exhibition on September 27. The......

Silk Way West Airlines launches direct flights to Chicago

24.09.2016 | Readed: 953

Silk Way West Airlines has opened direct cargo flights between Baku and the largest transportation hub in the United States, Chicago (Illinois). The first flight from Heydar Aliyev International Airport to O'Hare......

“Asan İmza” presented in Tashkent

23.09.2016 | Readed: 858

On September 19-23 of this year the capital of city of Uzbekistan, Tashkent hosted the “ICTWEEK Uzbekistan 2016” – an information-communications technologies week uniting a series of specialized events within a single format. At one of such events, namely......

‘AZAL and Indonesian Airlines can establish direct flights between Baku and Jakarta’

21.09.2016 | Readed: 809

Ambassador of Indonesia to the Republic of Azerbaijan Husnan Bey Fananie has met with a delegation of Caspian Energy headed by President and Editor-in-Chief of the Caspian Energy International Media Group Natalya......


  • I Avropa Oyunlarının təəssüratları uzun müddət xatirələrdə yaşayacaq

    I Avropa Oyunlarının təəssüratları uzun müddət xatirələrdə yaşayacaq

  • Hər gün bir tarix, hər gün bir zəfər

    Hər gün bir tarix, hər gün bir zəfər

  • Birinci Avropa Oyunları məşəlinin Bakının mədəniyyət və incəsənət mərkəzlərinə səyahəti

    Birinci Avropa Oyunları məşəlinin Bakının mədəniyyət və incəsənət mərkəzlərinə səyahəti

Most popular



Calendar

Weather