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14.02.2014 BP Azerbaijan announces 2013 results

British BP, which operates a number of major oil and gas projects on behalf of its co-ventures in Azerbaijan, Georgia, and Turkey, made public the results of 2013, Azernews reported on February 13.

14.02.2014 Two killed in Lukoil petrol station blast in Azerbaijan capital

An explosion occurred on February 13 at a petrol station's gas tank in Baku's Khatai district, Azerbaijani Emergency Situations Ministry told Trend.

14.02.2014 Azerbaijan set to continue pumping oil via Baku-Novorossiysk pipeline

The continuation of oil pumping via the Baku-Novorossiysk pipeline on mutually beneficial conditions is in the interests of both "Transneft" and SOCAR, SOCAR (The State Oil Company of Azerbaijan) told Trend on February 13.

13.02.2014 BP to drill seventh well at Azerbaijan’s Shah Deniz

British BP, the technical operator for the development of the giant Shah Deniz gas condensate field in the Azerbaijani sector of the Caspian Sea, will start the drilling of the seventh well within the first stage of development of the field, Azernews reported on February

12.02.2014 Azerbaijan cuts fuel excise rates

The Azerbaijani Cabinet of Ministers has decided to make changes to the excise duty rates on oil products, Trend reported on February 11.

11.02.2014 SOCAR lays 1,200 km of gas pipelines in Georgia in 2013

In 2013 the SOCAR Georgia Gas company constructed 1,179 kilometers of new gas pipelines and provided natural gas to 37,500 subscribers, according to a message posted on the website of the State Oil Company of Azerbaijan Republic (SOCAR), with a reference to the SOCAR Geo

11.02.2014 Petkim to invest additional $8 billion in Turkish economy

Turkey's Petkim Petrochemical Holding, in which Azerbaijan's state energy company SOCAR owns equity shares, will invest an additional $8 billion in the Turkish economy in the next five years, Azernews reported on February 11.

10.02.2014 Technical problems affect Azerbaijani gas export via South Caucasus Pipeline

The British company BP, which is the technical operator for development of Azerbaijani 'Shah Deniz' gas and condensate field, is gradually increasing the volume of gas exports via the South Caucasus Pipeline, the company told Trend on February 8.

07.02.2014 Azerbaijan's underground natural gas storage capacity increased to 5 billion cubic meters

The capacity of Azerbaijan's underground gas storages has increased to five billion cubic meters, SOCAR President Rovnag Abdullayev said at a conference held under the chairmanship of President Ilham Aliyev dedicated to the results of implementation of two state programs

06.02.2014 Azerbaijan increases oil production at ACG block in 2013

Some 32.72 million tons of oil was produced at Azeri-Chirag-Guneshli oil and gas fields' block in the Azerbaijani sector of the Caspian Sea in 2013 compared to the expected 30.62 million tons, according to an article of Azerbaijani Energy Minister Natig Aliyev published