Business

08 April 2010 [09:35]

SOCAR cut drilling by 12.7% in March

In March 2010, the State Oil Company of Azerbaijan (SOCAR) lowered drilling by 12.7% against February of the year.
06 April 2010 [17:40]

EU Commissioner for Energy to visit Azerbaijan

EU Commissioner for Energy Günther Oettinger will arrive in Azerbaijan next week, said the head of EU Delegation to Azerbaijan Roland Kobia.
06 April 2010 [15:08]

Sarmatia CEO: Caspian oil delivery to Belarus is an interesting project

Caspian oil delivery to Belarus can ensure an exit to market of other countries, Sarmatia CEO Sergey Skripka said.
05 April 2010 [13:13]

Azerbaijani Minister of Industry and Energy: SOCAR's world reputation will allow to draw in foreign investors to Azerbaijani chemical industry

Azerkimya state company's joining SOCAR is appropriate at this stage, Minister of Industry and Energy Natiq Aliyev said.
03 April 2010 [14:18]

British Company Analyst: Azerbaijan to continue leading in region

Business Monitor International Emerging Europe Analyst Richard Grieveson spoke in an interview with Trend specially for New Azerbaijan newspaper.
03 April 2010 [09:50]

International conference on e-government to be held in Azerbaijan

International conference titled “Electronic government in Azerbaijan: achievements and prospects” will be held in Baku on April 26-28.
02 April 2010 [16:06]

Azerbaijan-Serbia Commerce and Economic Chamber established in Belgrade

Azerbaijan-Serbia Commerce and Economic Chamber was estbalsihed in Belgrade.
02 April 2010 [13:12]

SOCAR switches to contact-free control over gas consumers

The State Oil Company of Azerbaijan (SOCAR) prepared a new gas supply concept, the company said.
01 April 2010 [14:32]

Gazprom official: Favorable conditions created for business development in Azerbaijan

Favorable conditions have been created for business development, well-known businessman Alisher Usmanov said.
31 March 2010 [15:28]

Azerbaijani official: Global crisis facilitates process of WTO admission

The Azerbaijani government plans to send new proposals on goods and services to the World Trade Organization (WTO) Secretariat as part of its negations to join the WTO, Chief Negotiator and Deputy Foreign Minister Mahmud Mammadguliyev said.
30 March 2010 [11:18]

Head of RWE Business Development: Nabucco is the most competitive project in the Southern Corridor

Interview with Jeremy Ellis, Head of Business Development, RWE Supply & Trading, Essen (Germany).
29 March 2010 [14:33]

Azerbaijan sees 8.5-percent rise in oil production

Oil production in Azerbaijan dropped in February as compared to January of the current year.
20 March 2010 [10:15]

President Ilham Aliyev inspected Oil clean-up operations - PHOTOS

Yesterday, President Ilham Aliyev inspected clean-up and greening operations in the territory of the Bibiheybet oil and gas producing department.
19 March 2010 [14:29]

Romania interested in Azerbaijan's energy sector

Romania has expressed interest in Azerbaijan's energy sector.
18 March 2010 [18:32]

New BMW 5 Series cars exhibition was held in Baku - PHOTOS

On the eve of Nowruz holiday, official BMW AG importer in Azerbaijan – Improtex Motors company held a presentation of the new BMW 5 series. The presentation was held in company’s main showroom.
18 March 2010 [10:22]

ABA president: Azerbaijani banking system has successfully built relations with internationall financial institutions

Azerbaijan's dynamic development calls for accelerating systemic banking sector reform, including the introduction of new banking technologies, expansion of banking services and wider involvement of economic actors to banks handling funds.
15 March 2010 [15:44]

Azerbaijani, Slovak businessmen meet in Baku

Azerbaijani and Slovak business people have come together in Baku to explore prospects for cooperation in a variety of fields.
12 March 2010 [16:35]

Azerbaijan, Bulgaria consider project on compressed gas supply to Europe

The State Oil Company of Azerbaijan Republic (SOCAR) continues negotiations on the transportation of compressed natural gas (CNG) to Europe.