BRIEF: "Azeri-Chirag-Guneshli" partners stabilize production v...

Azeri state energy firm SOCAR plans to borrow about $4 billion from foreign banks to finance construction of a refinery in Turkey, Reuters quoted a company official as saying. According to a financing scheme, 65% of financing of the Star refinery ...

MOSCOW. May 21 (Interfax) - Russian Foreign Minister Sergei Lavrov has said it is outrageous that the votes given by Azerbaijan to the entry from Russian performer Dina Garipova in the Eurovision Song Contest were apparently not counted. He promised ...

Turkey is set to receive a new refinery after Azerbaijan's Socar and a Spanish-led group ink a multibillion-dollar deal to build the facility on İzmir's Petkim peninsula on the Aegean coast Socar Turkey and a consortium led by Spain's Tecnicas ...

The combination of distant voting and the votes of the jury, which form the total result in the 50 to 50 per cent arrangement has made it impossible for Russia to rank among the top 10 in Azerbaijan. That is why Azerbaijan did not grant its vote to ...

Nagorno-Karabakh. Photo: RIA Novosti The Foreign Minister of Azerbaijan, Elmar Mammedyarov, is looking to progress in a settlement of the Nagorno-Karabakh conflict following Azerbaijani elections later this year. Once we are through with our ...

BAKU, Azerbaijan, May 16 (UPI) -- State Oil Co. of Azerbaijan Republic President Rovnag Abdullayev said the Baku-Tbilisi-Ceyhan, one of the longest oil pipelines in the world, was operating at about 70 percent capacity and the Baku-Supsa line was at ...

On May 21, the price of AZERI LT CIF Augusta was $106.41 per barrel, or $1.37 per barrel less, compared to the previous price, according to the State Oil Company of Azerbaijan (SOCAR), which has produced Light Oil since 1997. Azeri Light oil is ...

The State Oil Company of Azerbaijan (SOCAR) predicts an increase in oil production from the block of Azeri-Chirag-Guneshli (ACG) field in the Azerbaijani sector of the Caspian Sea. President of SOCAR Rovnag Abdullayev told reporters that now daily ...

BAKU -- A court in Baku has charged a young Facebook activist with hooliganism over a controversial "Harlem Shake" video. The court also ruled that Ilkin Rustamzade must be kept in pretrial detention for up to two months during the investigation.