Latest news
SOCAR and UNDP to develop cooperation in environmental protection
Azerbaijan’s state oil firm SOCAR and the United Nations Development Program (UNDP) inked a protocol on environmental protection in Baku.
read more... 07/03/2018
Daily (07.03.2018): Oil prices rose on Tuesday due to a weak dollar ahead of U.S. inventory data
Oil prices rose on Tuesday, after South Korea mentioned it would carry out a summit with North Korea for the first time in a decade, which investors took as a cue to sell the U.S. dollar and purchase risky assets.
read more... 07/03/2018
Naftogaz and PGNiG inked gas supply accord
Naftogaz and PGNiG have signed an agreement for emergency gas supplies after Gazprom’s decision to stop the beginning of gas supply to Naftogaz.
read more... 06/03/2018
Daily (06.03.2018): German prompt power prices surged by almost 45% on Monday due to lower wind power supply
Oil prices soared on Monday, supported by forecasts for robust oil demand growth and concerns that output from OPEC producers would rise at a much slower pace in the future.
read more... 06/03/2018
Italian company will construct a solar plant in Iran
The Italian firm Carlo Maresca will construct a $100-million solar power plant in Iran.
read more... 06/03/2018