Connect with us

AIC

Azerbaijan fulfills obligations to OPEC + 

Avatar

Published

on

In February 2021, daily oil production (including condensate) in Azerbaijan amounted to 741,000 barrels, with crude oil accounting for 593,000 and condensate responsible for 148,000 barrels, Report informs, citing the country's Energy Ministry.

At the 13th and 14th ministerial meetings of the OPEC + countries, it was decided to keep the current quotas for daily crude oil production in February, March, and April. According to the new agreement, Azerbaijan's obligations in the amount of 123,000 barrels in January are valid for the reporting period as well. The output will be left at 595,000 barrels a day. OPEC+ countries’ reduction on the output will be 6.9 million barrels a day in April.

Subscribe to our Facebook page

Continue Reading

AIC

New CEO appointed to Azercell Telecom

Avatar

Published

on

Zarina Zeynalova has been appointed Chief Executive Officer of Azercell Telecom LLC, Report informs.

Zarina Zeynalova holds a post-graduate diploma in People Management & Development from Nottingham Trent University in the UK. She is a Fellow Member of the Chartered Institute of People Management and Development (CIPD). She is a graduate of the Executive Management Development Program at Texas A&M University, USA. She holds a B.Sc. degree from Azerbaijan Medical University.

Z. Zeynalova has over 25 years of professional experience in management and organizational development across multiple geographies of the world. For 20 years she has held various management positions in BP offices in Azerbaijan, UK, and the US. She also held senior management positions at PricewaterhouseCoopers (PwC) and Pasha Construction Group.

Note that the former head of Azercell Telecom LLC, Vahid Mursaliyev left his post due to the expiration of his contract.

The main priority of the new CEO of Azercell will be to ensure a leading position in the field of digital transformation in Azerbaijan, along with the development of the communication activities of Azercell.

Subscribe to our Linkedin page

Continue Reading

AIC

Oil prices go up 

Avatar

Published

on

The oil prices, which fell this afternoon, rose again during the evening auctions.

Report informs that Brent crude for June delivery went up 0.12 percent to $66.86 a barrel, WTI June crude futures surged 0.22 percent to $63.33, while May futures climbed 0.17 percent to $63.24 a barrel.

Subscribe to our Linkedin page

Continue Reading

AIC

WHO extends emergency mode due to coronavirus

Avatar

Published

on

The World Health Organization (WHO) has extended the global emergency regime due to the COVID-19 pandemic for another three months.

The decision was made after the Committee on Emergency Situations of the WHO International Health Regulation (IHR) discussed the situation at the 7th meeting.

"The WHO Director-General accepted that the COVID-19 pandemic still remains a Public Health Emergency of International Concern (PHEIC) and agreed with the committee's recommendations," the statement reads.

So far, 142 million people worldwide have been infected with the coronavirus, and more than 3 million of them have died.

Subscribe to our Twitter page

Continue Reading

Facebook

Trending