TAP AG: 88,5 percent of construction work completed

20.07.2019 [16:26]
“As much as 88,5 percent of the Trans Adriatic Pipeline (TAP) project, including engineering procurement and construction scope, as well as offshore construction, pipeline installation has been successfully implemented, TAP AG company said ...

Azerbaijani oil price exceeds $64

20.07.2019 [12:34]
Azerbaijani oil price has increased on the world markets. The price of a barrel of Azeri Light crude oil rose $0.43 to stand at $64.15 ...

Oil prices rise on world markets

20.07.2019 [10:45]
Oil prices have increased on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil rose $0.54 to trade at $62.47, while the price of Light crude oil at the NYMEX ...

Exclusive: IEA revising oil demand growth forecast down on slowing economy

19.07.2019 [14:42]
The International Energy Agency (IEA) is reducing its 2019 oil demand forecast due to a slowing global economy amid a U.S.-China trade spat, its executive director said on Thursday, Reuters reports ...

Azerbaijani oil sells for $63.72

19.07.2019 [12:51]
Azerbaijani oil price has decreased on the world markets. The price of a barrel of Azeri Light crude oil fell $2.45 to stand at $63.72 ...

Oil prices jump on world markets

19.07.2019 [11:18]
Oil prices have increased on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil increased $0.94 to trade at $62.87 while the price ...

Azerbaijani oil sells for $66.17

18.07.2019 [13:25]
Azerbaijani oil price has decreased on the world markets. The price of a barrel of Azeri Light crude oil fell $2.39 to stand at $66.17 ...

About 16 million tons of oil transported via BTC pipeline in first six months of 2019

18.07.2019 [11:25]
In January-June, about 16 million tons of oil was transported via Baku-Tbilisi-Ceyhan pipeline (BTC), State Statistics Committee said. In general, 81 percent of transportation was carried out by the Baku-Tbilisi-Ceyhan ...

Brent crude oil sells for $63.72

18.07.2019 [10:46]
On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil increased $0.06 to trade at $63.72. The price of Light crude oil at the NYMEX (New York Mercantile Exchange) decreased $0.09 to stand ...

Oil prices jump on world markets

17.07.2019 [13:17]
Oil prices have increased on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil increased $0.26 to trade at $64.41 while the price ...

Azerbaijan produces 18.8 m tons of oil and 12 bn cm of natural gas in 2019

17.07.2019 [12:34]
Azerbaijan produced 18,799,3 tons of crude oil (including gas condensate) and 17,312,2 cubic meters of natural gas in the first half of 2019, according to the State Statistical Committee. The volume of marketable production of natural gas totalled to 11 ...

Azerbaijani oil sells for more than $68.5

17.07.2019 [11:34]
Azerbaijani oil price has decreased on the world markets. The price of a barrel of Azeri Light crude oil fell $0.19 to stand at $68.56 ...

Brent crude oil sells for $66.50

16.07.2019 [12:49]
On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil rose $0.02 to trade at $66.50. The price of Light crude oil at the NYMEX (New York Mercantile Exchange) decreased $0.04 to stand at $59.54 ...

SOCAR, ENOC discuss investment opportunities

16.07.2019 [11:20]
President of State Oil Company of Azerbaijan Republic (SOCAR) Rovnag Abdullayev has met with a delegation led by Vice Chairman of Emirates National Oil Company ENOC Sheikh Saeed Mohammed Al Tayer to discuss opportunities for investment ...

Azerbaijani oil sells for $68.75

16.07.2019 [10:50]
Azerbaijani oil price has increased on the world markets. The price of a barrel of Azeri Light crude oil rose $0.05 to stand at $68.75 ...

Azpetrol becomes partner of Caspian Energy Forum Baku – 2019

15.07.2019 [14:58]
Azpetrol ltd LLC has become a partner of the 9th International Caspian Energy Forum Baku – 2019 which will be held at Azerbaijan’s capital on September 19. The 9th International Caspian Energy Forum Baku – 2019 is dedicated to the 25th ...

Oil prices decrease on world markets

15.07.2019 [10:42]
Oil prices have decreased on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil fell $0.16 to trade at $66.56 while the price of Light crude oil at the NYMEX (New York Mercantile Exchange) decreased $0.27 to stand at $59.94 ...

Azerbaijani oil sells for $68.7

13.07.2019 [17:59]
Azerbaijani oil price has decreased on the world markets. The price of a barrel of Azeri Light crude oil fell $0.13 to stand at $68.70 ...

Shah Deniz 2 project receives RAEng Major Project Award 2019

13.07.2019 [14:40]
The team behind the BP’s Shah Deniz 2 project have been awarded the Royal Academy of Engineering’s 2019 Major Project Award for their collaboration to deliver this complex major offshore, onshore and pipeline gas development project. The award was presented ...