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    OIL & GAS

    US energy agency revises up oil price forecast

    US energy agency revises up oil price forecast

    10.02.2021 [14:27]
    The US Energy Information Administration (EIA) revised up global crude oil prices for 2021, the EIA announced Tuesday in its February Short-Term Energy Outlook (STEO), according to Anadolu Agency. International benchmark Brent crude is now estimated to average $53.20 per barrel in ...
    Oil prices on world markets

    Oil prices on world markets

    10.02.2021 [12:12]
    On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil rose $0.03 to trade at $61.12, while the price of Light crude oil at the NYMEX (New York Mercantile Exchange) decreased $0.04 to stand at $58.33. ...
    Azerbaijani oil sells for $61.69

    Azerbaijani oil sells for $61.69

    10.02.2021 [10:45]
    Azerbaijani oil price has increased on the world markets. The price of a barrel of Azeri Light crude oil rose $0.58 to stand at $61.69 ...
    Azerbaijani oil sells for $ 61.11

    Azerbaijani oil sells for $ 61.11

    09.02.2021 [13:15]
    Azerbaijani oil price has increased on the world markets. The price of a barrel of Azeri Light crude oil rose $0.60 to stand at $61.11 ...
    Brent oil price exceeds $61

    Brent oil price exceeds $61

    09.02.2021 [10:58]
    Oil prices have risen on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil increased $0.54 to trade at $61.10, while the price of Light crude oil at the NYMEX (New York Mercantile Exchange) rose $0.49 to stand at $58.46 ...
    Oil prices jump on world markets

    Oil prices jump on world markets

    08.02.2021 [11:20]
    Oil prices have risen on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil increased $0.48 to trade at $59.82, while the price of Light crude oil at the NYMEX ...
    Oil prices jump on world markets

    Oil prices jump on world markets

    06.02.2021 [16:34]
    Oil prices have risen on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil increased $0.50 to trade at $59.34, while the price of Light crude oil at the NYMEX (New York Mercantile Exchange) rose $0.62 to stand at $56.85. ...
    Azerbaijani oil price exceeds $60.5

    Azerbaijani oil price exceeds $60.5

    06.02.2021 [12:34]
    Azerbaijani oil price has increased on the world markets. The price of a barrel of Azeri Light crude oil rose $1.12 to stand at $60.51 ...
    Azerbaijani oil sells for $59.39

    Azerbaijani oil sells for $59.39

    05.02.2021 [12:02]
    Azerbaijani oil price has decreased on the world markets. The price of a barrel of Azeri Light crude oil fell $0.12 to stand at $59.39 ...
    Oil prices jump on world markets

    Oil prices jump on world markets

    05.02.2021 [10:51]
    Oil prices have risen on the world markets.On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil increased $0.40 to trade at $59.24, while the price of Light crude oil at the NYMEX (New York Mercantile Exchange) rose $0.47 to stand at $56.70 ...
    BP and co-venturers spent $3.2 million in Azerbaijan on social investment projects last year

    BP and co-venturers spent $3.2 million in Azerbaijan on social investment projects last year

    04.02.2021 [20:00]
    In 2020, BP and the co-venturers in BP-operated joint ventures spent $3.2 million in Azerbaijan on social investment projects, BP Azerbaijan told AZERTAC. “The success of projects in the Caspian region depends, in part, on the operators’ ability to create tangible benefits ...
    BP Azerbaijan: 16 wells completed in Shah Deniz 2

    BP Azerbaijan: 16 wells completed in Shah Deniz 2

    04.02.2021 [16:27]
    “In 2020, the Shah Deniz Alpha platform rig was on warm stack,” BP Azerbaijan told AZERTAC. “The Istiglal rig commenced the SDF03 subsea completion operations. The Maersk Explorer suspended the SDF05 well and commenced the SDH03 lower section drilling ...
    BP Azerbaijan: Shah Deniz field produced 18.1 billion standard cubic metres of gas in 2020

    BP Azerbaijan: Shah Deniz field produced 18.1 billion standard cubic metres of gas in 2020

    04.02.2021 [13:31]
    “In 2020, the Shah Deniz field produced around 18.1 billion standard cubic metres (bcm) of gas and 3.6 million tonnes (29 million barrels) of condensate in total from the Shah Deniz Alpha and Shah Deniz Bravo platforms,” BP Azerbaijan told AZERTAC ...
    BTC pipeline transported 447 mln tonnes of crude oil so far, BP Azerbaijan

    BTC pipeline transported 447 mln tonnes of crude oil so far, BP Azerbaijan

    04.02.2021 [12:45]
    Since the 1,768 km BTC pipeline became operational in June 2006 till the end of 2020, it carried a total of 3.57 billion barrels (more than 475 million tonnes) of crude oil loaded on 4,659 tankers and sent to world markets, BP Azerbaijan told AZERTAC ...
    Azeri-Chirag-Gunashli produced 175 million barrels of oil last year, BP Azerbaijan

    Azeri-Chirag-Gunashli produced 175 million barrels of oil last year, BP Azerbaijan

    04.02.2021 [11:54]
    Total ACG production for the full year was on average about 477,000 barrels per day (b/d) (about 175 million barrels or 23.6 million tonnes in total) from the Chirag (34,900 b/d), Central Azeri (113,200 b/d), West Azeri (118,900 b/d) ...
    Azerbaijani oil price reaches $60

    Azerbaijani oil price reaches $60

    04.02.2021 [11:17]
    Azerbaijani oil price has increased on the world markets. The price of a barrel of Azeri Light crude oil rose $1.03 to stand at $59.51 ...
    BP Azerbaijan: In 2020, Sangachal terminal exported about 239 million barrels of oil and condensate

    BP Azerbaijan: In 2020, Sangachal terminal exported about 239 million barrels of oil and condensate

    04.02.2021 [11:05]
    In 2020, the Sangachal terminal exported about 239 million barrels of oil and condensate. This included about 208 million barrels through Baku-Tbilisi-Ceyhan (BTC) and more than 31 million barrels through the Western Route Export Pipeline (WREP), BP Azerbaijan has told AZERTAC ...
    Oil prices jump on world markets

    Oil prices jump on world markets

    04.02.2021 [10:47]
    Oil prices have risen on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil increased $0.36 to trade at $58.82, while the price of Light crude oil at the NYMEX (New York Mercantile Exchange) rose $0.39 to stand at $56.08 ...
    SOCAR, Italian Maire Tecnimont Group sign two EPC contracts for new generation refining units

    SOCAR, Italian Maire Tecnimont Group sign two EPC contracts for new generation refining units

    03.02.2021 [16:51]
    The State Oil Company of Azerbaijan Republic (SOCAR)’s subsidiary Heydar Aliyev Oil Refinery has signed two Engineering, Procurement and Construction contracts with Tecnimont S.p.A. and KT-Kinetics Technology S.p.A., the subsidiaries ...
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