BP`s report: Drilling for past 3 quarters

BP Azerbaijan has published a report for 3rd quarter of 2020

Funds spent on Shah Deniz activities

In the first three quarters of 2020, Shah Deniz spent about $620 million in operating expenditure and $719 million in capital expenditure

More than 469 million tons of oil carried via BTC

In the first three quarters of 2020, BTC spent more than $67 million in operating expenditure and about $20 million in capital expenditure.

Daily capacity of Sangachal terminal`s technical processing systems announced

On average, about 48 million standard cubic metres of Shah Deniz gas was exported from the terminal daily during the three quarters of 2020

ACG oil production lowered over Jan-Sept

Total ACG production for the three quarters reached about 132 million barrels

BP Azerbaijan: Over $1 bn spent on these operations

In the first three quarters of 2020 about $399 million in operating expenditure and about $1,398 million in capital expenditure were spent on ACG activities

Oil rises in price after last week`s growth, and Brent is at $43.27 a barrel

The benchmark oil prices are increasing in Monday`s trading after more than 8% growth over the past week

Oil declines in price, and Brent is at $42.90 a barrel

Oil prices are falling in Friday`s trading amid the data about the growth of oil stocks in the U.S. last week

Oil continues price growth, and Brent is at $43.91 a barrel

Oil prices keep on rising in Thursday`s trading amid the expectations of Department of Energy`s data about oil stocks in the U.S.

Parviz Shahbazov to deliver speech at GECF ministerial meetings

EIA presents a forecast on Azerbaijani - oil production to be cut

The Energy Information Agency under the U.S. Department of Energy (EIA) did not change the forecast for oil and other liquid hydrocarbons production in Azerbaijan for 2020.

Oil grows in price, and Brent is at $43.96 a barrel

The benchmark oil prices keeps on rising in Wednesday`s trading amid the American Petroleum Institute`s data about the decline in oil stocks in the U.S.

Energy Ministry: Azerbaijan met its OPEC+ obligations by 100%

In October, Azerbaijan`s daily oil production with condensate amounted to 675,200 barrels

Oil gets cheaper after strong growth, and Brent is at $41.99 a barrel

The benchmark oil prices are declining in Tuesday`s trading amid continuing concerns about the weakening demand in connection with the quarantine restrictions in Europe and the U.S.

Important statement made about Azerbaijani gas supplies to Europe

Despite the ongoing military operations on the liberation of Azerbaijani lands from Armenian occupation, the country will not cancel its plans to supply natural gas to southern Europe

Oil keeps on falling in price, and Brent is at $39.92 a barrel

Oil prices continued to decline in Friday`s trading amid the worsening of the demand prospects in connection with the growing number of Covid-19 diseases worldwide and new quarantine measures

Azerbaijan and Iran discussed cooperation on electric power industry

Energy Minister Parviz Shahbazov has held a video meeting with Iranian ambassador Seyid Abbas Mousavi

Oil cheapens after a rise the day before, and Brent is at $39.01 a barrel

Oil prices are declining in Thursday`s trading after a significant jump in the previous session.

Azerbaijan`s Oil Fund has declared income from ACG field

Cost of oil rises slightly, and Brent is at $39.01 a barrel

Oil prices are increasing in Tuesday`s trading after a jump the day before amid the signals that the OPEC+ countries may cancel the production cut lifting, scheduled for early 2021.

Oil cheapens after last month`s drop, and Brent is at $36.72 per barrel

Oil prices continue falling in Monday`s trading after last month’s decline