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  • Fuel and Energy
  • item

    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

    16 November - 13:33

  • item

    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.

    16 November - 13:20

  • item

    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

    16 November - 13:08

  • item

    ACG oil production lowered over Jan-Sept

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

    16 November - 12:57

  • item

    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

    16 November - 12:43

  • item

    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

    16 November - 12:24

  • item

    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

    13 November - 10:48

  • item

    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.

    12 November - 11:45

  • item

    Parviz Shahbazov to deliver speech at GECF ministerial meetings

    11 November - 13:34

  • item

    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.

    11 November - 13:33

  • item

    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.

    11 November - 12:10

  • item

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

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

    10 November - 15:36

  • item

    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.

    10 November - 11:27

  • item

    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

    6 November - 11:52

  • item

    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

    6 November - 10:20

  • item

    Azerbaijan and Iran discussed cooperation on electric power industry

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

    5 November - 12:27

  • item

    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.

    5 November - 12:20

  • item

    Azerbaijan`s Oil Fund has declared income from ACG field

    4 November - 17:49

  • item

    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.

    3 November - 11:33

  • item

    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

    2 November - 11:22

  • item

    WTI grade falls, while Brent rises in price

    Benchmark oil prices have shown the mixed dynamics in Friday`s trading after falling the day before to the lowest values since May

    30 October - 11:38

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